Today, Landsbankinn concluded the sale of 5-year green bonds in the amount of EUR 300 million. The bonds bear 4.0% fixed rate and were sold at terms equivalent to 110 basis points spread above mid-swap market rates.

Landsbankinn’s after-tax profit during the first three months of 2026 was ISK 11.2 billion, compared with ISK 7.9 billion for the same period of 2025. Return on equity (ROE) was 13.5%, compared with 10.0% for the same period the previous year.

The cooling trend in the domestic economy looks set to continue longer than previously predicted. Economic growth will be modest and mainly export driven. The outlook is for 4.8% inflation this year and it is likely that the policy rate will be raised to 8.25%, also this year. There are signs of slackening in the labour market, with increasing unemployment and lower demand for workers.

Alfa Framtak has reached an agreement with Orkla Snacks to acquire all shares in Nói Síríus.