Landsbankinn Economic Research forecasts a cooling of the economy in coming years, despite continued economic growth. Inflation will recede slowly and interest rate levels continue to rise.

We forecast 6.5% economic growth in Iceland this year, the greatest since 2007. Robust growth in export sectors coupled with strong domestic demand has driven handsome GDP growth in the past year. 

Landsbankinn’s Economic Forecast for 2022-2025: 

Robust economic growth - purchasing power lags behind

Both the number of visitors to Iceland via Keflavík Airport andunemployment numbers are back to pre-pandemic levels.

Icelandic Economic Weekly: 22 September 2022

The inflation rate, measuring 9.7% in August, decreased YoY between months.

Icelandic Economic Weekly: 5 September 2022

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Landsbréf - Sparibréf verðtryggð hs.

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Landsbréf - Markaðsbréf hs.

OMX Iceland 15

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OMX Nordic 40

OMX Copenhagen 25 Index

OMX Helsinki 25

OMX Stockholm 30 Index

Landsbankinn's Economic Research Department publishes regular analyzes of most aspects of the economy.

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Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.

Your path to a new home starts here. We finance up to 80% of the purchase price of housing and 85% for first-time buyers.

We finance up to 80% of the purchase price for a term of up to 8 years and offer better terms for the purchase of electric cars.

The credit assessment gives you a clear picture of your payment capacity and the credit available to you. 

Savings are always good to have. Setting saving goals can be part of planning for the future, milestones, repairs or housing purchase.

Whether you need a card for yourself or a family member, we have the solution.

The bank is required to complete customer due diligence on its customers and that allows the Bank to monitor money laundering and terrorist financing. Customers are required by law to provide the Bank with information about the business they conduct through it.

We endeavour to simplify life for our customers and offer them outstanding banking service wherever and whenever they require.

We offer a wide selection of funding avenues depending on the type of operation or investment to be financed.

Choose the path that best suits your business - an inflation-indexed or non-indexed account, fixed term or unrestricted. Test all the options to find the best fit for your business.

To find the right card for your needs, take a look at benefit systems, travel insurance and annual fees.

We offer investment advice, securities and FX brokerage for pension funds, insurance firms, asset management firms, charities, institutions, family firms and high net worth individuals.

Landsbankinn is a market leader in Icelandic financial services. We offer a wide range of services for financial institutions, including but not limited to ISK cash accounts, cash clearing and sub-custody. 

Landsbankinn’s app is a secure and quick way to tend to banking business anytime and anywhere.

Get a clear and simple overview of your finances, easily access more details to go deeper and tend to almost all banking business.

It’s easy and convenient to tend to the company’s transactions in online banking for corporates.

Choose between different methods to log in and confirm payments in online banking and the app.

Taking care of your finances together is easy in the app.

How to recognise cyberfraud and private measures we can all take to protect against it.

We are dedicated to transparency and good communication, and provide quality, timely information about the Bank to all stakeholders.

Landsbankinn places great emphasis on ensuring the privacy of its customers and exercising responsible banking in the modern digital economy. 

The General Terms and Conditions of Landsbankinn apply to transactions between Landsbankinn hf. and a customer.

Our aim is to simplify life for our customers by offering accessible service and sound advice.

The Bank’s Sustainable Finance Framework provides for its funding of green and social projects. 

Service Centre is open weekdays 9-17.
General business hours are 9-16 weekdays.

+354 410 4000 - Call Centre open weekdays 9-16

Landsbankinn hf.
Reykjastræti 6, 101 Reykjavík
Reg. No. 471008-0280
Swift/BIC: NBIIISRE
Tel: +354 410 4000
landsbankinn@landsbankinn.is
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Currencies	Buy	Sell	Ch. today
EUR Euro	149.75	150.90	-
USD United State dollar	140.38	141.45	−0.25%
GBP British pound	173.78	175.11	0.18%
DKK Danish krone	20.07	20.23	0.01%
PLN Polish zloty	34.62	35.00	−0.01%

Stocks	Price	Turnover*	Ch. today
ALVO Alvotech	1,920.00	-	- -
AMRQ Amaroq Minerals Ltd.	131.75	-	- -
ARION Arion banki hf.	143.00	-	- -
BRIM Brim hf.	77.80	-	- -
EIK Eik fasteignafélag hf	10.20	-	- -

Mutual funds	Price	Ch. last month
SPAVT Landsbréf - Sparibréf verðtryggð hs.	21.12	0.73%
VELTII Landsbréf - Veltubréf hs.	1,502.10	0.71%
VELTPLUS Landsbréf - Veltubréf plús hs.	1,183.25	0.63%
GLOBALMULTI Landsbréf - Global Multi Asset Fund hs.	1,286.09	0.25%

Bonds	Share price/yield	Turnover*	Ch. today
HFF150434	100.00 3.78%	-	- -
HFF150644	100.00 3.78%	-	- -
LSS040440 GB	86.68 3.37%	-	- -
LSS150434	100.00 3.78%	-	- -
LSS151155	91.05 3.31%	-	- -

Markets overview

News and notifications

Slower rhythm succeeds rapid turnaround

Robust economic growth - purchasing power lags behind

Icelandic Economic Weekly: 22 September 2022

Icelandic Economic Weekly: 5 September 2022