Lands­bankinn changes in­terest rates

Fixed rates on non-indexed 60-month housing loans decrease by 0.25 percentage points (pp) and fixed rates on non-indexed 36-month housing loans by 0.15 pp.

Variable interest rates on non-indexed housing loans decrease by 0.15 pp and variable rates on other non-indexed loans, such as overdrafts and vehicle and equipment financing, decrease by up to 0.25 pp.

Variable interest rates on non-indexed deposits remain unchanged or decrease by up to 0.20 pp while fixed rates on deposits decrease by 0.15-0.25 pp.

Interest rates on cpi-indexed deposits and loans remain unchanged.

For further details, see Landsbankinn's new interest rate table, which takes effect on 13 February 2020.