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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6 April 2021
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The Minister of Health issued amended rules at the borders on testing and quarantine.
29 March 2021
Icelandic Economic Weekly: 29 March 2021
Last week the MPC held policy rates unchanged, in line with our expectations. The CPI increased by 0.49% between months bringing the year on year change to 4.3%.
24 March 2021
We find solutions over the phone or online
Landsbankinn’s services will change as of 25 March to reflect tighter restrictions on gatherings enacted to slow the spread of Covid-19. We encourage customers to use Landsbankinn’s app, online banking and ATMs as much as possible. A great deal of banking business can be tended to through these channels, simply and quickly.
15 March 2021
Icelandic Economic Weekly: 15 March 2021
Last week the Icelandic Tourist Board published departures from Keflavík International Airport and Icelandair published traffic data.
8 March 2021
Icelandic Economic Weekly: 8 March 2021
The current account surplus was ISK 22.1bn in Q4 2020.
4 March 2021
ISK appreciated in February
At the end of February, the EUR/ISK stood at 152.9, compared to 156.1 at the end of January, appreciating during the month. Both turnover and fluctuation was similar as in January. The CBI continued its regular programme of currency sales.
1 March 2021
Icelandic Economic Weekly: 1 March 2021
The Icelandic economy contracted by 6.6% between years in 2020.
22 Feb. 2021
Icelandic Economic Weekly: 22 February 2021
The CBI released the minutes of the MPC’s meeting on the policy rate decision 3 February. Landsbankinn concluded the sale of a new green euro-denominated bond series. Landsvirkjun published financial statements for 2020.
17 Feb. 2021
Landsbankinn carbon-offsets its operation
Landsbankinn has carbon-offset its 2020 activity and achieved CarbonNeutral® company certification.
17 Feb. 2021
Landsbankinn in Djúpivogur moves
Landsbankinn’s service outlet in Djúpivogur has been moved to the shopping and service centre at Búland 1, where Kjörbúðin, Íslandspóstur and Vínbúðin are located. The Bank’s opening hours are unchanged and the ATM will be accessible during Kjörbúðin’s opening hours.