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

Iceland­ic Eco­nom­ic Weekly: 12 Oc­to­ber 2020

Last week's highlights and the week ahead.
12 October 2020

Last week's highlights

The MPC held policy rates unchanged.

Icelandair released traffic data for September.

A total of 10,000 foreign visitors travelled through Keflavik International Airport in September, a 94.5% decrease YoY.

The GDM published its monthly Market Information report.

The week ahead

On Tuesday, the Directorate of Labour will release unemployment numbers for September.

Facts and figures

Markets 12 October 2020

Macro Overview 12 October 2020

You may also be interested in
Austurbakki
5 Feb. 2026
Landsbankinn Corporate Finance advisor in Styrkás’ acquisition of Gallon
Styrkás hf., through its subsidiary Skeljungur ehf., has signed a purchase agreement providing for the acquisition of all share capital in Gallon ehf. The seller is Skel fjárfestingafélag hf.
Netsvik
29 Jan. 2026
Phishing emails in Landsbankinn’s name
Landsbankinn wishes to warn about fraudulent emails currently in circulation, spoofing the Bank’s name and image. The content of the emails is a false notification claiming that the recipient must click a link in the email to confirm a transfer.
Netbanki fyrirtækja
16 Jan. 2026
Changed amounts in Central Bank’s interbank system
The Central Bank of Iceland has decided to change the maximum amount limit in its interbank system.
14 Jan. 2026
TM new Aukakrónur partner
We are happy to announce that TM has joined our Aukakrónur partnership. Everyone who is insured with TM gets a 1% refund in the form of Aukakrónur when paying with a card linked to the Aukakrónur system. You can also use your Aukakrónur to pay for insurance.
7 Jan. 2026
Landsbankinn partners with the Drift EA
Landsbankinn and Drift EA have entered into a partnership agreement aimed at supporting innovation and entrepreneurship in Iceland by strengthening the framework, advisory services and networks available to entrepreneurs and startups.
Ásta Sóllilja Guðmundsdóttir, framkvæmdastjóri KLAK og Hjalti Harðarson, forstöðumaður markaðsmála hjá Landsbankanum
5 Jan. 2026
Landsbankinn remains principal sponsor of Gulleggið
KLAK – Icelandic Startups and Landsbankinn have renewed their partnership for innovation competition Gulleggið with the signing of a new three-year agreement. With this agreement, Landsbankinn further strengthens its role as the competition’s main sponsor and underscores its long-standing support for Icelandic innovation.
Jólakveðja
19 Dec. 2025
Opening hours over Christmas and the New Year
Landsbankinn’s Customer Service Centre and branches will be closed on Christmas Eve Day, Christmas Day, Boxing Day and on New Year’s Day. On New Year’s Eve, branches will be closed but the Customer Service Centre open between 9-12:00.
Samfélagsstyrkir 2025
12 Dec. 2025
Landsbankinn’s Community Fund awards grants to 32 initiatives
Community grants in the total amount of ISK 20 million were awarded from Landsbankinn’s Community Fund Monday 8 December 2025. A total of 32 initiatives received financial support this year. The projects are varied and benefit people of all ages and throughout Iceland.
10 Dec. 2025
Jóhann Hjartarson is Icelandic Rapid Chess Champion
Grandmaster Jóhann Hjartarson was the clear winner at Landsbankinn’s Friðriksmót, the Icelandic rapid chess tournament, held at the Bank’s headquarters at Reykjastræti 6 on 7 December 2025. Jóhann was unstoppable and won with a score of 11½ out of 13, an incredible margin in a strong and exciting tournament.
Netsvik
4 Dec. 2025
Cybersecurity game played 25,500 times
In early November, Landsbankinn launched its first ever online game, designed to heighten awareness of and knowledge about cybersecurity. By using an interactive media such as the game form, players were made active participants in their own security.