29 June 2020
Last week's highlights
The CPI based on prices in June increased by 0.44% MoM.
Statistics Iceland expects the GDP to decrease by 8.4% in 2020.
Unemployment in May was 9.9%, according to Statistics Iceland's labour force survey.
The CBI released its quarterly Economic Indicators.
The week ahead
On Tuesday, the GDM will release its prospect for Q3.
On Wednesday, the CBI will publish its bi-annual Financial Stability report.
Facts and figures
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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.

13 Feb. 2025
The open sale process of the 35% shareholding of Hömlur ehf., a subsidiary of Landsbankinn, in Keahótel ehf., has ended without the conclusion of a sale agreement.

11 Feb. 2025
Today, Landsbankinn completed the sale of Additional Tier 1 (AT1) securities in the amount of USD 100 million. This marks the Bank’s inaugural AT1 securities issuance, with the securities sold to investors at a fixed interest rate of 8.125%.

7 Feb. 2025
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 13 February 2025.

7 Feb. 2025
Landsbankinn and the Federation of Icelandic Industries (SI) are hosting a joint seminar on Thursday, 13 March, on the public-private partnership in the field of infrastructure and transport.

5 Feb. 2025
Due to a system updates, customers will not be able to use the app and online banking on Wednesday, 5 February, between 21:30 and 23:00. Other self-service solutions will be inaccessible during work on the update.

5 Feb. 2025
Most Landsbankinn branches will remain closed today, 6 February, until the weather subsides. We will update information on a running basis, as opening hours are likely to vary between locations.

4 Feb. 2025
Due to a system updates, customers will not be able to use the app and online banking on Wednesday 5 February, between 6:00 and 7:00 in the morning. Other self-service solutions will be inaccessible for about an hour during work on the update.