A leader in financing for 40 years
Ergo was established in 1985 under the name Glitnir, and we have consistently worked to meet the needs of our customers through professional advice and excellent service.
Ergo is a division within Íslandsbanki, backed by the bank’s strong foundation and included in its financial reporting.

Our story
1985
Glitnir was founded and was originally based at Ármúli 7 in Reykjavík.
2011
Íslandsbanki’s financing services become Ergo, which relocates its operations to Suðurlandsbraut 14 in Reykjavík.
2017
Ergo relocates to Norðurturn in Kópavogur.
Ergo – “Therefore”
- In 2011, we rebranded, and the name Ergo was chosen.
- Ergo means “therefore” and reflects the driving force behind our operations. The arrow in our logo represents forward movement, while the colours create warmth and atmosphere.
- Ergo is a member of IFLA (International Finance and Leasing Association), a global organisation for finance and leasing companies.
- The IFLA serves as a platform for sharing information on developments and innovations in the financing industry.
We finance almost anything
Whether you are looking to finance something essential or something just for fun, we are here to explore the possibilities with you.
OverviewYou can access our services at all Íslandsbanki branches
We are located on the 7th floor in Norðurturn, Hagasmára 3 in Kópavogur, and are open from 10:00 to16:00 on weekdays. Telephone and email services are available from 09:00 to 16:00.



Always happy to help
Need help? Send us a message and we will gladly assist.








