News
News and announcements

4 June 2025
Fintech company YAY and Landsbankinn have come together to create a new company, Yayland ehf., which will specialise in the development, sale, issuance and operation of both digital and physical prepaid cards, gift certificates and loyalty cards. Yayland will take over the entire gift card operation of YAY in Iceland as well as all issuance and operation of prepaid cards for Landsbankinn.

3 June 2025
Landsbankinn awarded sixteen talented students with scholarships from the Bank’s Community Fund on 28 May. This was the 36th allocation of scholarships which amount in total to ISK 8 million. Over 450 applications were received this year.

26 May 2025
Holtaskóli has emerged as the winner of Skólahreysti 2025 and is the Skólahreysti champion! The exciting final competition between 12 schools took place before a packed auditorium at the sports hall Varmá in Mosfellsbær, Saturday 24 May.

23 May 2025
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 3 June 2025.

16 May 2025
Landsbankinn Corporate Finance acted as an independent financial advisor to the Icelandic government and supervised the marketed public offering of the State’s remaining shareholding in Íslandsbanki, a sizeable and well-organised project that garnered significant attention from investors.

16 May 2025
Landsbankinn advertises for sale its buildings at Austurstræti 11 and Hafnarstræti 10, 12 and 14 in Reykjavík. The combined size of the buildings is 5,836 square metres, including 1,380 square metres of basement area. The buildings will be sold as one lot.

30 April 2025
Landsbankinn’s after-tax profit during the first three months of 2025 was ISK 7.9 billion, compared with ISK 7.2 billion for the same period of 2024. Return on equity (ROE) in the period was 10.0%, compared with 9.3% for the same period the previous year.

28 April 2025
S&P Global Ratings has today announced an upgrade of Landsbankinn’s long-term credit rating from BBB+ to A-. This is the highest the Bank’s credit rating has been since 2014, when S&P started issuing ratings for the Bank.

16 April 2025
Landsbankinn’s branches and service centres will as usual be closed over Easter and open again on Tuesday, 22 April.

9 April 2025
Landsbankinn Economic Research today published its economic forecast to 2027. Economic Research forecasts 1.4% economic growth this year and 2.1% next year. Rarely has uncertainty been greater and the forecast can be said to hold until further notice.

8 April 2025
The atmosphere was exciting and the house packed at Landsbankinn’s DesignMarch event on Friday, 4 April. The event began with a discussion about funding and design, and in the evening, young fashion designers took over the stage.

8 April 2025
First-time home buyers can use their supplementary pension savings to make tax-free payments towards their mortgage for a 10-year period. Just over 10 years have now passed since the solution was first enacted and, as a result, the authorisation will soon expire for many - if it hasn’t already.

27 March 2025
The services provided at Landsbankinn’s outlet in Seyðisfjörður will transfer to the Egilsstaðir branch on Friday, 4 April.

26 March 2025
Landsbankinn is one of the main sponsors of DesignMarch and an active participant in the festival. We will be hosting exciting events at the Bank’s headquarters in Reykjastræti and videos featuring seven designers will appear on our Youtube channel.

24 March 2025
Landsbankinn has digitised the communication of information about the estates of deceased persons on the date of death directly to the estate register of district commissioners. This includes the balance on accounts and housing mortgages.

21 March 2025
The branches of TM and Landsbankinn in Akureyri, Reykjanesbær and Vestmannaeyjar will merge on Monday, 24 March 2025, allowing customers to get both banking and insurance service in one place.

20 March 2025
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 27 March 2025. The main changes are as follows:

19 March 2025
The annual general meeting (AGM) of Landsbankinn, held on 19 March 2025, agreed to pay a dividend amounting to ISK 18,892 million to shareholders.

5 March 2025
Landsbankinn´s Annual General Meeting will be held on Wednesday, 19 March 2025, at 16:00, at Reykjastræti 6, Reykjavík.

3 March 2025
Landsbankinn’s building at Reykastræti in Reykjavík has received the Concrete Award 2025 from the Icelandic Concrete Association. The Association annually recognises built structures that combine original and professional use of concrete in the man-made environment.

28 Feb. 2025
Settlement and handover related to the purchase by Landsbankinn of TM tryggingar hf. from Kvika Bank took place today and Landsbankinn has assumed operation of the company. TM will be operated as a subsidiary of Landsbankinn.

28 Feb. 2025
A malfunction is currently causing disruptions in the app and online banking. We are working on repairs which we hope to finish soon. We regret any inconvenience this may cause. The article has been updated.

21 Feb. 2025
The Icelandic Competition Authority has approved the purchase by Landsbankinn of all share capital in TM tryggingar hf., with a condition set out in a settlement between the Bank and the Authority.

21 Feb. 2025
Landsbankinn’s canteen in Reykjastræti 6 has been recertified under the Nordic Swan Ecolabel, for the first time since the Bank moved to its new headquarters. The Bank’s canteen has been verified by the Nordic Swan since 2013 and was the first canteen in Icelandic to receive such certification.

21 Feb. 2025
On 20 February 2025, the Nordic Investment Bank (NIB) launched an ISK 8.5 billion environmental bond in its first issuance in the ISK bond market in over 16 years. The bonds are issued under NIB’s Environmental Bond Framework. Landsbankinn coordinated promotion and sale of the bonds to investors.

20 Feb. 2025
Online banking for corporates is now even more convenient and user-friendly. Changes include a completely new approach to payments, a new log-in and authentication processes and a new dashboard that facilitates overview. In the past weeks, users have gradually been transitioned to the new online banking version. We plan to complete the migration by the end of March.

18 Feb. 2025
We now offer a savings account in Polish currency, the zloty (PLN). This marks the first time an Icelandic bank has provided a foreign currency account in zloty.

17 Feb. 2025
The winner of the 2025 Gulleggið startup competition is Sagareg, which aims to simplify the creation of drug marketing authorisation applications using artificial intelligence and specialised software.
16 Feb. 2025
The issue that caused the app and online bank to be unavailable earlier today has now been resolved. We apologize for any inconvenience this may have caused.

14 Feb. 2025
Landsbankinn’s Akureyri branch has moved to a new location at Hofsbót 2-4 in downtown Akureyri. The branch is open between 10-16 while ATMs and other self-service equipment is accessible around the clock.
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