Iceland’s robust banking sector passes crisis test, pushes into international markets

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Iceland’s robust banking sector passes crisis test, pushes into international markets

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To many Icelanders, the crises engulfing US banks such as SVB, Signature and First Republic, as well as the dramatic takeover of Swiss banking giant Credit Suisse by its domestic rival UBS will have triggered painful memories of their own banking and economic disaster 14 years ago, in December 2008.

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