According to calculations of the Financial Supervisory in Lithuania MP Pension Fund Baltic private pension savings program (MP Medio II) has the highest yield compared to other private pension savings programs from launch.

MP Bank maintains the market leader in trading on Nasdaq OMXI for the first 11 months of 2009 with 31% market share, according to Nasdaq OMXI.

The Norwegian investor Endre Røsjø and MP Bank have reached an agreement about Røsjøs' strategic investment in MP Bank Iceland. 

Gunnar Karl Guðmundsson, former CEO of Skeljungur hf. and Chairman of the Board of Directors of Tryggingamiðstöðin hf. has been appointed CEO of MP Bank.

MP Bank has reached an agreement with SPRON‘s Resolution Committee to acquire Netbank, SPRON's online banking subdisiary, as well as SPRON‘s branch network.  MP intends to operate SPRON‘s former headquarters at Skólavördustígur and SPRON‘s branches at Seltjarnarnes and Borgartún.

After-tax earnings of MP Bank hf. in 2008 amounted to ISK 860 million, compared with earnings of ISK 1,780 million in 2007. The lower earnings are explained by high impairment charges following the collapse of the three large Icelandic banks and the bankruptcy of Lehman Brothers.

The Icelandic Financial Supervisory Authority (FME) granted MP Bank hf. a commercial banking license on October 10, 2008. The license was initially granted to December 31, 2008.

The Financial Supervisory Authority (“FME”) has required Icelandic Fund Management Companies to liquidate their money market funds. This decision comes in the wake of the Government‘s take-over of the country‘s three biggest banks, Glitnir, Landsbanki and Kaupthing.

The world is going through an unprecedented financial crisis with strong negative global effects.

The Icelandic Financial Supervisory Authority (FME) has granted MP Investment Bank hf. a commercial banking license. The Bank is not planning to use this extended license to make substantial changes to its operations in the near future. The license will enable the Bank to accept deposits in its current markets and will immediately do so in Iceland.

MP Investment Bank turned a profit of ISK 2,250 million before tax in 2007. Profits after tax amounted to ISK 1,780 million, equivalent to a return on capital of 43,5% on a yearly basis.

The publishing of MP Investment Bank´s Financial Statements will be delayed for one week, and will be published instead in week 10, 2008.

The financial statement of MP Investment Bank will be published in week 9, 2008.

For some time, work has been in progress on updating the website, and today, MP Investment Bank opened a a new, revised website.

MP Investment Bank - Baltic Branch, has moved its location to a brand new office building, ?Vilniaus vartai? located in the prestige part of Vilnius city. The offices are 315 square meters, all in one floor with work stations for 28 people.

MP Investment Bank hf. has appointed Mr. Vygandas Jūras, as the Head of MP Investment Bank hf. Baltic Branch. He will start on February 1st 2008.

The beginning of 2008 has been a historical exception on the equity markets in every respect ? this is already clear after just a few weeks. While the beginning of the year is almost always characterised by increasing liquidity and favourable stock prices, the price losses experienced in the second half of 2007 are continuing with even more intensity in 2008.

The Markets in Financial Instruments Directive (MiFID) comes into effect on 1 November 2007, when it will replace the existing Investment Services Directive (ISD).

MP Pension Funds Baltic - subsidiary company of MP Investment Bank – has introduced it’s activities to Lithuanian capital market participants, regulatory bodies and companies, during the grand launch event on the 11th of October 2007 in Vilnius.

The Board of Directors and the Managing Director of MP Investment Bank hf. confirmed the Condensed Consolidated Interim Financial Statements for the period from 1 January to 30 June 2007 with their signatures at their board meeting on Monday the 27th of August.

The Board of Directors of MP Investment Bank hf. approved the 2006 financial statement of the Bank at a meeting held by the Board on 15 March 2007.

MP Investment Bank will become a direct member of the Stock Exchanges in Copenhagen, Oslo and Helsinki through the OMX Nordic Exchange as of Wednesday, February 28. Thereby MP Investment Bank will become the only company throughout Europe with a direct membership in the Stock Exchanges of all the Nordic and Baltic Countries.

MP Investment Bank becomes a member of the OMX Nordic Exchange in Stockholm as of Wednesday February 21. The bank aims for further increase of its activities in foreign markets.

MP Investment Bank hf. has opened a trading desk, specializing in consultancy regarding trade with stocks listed in stock exchanges of Eastern-Europe. The bank has employed Darius Krizinauskas and Mindaugas Gataveckas, both specialists in this field with a broad experience in analyzing investment opportunities in the Eastern-European markets. The trading desk is located at MP Investment Bank’s headquarters in Reykjavík, Iceland.

MP Investment Bank (MP Fjárfestingarbanki hf.) has been granted a licence to operate a branch in Lithuania. The formal opening of the branch, in Vilnius, is planned during the first quarter of this year. This will bring the bank’s customers additional opportunities in this rapidly-developing market area; the Baltic States have seen impressive growth recently. The purpose of opening the branch is to provide the same sort of financial services in Lithuania as MP Investment Bank provides its customers in Iceland: securities brokerage, equity trading, corporate advisory services, credit financing and asset management.

MP Investment Bank has founded an investment company, Aurora Holding hf., the purpose of which is to invest in the Baltic States and Central and Eastern Europe. Aurora Holding will also be licensed to invest in companies in other countries that have large parts of their operations in Eastern Europe. The managing director and staff of Aurora Holding will be based in the Lithuanian capital, Vilnius.

The visit of Icelandic Business Delegation to Ukraine in the beginning of November was a success. Markets in the area offer many opportunities for investors, according to MP’s General Manager.

Trade Council of Iceland in cooperation with Consulate of Iceland in Kiev, Embassy of Iceland in Helsinki and MP Investment Bank, organized a Business Delegation to Ukraine.

MP Investment Bank is entering into partnership with Raiffeisen Capital Management (RCM) in Austria and will be offering RCM’s investment funds to the public in Iceland. Specialists from RCM will be in Iceland later this week presenting the funds to investors and describing the Central and Eastern European markets as investment options.

MP Investment Bank is the first member from Iceland on the Baltic exchanges and becomes the 12th pan-Baltic member.

The President of Iceland, Mr. Olafur Ragnar Grimsson, was the guest of honur at a luncheon in Vilnius, Lithuania, last month.

MP Investment Bank together with other Icelandic investors have bought 92.5% of the total shares of the commercial Bank Lviv in West-Ukraine.

Styrmir Þór Bragason has been appointed Managing Director of MP Investment Bank, effective immediately.

The textile manufacturing company AB Vilkma in the Lithuanian town of Ukmerge has been bought by the Icelandic company Hlunnur ehf, a holding company of an Icelandic group of a father and two sons that have been in the textile business for several decades.