News

News and announcements

Austurbakki
17 March 2024
Landsbankinn's acquisition offer for TM approved
Landsbankinn and Kvika Bank have agreed to enter into exclusive negotiations for the purchase by Landsbankinn of TM tryggingar hf. (“TM”) based on a purchase offer the Bank made for all equity in TM on 15 March. The proposed acquisition is contingent on such factors as due diligence and approval by the Icelandic Competition Authority and the Financial Supervisory Authority of the Central Bank of Iceland. 
15 March 2024
Landsbankinn lowers interest rates
Landsbankinn lowers interest rates on new, non-indexed housing mortgages with fixed rates.
Netbanki
15 March 2024
Reduced service due to maintenance Saturday night
Due to maintenance work at the Icelandic Banks' Data Centre (RB), certain of Landsbankinn’s services will be unavailable Saturday night through to Sunday morning, 16-17 March. Service disruptions are expected to last from around midnight on Saturday 16 March through to 7:00 on Sunday morning, 17 March.
Stúlkur með síma
12 March 2024
Landsbankinn’s app nominated as app of the year
Landsbankinn’s app has been nominates in the category “App of the Year 2023” at the Icelandic Web Awards, which take place on 15 March.
Fjölskylda
7 March 2024
Refinancing easier than ever
You can now refinance your housing mortgage even more easily on our web or through Landsbankinn’s app. Refinancing of housing mortgages has never been quicker or more convenient.
Austurbakki
7 March 2024
Annual General Meeting of Landsbankinn 2024
The Annual General Meeting of Landsbankinn will be held on Wednesday, 20 March 2024, at 16:00, in Reykjastræti 6, Reykjavík.
Austurbakki
6 March 2024
Sixfold over-subscription in green bond issuance
On 5 March 2024, Landsbankinn concluded the sale of green bonds in the amount of EUR 300 million. This was the Bank’s fourth issuance of euro-denominated green bonds.
Austurbakki
5 March 2024
Acquisition by Landsbankinn of own shares under a buyback programme - end of acquisition period 2024
On 15 February 2024, Landsbankinn announced that the Bank would offer to purchase shares from shareholders under the terms of a buyback programme during the period 19 February 2024 to 4 March 2024. During the period, Landsbankinn acquired a total of 6,423,476 own shares at a share price of 12,8595, for a total amount of ISK 82,602,689.
Peningaseðlar
4 March 2024
Outphasing of Danish, Norwegian and Swedish bills
Landsbankinn will cease buying and selling cash in three Nordic currencies in the near future. These currencies are Norwegian, Swedish and Danish krona. 
Fjármálamót á pólsku
4 March 2024
Thanks for attending in Reykjanesbær!
Landsbankinn’s second Financial Forum in Polish was extremely well attended. The Financial Forums are a series of educational events held by Landsbankinn and last week’s event in Reykjanesbær was co-hosted by the Keflavík and Environs Labour and Seaman Union.
Grindavík
28 Feb. 2024
Unchanged interest terms on new mortgages for Grindavík home owners
Landsbankinn offers the people of Grindavík who hold fixed-rate housing mortgages with the Bank and who decide to sell their housing to the State, the option to keep the terms of the old mortgage on the purchase of new homes.
28 Feb. 2024
Improved chat function on landsbankinn.is
The chat function on Landsbankinn’s website has now become even better with the addition of a new chatbot that responds to simple yet varied queries about banking and finance and can help customers in the use of self-service solutions.
Netöryggi
23 Feb. 2024
Thieves target ATM users
We would like to warn against thieves who are targeting ATM users and to reiterate the importance of safeguarding your PIN at all times.
Helga og Berglind
23 Feb. 2024
Helga Björk steps down as Chairman at Landsbankinn’s AGM in March
Helga Björk Eiríksdóttir, Chairman of the Board of Directors of Landsbankinn, a Director of the Board since 2013 and Chairman since 2016, will not stand for re-election to the Board at the Bank’s AGM on 20 March 2024. Berglind Svavarsdóttir, Vice-chairman of the Board and a Director since 2016, will also not stand for re-election and steps down at the same time.
Krossmói
22 Feb. 2024
What do you want to know about finance and banking in Iceland?
Landsbankinn and VFSK invite to an open information session in Polish about savings, pension, mortgages and cybersecurity.
