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Examples
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The bank had offered savings accounts in the UK and Netherlands under the name Icesave.
BBC News - Home 2011
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The following on the collapse of Icesave is from a contemporary account in The Guardian:
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Don't know how many of the 300,000 savers in Icesave would know a credit derivative if it slapped them in the face - or even council finance officers.
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A survey by pollster MMR Iceland for Channel 2 News published this week suggested voters have turned against the so-called Icesave deal after earlier polls had suggested the "yes" camp would hold sway.
Iceland to Vote on Repayment Deal Charles Duxbury 2011
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The money in question, about €4 billion $5.8 billion, was placed by British and Dutch depositors in an Icelandic Internet bank called Icesave, and then lost when Icesave's operator, Landsbanki Islands, collapsed along with the rest of Iceland's big banks in October 2008.
Icelanders Reject Deal to Repay U.K., Netherlands Charles Forelle 2011
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In the previous decade, Icelandic lender Landsbanki used a U.K. branch to build a thriving online savings-account business known as Icesave.
U.K. Regulator Expands Its Reach David Enrich 2011
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The bill from the failed bank known as Icesave is one of the most lasting hangovers of Iceland's spectacular banking meltdown in late 2008.
Iceland Voters Reject Debt Deal Charles Forelle 2010
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The bill from the failed bank known as Icesave is one of the most lasting hangovers of Iceland's spectacular banking meltdown in late 2008.
Iceland Voters Reject Debt Deal Charles Forelle 2010
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The deal concerned the so-called Icesave accounts that an Icelandic bank, Landsbanki, operated from 2006 in the U.K. and later also in the Netherlands.
Iceland's Message: Don't Bail Them Out Hannes H. Gissurarson 2010
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However, the governments of the UK and the Netherlands, which had reimbursed citizens who lost their deposits in the Landsbanki, which had enticed them with above market interest rates through a program known as Icesave, demanded that Iceland assume full financial liability and pay back those governments.
Sheldon Filger: People of Iceland Versus Global Economic Policymakers 2010
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