Brief: Supreme Court Rules In Case Against Islandsbanki On Variable Interest
14/10/2025 15:34
Oct 14 (Reuters) - Islandsbanki hf ISB.IC: SUPREME COURT RULES IN CASE ON VARIABLE INTEREST SUPREME COURT CLEARED ÍSLANDSBANKI OF ALL CLAIMS OF REIMBURSEMENT SUPREME COURT RULED BANK'S TERMS RELATED TO INTEREST RATE CHANGES IN UNDERLYING MORTGAGE ARE DEEMED INVALID INSOFAR THEY REFER TO OTHER ITEMS THAN POLICY RATES OF CENTRAL BANK OF ICELAND ASSESSES FINANCIAL IMPACT OF RULING AS LESS THAN EXPECTED Source text: ID:nMFNc3cz8H Further company coverage: ISB.IC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))