7 December 2020
Last week's highlights
The Icelandic economy contracted by 10.4% year-on-year in Q3.
The current account deficit was ISK 1.2bn in Q3.
The CBI released the minutes of the MPC’s meeting on the policy rate decision 18 November.
The EUR fell by 3.2% and the USD 5.6% against the ISK in November.
The week ahead
On Wednesday, the Government Debt Management Agency releases its monthly Market Information report.
On Friday, the Icelandic Tourist Board will publish departures of foreign passengers from Keflavik International Airport for November.
Facts and figures
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15 July 2025
Ten entries received grants from the Pride Parade Fund of Reykjavík Pride and Landsbankinn this year. The Pride Parade, scheduled to be held on Saturday 9 August, is the pinnacle of Reykjavík Pride that this year celebrates its 23rd anniversary.
1 July 2025
Today, Tuesday 1 July 2025, the branches of TM and Landsbankinn in Selfoss move together under one roof in the Landsbankinn building at Austurvegur 20. Customers will be able to obtain both insurance and banking services in one place.
23 June 2025
On 19 June 2025, TM’s branch in the capital area moved to Landsbankinn’s headquarters at Reykjastræti 6 in central Reykjavík. The TM and Landsbankinn team are happy to welcome customers there.
4 June 2025
Fintech company YAY and Landsbankinn have come together to create a new company, Yayland ehf., which will specialise in the development, sale, issuance and operation of both digital and physical prepaid cards, gift certificates and loyalty cards. Yayland will take over the entire gift card operation of YAY in Iceland as well as all issuance and operation of prepaid cards for Landsbankinn.
3 June 2025
Landsbankinn awarded sixteen talented students with scholarships from the Bank’s Community Fund on 28 May. This was the 36th allocation of scholarships which amount in total to ISK 8 million. Over 450 applications were received this year.
26 May 2025
Holtaskóli has emerged as the winner of Skólahreysti 2025 and is the Skólahreysti champion! The exciting final competition between 12 schools took place before a packed auditorium at the sports hall Varmá in Mosfellsbær, Saturday 24 May.
23 May 2025
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on 3 June 2025.
16 May 2025
Landsbankinn Corporate Finance acted as an independent financial advisor to the Icelandic government and supervised the marketed public offering of the State’s remaining shareholding in Íslandsbanki, a sizeable and well-organised project that garnered significant attention from investors.
16 May 2025
Landsbankinn advertises for sale its buildings at Austurstræti 11 and Hafnarstræti 10, 12 and 14 in Reykjavík. The combined size of the buildings is 5,836 square metres, including 1,380 square metres of basement area. The buildings will be sold as one lot.
28 April 2025
S&P Global Ratings has today announced an upgrade of Landsbankinn’s long-term credit rating from BBB+ to A-. This is the highest the Bank’s credit rating has been since 2014, when S&P started issuing ratings for the Bank.