22 March 2021 - Landsbankinn
Last week’s highlights
- The housing price index for the capital region increased by 0.6% MoM in February, bringing the YoY increase to 7.3%.
- Statistics Iceland released its monthly Tourism short-term indicators.
- The total catch of Icelandic vessels was just over 76 thousand tonnes in February.
The week ahead
- We expect the MPC to hold policy rates unchanged on Wednesday.
- On Thursday, Statistics Iceland will release CPI numbers for March. We expect a 0.45% increase between months and the headline inflation to increase from 4.1% to 4.3%.
Markets and economic overview
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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.
16 April 2025
Landsbankinn’s branches and service centres will as usual be closed over Easter and open again on Tuesday, 22 April.