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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United State dollar

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Landsbréf - Global Multi Asset Fund hs.

Landsbréf - Veltubréf hs.

Landsbréf - Veltubréf plús hs.

Landsbréf - Global Equity Fund hs.

Landsbréf - Fyrirtækjaskuldabréf hs.

Stýrivextir

OMX Iceland 10

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.

Alvotech

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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.

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

Whether you’re looking for a long or short-term loan, for a lower or higher amount, this is where you’ll find the type of financing that suits your needs.

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

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.

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.

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

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. 

Annual and interim financial statements, risk reports and other information about the Bank’s results.

Detailed information about profit and loss, and the Bank’s balance sheet is published quarterly in an accessible manner.

A shareholders’ meeting is a specially announced gathering of shareholders to discuss and decide on company affairs. 

International rating agency S&P Global Ratings evaluates Landsbankinn's creditworthiness.

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

The Board of Directors consists of 7 regular members and 2 alternates elected by the Annual General Meeting for a term of one year.

The Executive Board is comprised of the CEO and managing directors of all divisions.

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.

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 Reykjavik
Reg. No. 471008-0280
Swift/BIC: NBIIISRE
Tel: +354 410 4000
landsbankinn@landsbankinn.is
Legal notice

Currencies	Buy	Sell	Ch. today
EUR Euro	144.66	145.74	−0.14%
USD United State dollar	136.70	137.70	0.68%
GBP British pound	166.83	168.07	0.07%
DKK Danish krone	19.40	19.54	−0.15%
PLN Polish zloty	31.33	31.65	−0.65%

Stocks	Price	Turnover*	Ch. today
ARION Arion banki hf.	139.00	136,939	1.00 0.72%
ALVO Alvotech	1,287.50	128,482	2.50 0.19%
FESTI Festi hf.	181.25	106,257	0.25 0.14%
MAREL Marel hf.	400.00	77,247	- -
HAMP Hampiðjan hf.	139.00	56,380	−0.25 −0.18%

Mutual funds	Price	Ch. last month
GLOBALMULTI Landsbréf - Global Multi Asset Fund hs.	1,142.76	2.83%
VELTII Landsbréf - Veltubréf hs.	1,427.64	0.72%
VELTPLUS Landsbréf - Veltubréf plús hs.	1,121.77	0.55%
LGE Landsbréf - Global Equity Fund hs.	3,553.71	0.48%

Bonds	Share price/yield	Turnover*	Ch. today
RIKS 26 0216	95.44 3.54%	1,555,056,720	0.20% 0.19
RIKB 26 1015	94.17 9.03%	1,225,263,631	−0.37% −0.35
RIKB 31 0124	93.67 7.65%	881,519,908	−0.60% −0.57
RIKB 28 1115	87.72 8.02%	876,846,315	−0.16% −0.14
RIKB 42 0217	76.45 6.78%	841,612,976	−0.84% −0.65

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