BankNordik is a Faroe Islands-based financial services company that provides banking and insurance services.
The Faeroese bank was previously known as Føroya Banki but after acquiring assets abroad, a new name was chosen to reflect its new market reach.
[2] It is one of the two full-service banking firms in the Faroe Islands.
The bank's services cover 40% of the market share in the Faroe Islands.
[3] Over the years BankNordik has acquired similar assets while also divesting from some markets.