Profile
Founded in 1906 in the Faroe Islands, Føroya Banki is a leading financial services group in the North Atlantic region, with a strong market position and a consistent track record of profitability.
We provide a broad range of financial services to retail, commercial and corporate customers, built on long-standing customer relationships and deep local expertise. Our core activities comprise:
- Banking, non-life insurance and real estate brokerage in the Faroe Islands
- Banking in Greenland
We operate under a multi-brand structure, reflecting our specialised business areas and local presence. In addition to Føroya Banki, we operate under the Bankivik brand in Greenland, while our insurance activities are conducted through Trygd and our real estate brokerage services through Skyn in the Faroe Islands.
Our business model is centred on stable earnings, prudent risk management and strong capitalisation, supporting sustainable value creation for our shareholders.
At Føroya Banki, our mission is to contribute to a future where everyone has the financial resources to focus on what matters most. Guided by this, we strive to provide financial security in the Faroe Islands and Greenland.
Our mission and values are closely connected and form the foundation of how we engage with customers, partners, communities and each other across the Group. We are driven by a shared set of core values and strategic focus areas.
Cores values
- Teamwork
- Customer commitment
- Enthusiasm
Strategic focus areas
- Customer experience
- Profitability
Our values and strategic areas og focus guide our daily interactions and decision-making, and support our ambition to build strong relationships and deliver sustainable, long-term value for our customers, employees and shareholders.
