News

Lands­bank­inn signs decl­arati­on of in­tent on in­vest­ment to maintain sustaina­ble develop­ment

Landsbankinn is party to a declaration of intent on investment to maintain sustainable development, along with the government and parties representing around 80% of assets in the Icelandic financial market.
30 September 2020

Katrín Jakobsdóttir, Prime Minister of Iceland, signed the declaration of intent on behalf of the government on 25 September 2020. The Prime Minister’s Office, Festa - Centre for Social Responsiility and Sustainability, the Icelandic Financial Services Association and the Icelandic Pension Funds Association developed the declaration in active collaboration with key stakeholders in the financial market.

Declaration of Intent - Investment for a Sustainable Recovery

Emphasis on social responsibility

Landsbankinn places great emphasis on social responsibility in its activities and integrates ESG factors in the Bank’s operations. The Bank’s policy on social responsibility aims to promote sustainability in Icelandic society, be a dynamic force and operate in accordance with the principles of good corporate governance. The Bank has, among other things, adopted a policy on responsible investment based on the United Nations' Principles on Responsible Investment. The Bank works towards three of the UN’s sustainable development goals (SDGs): Goal 5 on gender equality, goal 8 on decent work and economic growth, and goal 12 on responsible consumption and production, etc.

You may also be interested in
New temp image
27 Jan. 2023

Changed opening hours at Skagaströnd and improved banking service in Blönduós

Landsbankinn’s opening hours in Skagaströnd will change as of 30 January. The outlet will after that be open on Mondays, Wednesdays and Fridays from 12-15.
Höfuðstöðvar Alvotech
23 Jan. 2023

Landsbankinn Corporate Finance advisor to Alvotech in private placement

Earlier today, Alvotech announced the completion of a private placement in the equivalent amount of ISK 19.5 billion (USD 137 million). The shares were sold at a purchase price of ISK 1,650 per share (equivalent of USD 11,57 per share) to a group of domestic professional investors and eligible counterparties. The private placement was initiated on 19 January 2023 and completed on 22 January 2023. Closing and settlement is expected to take place on 10 February 2023. Alvotech intends to use the proceeds for general operations and other business purposes. Landsbankinn Corporate Finance and ACRO Securities acted as advisors to Alvotech in the private placement.
New temp image
18 Jan. 2023

Changes to fixed rates on new housing mortgages

Fixed rates on new non-indexed 36-month housing mortgages increase by 0.25 percentage points (pp) and fixed rates on new non-indexed 60-month housing mortgages by 0.10 pp. The changes enter into effect as at 19 January. These changes apply to new housing mortgages only and do not impact existing loans.
13 Jan. 2023

Key information about pension savings

In Iceland, all wage earners aged 16 to 70 are obligated to pay a percentage of their wages toward mandatory pension savings.
Netöryggi
13 Jan. 2023

Be careful of social media fraud - never forward codes received in text messages

We want to warn our customers against cybercrime activity, especially attempts perpetrated through social media and messaging apps, which have been rampant of late.
Íslenska ánægjuvogin
13 Jan. 2023

Landsbankinn tops the Performance Satisfaction Index the fourth year in a row

Landsbankinn was ranked highest by banking customers in the Icelandic Performance Satisfaction Index 2022. This is the fourth year in a row that the Bank receives this recognition.
Landsbankinn
12 Jan. 2023

Long-term loan from NIB in connection with Landsbankinn’s new headquarters

Landsbankinn has signed an agreement with the Nordic Investment Bank (NIB) providing for a 15-year USD 40 million (ISK 5.8 billion) loan in connection with the Bank’s new headquarters at Austurbakki, Reykjavík. The building is expected to achieve BREEAM Excellent certification and the loan is eligible for funding from NIB’s environmental bond proceeds.
Þorbjörg Kristjánsdóttir og Einar Pétursson
11 Jan. 2023

Einar and Thorbjörg to Landsbankinn Corporate Finance

Einar Pétursson and Thorbjörg Kristjánsdóttir have joined Landsbankinn Corporate Finance.
Jólamynd
22 Dec. 2022

Holiday opening hours

Our branches will be closed on the second day of christmas, Monday 26 December. Otherwise we will be open as usual. Of course, the app and online banking are accessible anytime and anywhere.
Partnership for Biodiversity Accounting Financials
19 Dec. 2022

Landsbankinn member of PBAF

Landsbankinn has become a member of the Partnership for Biodiversity Accounting Financials (PBAF), an association working to enable financial institutions to assess and disclose impact and dependencies on biodiversity of loans and investments. In total 47 financial institutions around the world have joined PBAF, with Landsbankinn as the first Icelandic actor to join. PBAF is an affiliate of Partnership for Carbon Accounting Financials (PCAF) which created a methodology that enables financial institutions to measure and analyse emissions from their credit and asset portfolios.
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