Arion Banki HF engages in the provision of banking services. It operates through the following segments: Retail Banking, Corporate Banking, Investment Banking, Asset Management, Treasury, and Other Divisions and Subsidiaries. The Retail Banking segment offers mortgage loans, savings and checking accounts, vehicle and equipment financing, factoring, payment cards, pension services, and insurance and funds to both individuals and small medium enterprises. The Corporate Banking segment customizes lending solutions, including term loans, revolving credit facilities and guarantees. The Investment Banking segment includes equity and fixed income brokerage, initial public offerings and mergers and acquisition advisory, and bond and equity trading services, to a broad range of customers, such as corporate customers, professional investors, asset management companies, and pension funds. The Asset Management segment focuses on asset management products and services to institutional investors, as well as pension funds, and insurance companies. The Treasury segment represents liquidity, currency, and interest rate management for the Bank. The Other Divisions and Subsidiaries segment consists of market making business in currencies, and domestic securities. The company was founded on October 18, 2008 and is headquartered in ReykjavÃk, Iceland.