30-Mar-2016: Liquidators' Update, see Deloitte site

Iceland Reaches Accord With U.K., Holland on Icesave Deposits

Nov. 16 (Bloomberg) -- Iceland has reached an accord with the U.K. and the Netherlands on repaying depositors at Icesave, the online banking unit of failed lender Landsbanki Islands hf.

``We accept the EU directive on deposit guarantees and will undertake the obligation to pay what Landsbanki assets will not cover. Prime Minister Geir Haarde told reporters in Reykjavik today. ``Over what period the payments will be made and the annual payment obligation is still to be negotiated.'' 16-Nov-08.