Iceland's application for a $2 billion loan had been postponed until November 10 from this week.

Prime Minister Geir Haarde told Icelandic radio a meeting of the board of the International Monetary Fund to consider Iceland's application for a $2 billion loan had been postponed until November 10 from this week.
Haarde said in this was to give Iceland more time to finalize other loans which are to be part of the IMF deal.The prime minister also said Britain and the Netherlands wanted to make the IMF loan conditional on a settlement of refunds for depositors of failed Landsbanki's Icesave bank.

"We do not accept that our cooperation with International Monetary Fund and the unfortunate Icesave affair be tied together," Haarde said in the interview.

"The Fund's director has asserted that our application will be treated in a normal fashion and according to the rules. I am confident that will be the case."

Britain's finance ministry and its Dutch counterpart declined to comment.