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
You may also be interested in
8 June 2021
Beware smishing attempts
This is to warn against smishing attempts sent in Landsbankinn’s name.
7 June 2021
ISK appreciated in May
The Icelandic króna appreciated against the currencies of our main trading partners in May and has not been that strong since Mars 2020. Turnover in the interbank foreign exchange market was ISK 35.5bn in May. The CBI's share of this was ISK 2.1 bn, or 5.8% of total turnover.
2 June 2021
New investment fund, emphasising sustainability
Eignadreifing sjálfbær is a new investment fund of Landsbréf, a subsidiary of Landsbankinn. The fund's objective is to achieve a good rate of return and risk diversification, guided by sustainability.
31 May 2021
Ceases employment at Landsbankinn
Perla Ösp Ásgeirsdóttir, Managing Director of Risk Management at Landsbankinn, has resigned her position with the Bank and ceased employment.
31 May 2021
Icelandic Economic Weekly: 31 May 2021
The annual rate of inflation decreased from 4.6% to 4.4% in May.
31 May 2021
Landsbankinn changes interest rates - fixed rates on housing mortgages unchanged
Variable interest rates on non-indexed housing mortgages increase by 0.15 percentage points (pp). Fixed rates on non-indexed housing mortgages are unchanged. Interest rates on inflation-indexed housing mortgages, both variable and fixed, are also unchanged.
25 May 2021
Landsbankinn partners with Goldman Sachs
Landsbankinn's Asset Management has partnered with international investment bank Goldman Sachs. As a result, Landsbankinn’s customers can now invest in investment funds offered by Goldman Sachs Asset Management.
25 May 2021
Icelandic Economic Weekly: 25 May 2021
Last week, Landsbankinn Economic Research published an economic forecast for 2021-2023.
25 May 2021
Landsbankinn receives top marks from Sustainalytics
Landsbankinn achieved its best rating yet in a new ESG risk rating from Sustainalytics and now ranks no. 1 of the 423 banks the company assesses in Europe.