Icelandic Economic Weekly: 15 Febru­ary 2021

An open presentation of the public offering of shares in Síldarvinnslan, held in Harpan on Thursday, 6 May, was very successful. The meeting was open to the public and attended by a large audience, both physically and live online.

The CPI based on prices in mid-April increased by 0.71% month-on-month, bringing the headline inflation to 4.6%.

As a result of an error at SaltPay (previously Borgun), transactions with Visa payment cards made on Thursday 22 April were duplicated.

Last week the IMF released Staff Concluding Statement of its recent Article IV Mission and the government introduced stricter border measures.

Last week the CBI released its bi-annual Financial Stability report and the statement of the Financial Stability Committee.

We will reopen Landsbankinn's branches as soon as changes to restrictions on gatherings enter into force on Thursday, 15 April. Please continue to make appointments to visit us, to help us uphold the 2-metre distance rule and ensure that we respect the 20 persons rule. By making an appointment, you also avoid unnecessary waiting.

During the period 16-18 April, Arion Bank in collaboration with the Icelandic Banks' Data Centre (RB), will implement a new deposit and payment system. During the implementation process, there will be some disruption to Arion Bank’s services, such as that information about transfers to accounts with Arion Bank will not appear immediately on its customers’ statements.

At the end of March, the EUR/ISK stood at 148.2, compared to 152.9 at the end of February, and the exchange rate index decreased (the króna strengthened) by 1.8%. The CBI will reduce its regular currency sales as of the beginning of April.

The Minister of Health issued amended rules at the borders on testing and quarantine.

The Minister of Health issued amended rules at the borders on testing and quarantine.