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Eco­nom­ic fore­cast: Growth des­pite high in­terest rates

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Íslenskir peningaseðlar
Weekly bulletin 13 May 2024

Household deposits have grown considerably alongside rising interest rates. This has resulted in greatly increased interest income for households, in fact in excess of interest expenses.

Netbanki fyrirtækja
Opening of the banking system

Landsbankinn recently launched a new feature in its app that allows customers to transfer funds from their bank accounts with other banks.

Rafræn greiðsla
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In order to compare terms on short-term loans, it’s not enough to look at the interest and interest rate only.

News and notifications

2 May 2024

Financial results of Landsbankinn for the first three months of 2024

Landsbankinn's net profit in the first three months of 2024 was ISK 7.2 billion. Return on equity (ROE) in the period was 9.3%, compared with 11.1% for the same period the previous year.
30 April 2024

Landsbankinn changes interest rates

Landsbankinn changes deposit and lending rates, effective as of 1 May 2024.
19 April 2024

Results of the 2024 AGM of Landsbankinn

The annual general meeting (AGM) of Landsbankinn, held on 19 April 2024, agreed to pay a dividend amounting to ISK 16,535 million to shareholders.
5 April 2024

Norwegian, Swedish and Danish bank notes

The use of bank notes in Europe is decreasing and especially in the Nordic countries. Increased digitalisation in commerce and trade and the pandemic have accelerated that development. Measures against money laundering have restricted foreign currency trading in cash severely and rules and legislation to prevent money laundering have been tightened, most notably in the Nordics.

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