Austurbakki
16 Feb. 2024
Landsbankinn’s science-based emission goals verified
Landsbankinn’s goals to reduce greenhouse gas emissions have been verified by the Science Based Targets initiative (SBTi). We are the first Icelandic bank to achieve this.
Fjölskylda
15 Feb. 2024
Publication of Landsbankinn’s Annual & Sustainability Report
Landsbankinn’s Annual & Sustainability Report for 2023 has now appeared. It reviews highlights in the Bank’s operation in the past year, developments in services and operation, successful funding, sound risk governance, robust sustainability work and more.
Austurbakki
15 Feb. 2024
Landsbankinn exercises authorisation to buy back own shares
Landsbankinn's Board of Directors has decided to exercise an authorization to purchase the Bank's own shares, which was approved at the Bank's AGM on 23 March 2023. The buyback program allows for the maximum purchase of 54 million shares, or 0.23% of issued shares.
Grænland
13 Feb. 2024
Landsbankinn Corporate Finance co-advisor in successful Amaroq offering
Amaroq Minerals Ltd., a mining company engaged in the identification, acquisition, exploration and development of strategic mineral assets in South Greenland, yesterday concluded a successful placement in the amount of ISK 7.6 billion.
Reykjanesbær
12 Feb. 2024
Reykjanesbær branch open
Our branch in Reykjanesbær at Krossmóar 4a has been reopened.
Gulleggið 2024
9 Feb. 2024
Sea Growth takes Gulleggið 2024
The business idea Sea Growth won the innovation competition of Icelandic Startups, Gulleggið 2024. Sea Growth proposes to grow cell-based fish products. The team is composed of Birgitta G.S. Ásgrímsdóttir, Alexander Schepsky, Martin Uetz and Sigrún Guðjónsdóttir.
1 Feb. 2024
Carbon emissions from credit portfolio contracted by 8%
Alongside the Bank’s annual financial statements, we are now publishing sustainability accounts for 2023, disclosing detailed information about sustainability and Landsbankinn’s operation. The accounts are verified in part or whole by auditing firm Deloitte.
Austurbakki
1 Feb. 2024
Financial results of Landsbankinn for 2023
Landsbankinn's after-tax profit in 2023 was ISK 33.2 billion. Return on equity (ROE) was 11.6% in 2023 after tax.
Netbanki
26 Jan. 2024
Reduced service due to maintenance Sunday night/Monday morning
Due to maintenance work certain of Landsbankinn’s services will be unavailable Sunday night through to Monday morning, from 0:00 to 6:00 on 29 January.
Austurbakki
25 Jan. 2024
Landsbankinn updates its Sustainable Finance Framework
Landsbankinn has updated its Sustainable Finance Framework, initially published in early 2021. The updated Framework maintains the Bank’s scope for financing green and social projects, such as the switch to renewable energy, development of environmentally-friendly infrastructure and sustainable fisheries.
Ánægjuvogin
19 Jan. 2024
Top of the Performance Satisfaction Index for the fifth year in a row
Landsbankinn was ranked highest by banking customers in the Icelandic Performance Satisfaction Index 2023, the fifth year running.
Austurbakki
18 Jan. 2024
Landsbankinn extends solution for Grindavík  
When the seismic and volcanic activity on the Reykjanes peninsula began, Landsbankinn offered all inhabitants of Grindavík payment deferral for a six-month period and cancelled interest and inflation-indexation on housing mortgages for three months. In light of the severity of the situation, we have now decided to extend the period of cancellation of both interest and indexation on housing mortgages by another three months, until the end of April. 
Austurbakki
17 Jan. 2024
Landsbankinn to disclose nature-related financial information
Landsbankinn is one of 100 financial undertakings to become an inaugural early adopter of recommendations from the Taskforce on Nature-related Financial Disclosures (TNFD). The companies will include nature-related financial information in their corporate reporting based on TNFD’s recommendations.
Netbanki
12 Jan. 2024
Reduced service due to maintenance Sunday night/Monday morning
Due to maintenance work certain of Landsbankinn’s services will be unavailable Sunday night through to Monday morning, from 0:00 to 6:00 on 15 January.
22 Dec. 2023
Landsbankinn awards ISK 15 million in community grants
Community grants in the total amount of ISK 15 million were awarded from Landsbankinn’s Community Fund on Tuesday, 19 December. A total of 36 projects received financial support this year. The projects are varied and benefit people of all ages and throughout Iceland.
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