Lands­bank­inn lowers in­terest rates

Landsbankinn has lowered corporate and retail rates and a new interest rate tariff enters into effect at the beginning of the banking day 13 March. Variable interest rates on housing loans decrease by 0.40 percentage points (pp), overdraft interest rates decrease by 0.30-0.50 pp and prime rates decrease by 0.30 pp.
11 March 2020 - Landsbankinn

Landsbankinn has lowered corporate and retail rates and a new interest rate tariff enters into effect at the beginning of the banking day 13 March.

Variable interest rates on housing loans decrease by 0.40 percentage points (pp). After the change, variable rates on non-indexed housing loans will be 4.50% and variable rates on indexed housing loans will be 2.80%.

Fixed rates for non-indexed 36 and 60-month housing loans will decrease by 0.30 pp. Fixed rates on 60-month inflation-indexed housing loans will also be lowered by 0.30 pp.

Non-indexed and indexed prime rates on housing loans decrease by 0.30 pp.

Overdraft interest rates decrease by 0.30-0.50 pp and variable rates on vehicle and equipment loans decrease by 0.30 pp.

Deposit interest rates on general current accounts remain unchanged with other common interest rates on deposits decreasing by 0.30-0.50 pp.

Further details will be forthcoming in Landsbankinn's new interest rate table, which takes effect on 13 March 2020.

You may also be interested in
15 July 2024
Nine entries awarded grants from the Pride Parade Fund
The panel of judges of the Pride Parade Fund of Reykjavík Pride and Landsbankinn have awarded grants to nine entries in this year’s Pride Parade.
Stúlka með síma
12 July 2024
Even easier to start using Landsbankinn’s app
Signing up for Landsbankinn’s app has never been easier – now everyone can try the app without any commitment. This step opens access to Landsbankinn’s services even further.
Austurbakki
5 July 2024
Corporate Finance advises the Ministry of Finance on the sale of the State’s shareholding in Íslandsbanki
The Ministry of Finance and Economic Affairs has retained Landsbankinn Corporate Finance as independent financial advisor for the management and supervision of the public offering or offerings of the State’s remaining shareholding in Íslandsbanki hf.
Björn A. Ólafsson
4 July 2024
Björn Auðunn Ólafsson hired to Landsbankinn
Björn Auðunn Ólafsson is the newest addition to Landsbankinn Corporate Finance and has already joined the team.
Landsbankinn.pl
3 July 2024
More information in Polish on landsbankinn.pl
We have now launched a Polish version of our website, in addition to Icelandic and English. The Polish site contains information about our app, payment cards, currency exchange rates, supplementary pension savings, electronic ID, the Auðkenni app and more.
2 July 2024
Even tighter security in Landsbankinn’s app
We have now added settings to Landsbankinn’s app that further enhance security in card transactions and banking. These settings allow you to easily deactivate certain payment card functions in the app and to reactivate them just as easily at your convenience. If necessary, you can activate emergency closure that suspends the function of all of your cards and shuts down access to the app and online banking.
14 June 2024
The Auðkenni app can be used to log in
Landsbankinn’s customers can use the Auðkenni app to log in and to authenticate in online banking and the app. Before long, it will also be possible to use the Auðkenni app for valid electronic signatures. This is particularly useful where there is an Internet connection but no phone connection, and for those who have non-Icelandic phone numbers.
Grænland
12 June 2024
Amaroq Minerals Capital Markets Day
Amaroq Minerals Capital Markets Day will be hosted in Landsbankinn‘s headquarters at Reykjastræti 6, Thursday, June 13th, from 2:00 pm to 4:00 pm Icelandic time, GMT. The doors open at 1:30 pm and light refreshments will be served after the meeting.
Netöryggi
10 June 2024
Warning against phishing attempts
We warn against emails that are currently being sent, ostensibly in Landsbankinn’s name. The email states that the recipient’s bank account with Landsbankinn has been closed and asks people to click on a link to log in. This is an attempt to get people to enter their login information on a fraudulent site.
Námsstyrkir 2024
4 June 2024
Landsbankinn awards scholarship in the amount of ISK 8 million
Landsbankinn awarded sixteen students with scholarships from the Bank’s Community Fund on 31 May. This was the Bank’s 35th allocation of scholarships which this year amounted to ISK 8 million in total. Over 400 applications were received this year.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies