Q2 2025 Arion banki hf Earnings Call Transcript
Good morning, everyone, and welcome to Arion's Bank presentation on the second quarter results. My name is Ida Benediktsdottir. I'm the Deputy CEO and MD of the Retail Bank. The agenda for the call today is that I will start by going over the highlights of the quarter, and I give a short update on the Icelandic economy and also a short update on the proposed merger -- quicker merger discussion. And then Benedikt Gislason, the CEO, will go into the numbers in more detail and give the outlook going forward.
But before I start the presentation, I would like to remind our participants online that they can submit questions during the presentation through the message board located below the feet. And we will provide answer to your questions at the end of the webcast. First of all, we are very happy with the strong results of the year and the positive first half. The return on equity attributable to Arion's shareholders was 19.7%, bringing the return on equity for the first half to 16.1%, which is
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