Iceland’s Financial System Rated Resilient Amid Economic Uncertainty

Iceland’s financial system remains well placed to withstand economic shocks, according to the Financial Stability Committee, although lenders have been urged to monitor growing risks within the construction industry. As reported by RÚV, the committee said household and business debt levels remain generally low, while loan defaults continue to be limited. However, it noted that… The post Iceland’s Financial System Rated Resilient Amid Economic Uncertainty appeared first on Iceland Review.

By Michael Chapman