News

Lands­bank­inn build­ing in Sel­foss sold to Sig­tún Develop­ment

Landsbankinn has accepted the offer of Sigtún Development for the Landsbankinn building in Selfoss, signing a purchase contract today. Four offers were submitted for the building, with Sigtún’s offer being of the highest value.
27 November 2020 - Landsbankinn

The Landsbankinn building in Selfoss was constructed in 1949-1953, following blueprints by Guðjón Samúelsson. The Bank had previously operated out of Tryggvaskáli and Austurvegur 21. The building was put up for sale at the end of October. Four offers were submitted; one was later retracted. The sale price is ISK 352 million. Landsbankinn will rent part of the building for its Selfoss branch until its operation is relocated.

Lilja Björk Einarsdóttir, CEO of Landsbankinn: “The Landsbankinn building in Selfoss is a beautiful house, full of character, and tightly linked to the Bank’s history. Due to changes to banking services, the building is now too large for our operation and it is time for the Bank to relocate to new, more suitable quarters. Sigtún Development is working to shape and build a new town centre in Selfoss and will undoubtedly find an exciting new role for the building.

Leó Árnason, Director of the Board of Sigtún Development: “This purchase is part of our endeavour to redevelop Selfoss and is a testament to our belief in the town’s future potential. The building is an intricate part of Selfoss’ history and image, and a valuable cultural asset. Sigtún Development is cognisant of its preservation value and will emphasise maintaining its dignity for future generations and that its doors will remain open to the people of Selfoss and their guests.”

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