Bank equity as a share of bank assets reached 17.0 % in 2018 in Iceland, according to the National Central Bank. This is 11.9 % less than in the previous year.
Historically, bank equity as a share of bank assets in Iceland reached an all time high of 21.1 % in 2015 and an all time low of 8.82 % in 2008. When compared to Iceland's main peers, bank equity as a share of bank assets in Denmark amounted to 6.97 %, 6.18 % in Sweden and 6.82 % in United Kingdom in 2018.
Iceland has been ranked 6th within the group of 118 countries we follow in terms of bank equity as a share of bank assets, 41 places above the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.