10/07/2008

Iceland Crisis : Kaupthing Edge on the edge ?

Kaupthing Edge is a pan-European retail deposit taking brand. The purpose of the brand is to diversify liabilities on the Kaupthing balance sheet by currency, customer type (personal/retail) and country. Kaupthing Edge offers two deposit products: a savings account and a fixed term deposit account. Both are straightforward high-interest products. In Belgium customers can choose a third product which is a current account. Kaupthing Edge savings and fixed term deposit accounts are managed over the Internet with the support of telephony call centres.

Kaupthing Edge is available in eleven countries in Europe:

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