BankNordik Designated as Systemically Important

In 2015, BankNordik was designated as a systemically important financial institution in the Faroe Islands. Each year, the Danish FSA examines the Group's status as a SIFI-institute in relation to the relevant threshold values set out in the Faroese Financial Business Act. Reflecting the Group's systemic importance, a capital requirement in the form of a SIFI-buffer amounting to 2 percent of domestic exposures is phased in during the period 2016-2019.

Corporate Governance

Corporate governance at BankNordik is aimed at ensuring responsible corporate management and to safeguard the interests of the Group's shareholders, customers and employees. 

Corporate Responsibility

Corporate responsibility is an integral part of BankNordik's strategy and efforts to create value for its stakeholders.