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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
What does it cost to take short-term loans and spread payments?

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

24 May 2024

Concerning the advisory opinion of the EFTA Court

Today, the EFTA Court delivered an advisory opinion regarding interpretation of certain provisions of EU directives relating to consumer housing mortgages. The directives have been incorporated into the EEA Agreement and transposed into Icelandic law by acts of Parliament. The opinion was delivered at the request of district courts for two court cases that have been brought against Landsbankinn, on the one hand, and Íslandsbanki, on the other. The cases concern contractual provisions governing the grounds for interest rate changes on housing mortgages.
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.

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