News
13 February 2020
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.
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1 March 2021
Icelandic Economic Weekly: 1 March 2021
The Icelandic economy contracted by 6.6% between years in 2020.
22 Feb. 2021
Icelandic Economic Weekly: 22 February 2021
The CBI released the minutes of the MPC’s meeting on the policy rate decision 3 February. Landsbankinn concluded the sale of a new green euro-denominated bond series. Landsvirkjun published financial statements for 2020.
17 Feb. 2021
Landsbankinn carbon-offsets its operation
Landsbankinn has carbon-offset its 2020 activity and achieved CarbonNeutral® company certification.
17 Feb. 2021
Landsbankinn in Djúpivogur moves
Landsbankinn’s service outlet in Djúpivogur has been moved to the shopping and service centre at Búland 1, where Kjörbúðin, Íslandspóstur and Vínbúðin are located. The Bank’s opening hours are unchanged and the ATM will be accessible during Kjörbúðin’s opening hours.
15 Feb. 2021
Icelandic Economic Weekly: 15 February 2021
Last week, Icelandair Group and the three main commercial banks published financial results for 2020.
9 Feb. 2021
Landsbankinn named best bank in Iceland by The Banker
Iceland’s competitive banking market is characterised by a high degree of innovation and a strong tradition of customer service. Landsbankinn, winning the 2020 country award, impressed the judges in both of these domains, and with its relatively strong set of financial results.
8 Feb. 2021
Icelandic Economic Weekly: 8 February 2021
The MPC of the CBI held policy rates unchanged. Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin. The CBI sent the prime minister a report on inflation above the upper deviation threshold of the inflation target. The population of Iceland was 368,590 at end of 2020.
4 Feb. 2021
January uneventful in the Icelandic FX market
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1 Feb. 2021
Icelandic Economic Weekly: 1 February 2021
The Minister of Finance and Economic Affairs made a formal decision to initiate the sale shares in Íslandsbanki. The Treasury issued a eurobond. Landsbankinn issued a bond in SEK. The CPI based on prices in January decreased by 0.06% between months due to seasonal sales, bringing the headline number to 4.3%. The CBI released the results of its market expectations survey.