the company and its danish subsidiary were taken over by the danish banking regulator in october 2010 after failing to meet solvency requirements set by the financial supervisory authority. trading in the company's shares and bonds was suspended on the news, and eik banki's listing on the nasdaq omx iceland exchange was subsequently cancelled. subsequently 70% of the bank's shares were sold to tórshavn based "tf holding" for dkk 572 million. the bank later became betri bank. three of eik's managers were fined dkk 150 million in 2019.