The right way in banking

English below.

After the economic collapse of 2008, the Icelandic state acquired the banking system and at the same time the possibilities to decide how the banking system should behave in the future. Who should the banking system work for and who should it be owned by? Lydia Prieg, chief economist of the British think tank New Economics Foundation, discusses the role of community banks and provides insight into the activities of such banks in other countries. Ásgeir Brynjar Torfason, Ph.D. in finance and representative in the Finance Council, discusses community banks in the context of the Icelandic banking system. Guðmundur D. Haraldsson from Áldunni is the moderator.

The Democratic Society of Alda og Varða - the research institute for the labor market jointly organizes the lunch meeting on the right way in banking together with ASÍ and BSRB.

The meetings take place via Zoom and are open to everyone. Interpretation into Icelandic is offered, and to use it you have to click on the small globe that appears in the bar and select an interpretation. You can select "mute orginal sound" to hear only the interpreter.

Click on this link to join:https://us02web.zoom.us/j/87910432423

After the 2008 economic collapse the Icelandic banking system landed in the hands of the State, along with the opportunity to decide what the future banking system should look like. Who should own the banks and whose interests should they serve? Lydia Prieg, head of economics at the British think-tank New Economics Foundation, will talk about the role of stakeholder banks and provide insights into how they operate in other countries. Ásgeir Brynjar Torfason, PhD in business economics, will talk about social banks in an Icelandic context. Guðmundur D. Haraldsson, from Alda, will moderate the meeting.

This webinar about the right way for the banking system is jointly hosted by Alda – Association for Sustainable Democracy and Varða – Labor Market Research Institute, together with ASÍ and BSRB.

The webinar is open to the public via Zoom. Interpretation between English and Icelandic is available. To listen to the interpretation, select the globe symbol at the bottom, and then select interpretation. To only hear the interpretation, select "mute original sound".

Click this link to join the webinar:https://us02web.zoom.us/j/87910432423