Meginmál

The Financial Supervisory Authority, Iceland grants Kreditkort an operating licence as a credit undertaking

The Fin­an­cial Su­per­vis­ory Au­thor­ity, Ice­land grants Kred­itkort an op­er­at­ing li­cence as a credit un­der­tak­ing

NOTE: This article is from 22. February 2008 and is therefore more than 5 years old.

The Financial Supervisory Authority, Iceland granted Kreditkort, Ármúla 28, Reykjavík, on February 22 2008, an operating licence as a credit undertaking, according to paragraph 1, point 3 of Article 4 of Act No. 161/2002 on Financial Undertakings.

As a credit undertaking, Kreditkort is authorised to receive repayable funds from the public in the form of debt certificates, grant credit which is financed by repayable funds from the public as well as issue and handle payment cards.