Municipality Credit Iceland

Municipality Credit Iceland (MCI) was established by an Act of Parliament in 1966 and is wholly owned by all the municipalities in Iceland. The company's primary role is to serve as a credit institution for the municipal sector, securing financing for them through the issuance of bonds and other credit instruments on both domestic and international markets. Operating on a non-profit basis, MCI's mission is to ensure stable and affordable long-term funding for municipal investments and projects, thereby supporting local infrastructure and public services throughout Iceland.