News

Named best bank in Ice­land by Euromo­ney, third year in a row 

The international financial magazine Euromoney has named Landsbankinn the best bank in Iceland for the third year running. Euromoney points to Landsbankinn’s efficiency and profitability, and its lead in the mortgage lending market.  
15 July 2021

Each year, Euromoney selects the best banks around the world, granting them recognition with its Award for Excellence. The selection process has regard for various aspects of the banks’ operation and strategy, including performance and profitability, innovation and service.  

According to Euromoney, Landsbankinn secures the 2021 Award for Excellence as it continues to be the domestic leader, not just in terms of the size of its balance sheet, loan book and mortgage market share but also by profit and interest income. Landsbankinn’s cost/income ratio was 47.4% in 2020 and its return on equity 8.6% during the period of these awards, i.e. Q2 2020 up to and including Q1 2021. Euromoney also mentions the Bank’s successful digital development and that it was the first Icelandic bank to receive a credit rating for its domestic covered bonds. Landsbankinn also published its first sustainable finance framework and concluded the sale of its first green bond.  

Lilja Björk Einarsdóttir, CEO of Landsbankinn: “We are focused on making life simpler for our customers, on offering competitive terms and ensuring the continued sound operation of the Bank. Securing Euromoney’s Award for Excellence for the third year in a row is a satisfying recognition of the success of this strategy. While the award is important, it is no less important to see and feel the increasing satisfaction of our customers in our dealings with them, and have this confirmed through polls and surveys. Our customer base is expanding, with new customers moving to Landsbankinn based on our reputation for better service. The best terms on non-indexed mortgage loans are also a selling point.” 

You may also be interested in
New temp image
29 July 2022

Beware of fraud – do not approve payments and log-ins without due consideration

We would like to issue a warning about fraudulent behaviour that has taken place under name of Landsbankinn, and remind you that a transfer of funds should never be approved unless you really intend to transfer funds.
Gleðigangan
29 July 2022

Allocations from the Pride Parade Fund of Reykjavík Pride and Landsbankinn

Twelve associations and events received allocations from the Pride Parade Fund of Reykjavík Pride and Landsbankinn for the 2022 Pride Parade. Reykjavík Pride begins on Tuesday the 2nd of August, and the main event is the Pride Parade on Saturday, August 6th.
8 July 2022

More ways to utilise banking services

We now allow third party service providers to display information about our customers’ payment accounts in their own apps, provided the customer has given consent.
New temp image
29 June 2022

Landsbankinn changes interest rates

Variable interest rates on non-indexed housing mortgages increase by 0.85 percentage points (pp), to 6.25%. Fixed rates on new, non-indexed housing mortgages increase by 0.20-0.35 pp. Fixed rates on new, inflation-indexed housing mortgages increase by 0.20 percentage points (pp) while variable rates on inflation-indexed housing mortgages remain unchanged.
29 June 2022

New Head of Landsbankinn’s Customer Service Centre

Gróa Helga Eggertsdóttir has been hired as Head of Landsbankinn’s Customer Service Centre.
28 June 2022

New personnel in Corporate Finance

Guðmundur Már Thórsson and Júlíus Fjeldsted are new members of Landsbankinn’s Corporate Finance team.
Kristín Rut Einarsdóttir
27 June 2022

New Branch Manager in Hafnarfjörður

Kristín Rut Einarsdóttir has been appointed Branch Manager of Landsbankinn’s Hafnarfjörður branch.
23 June 2022

Congratulations to Alvotech for listing on First North Iceland

Following the listing of Alvotech’s shares on Nasdaq New York last week, the company has now also been listed on the Nasdaq First North Iceland Growth Market. 
New temp image
21 June 2022

Varied projects linked to the energy transition awarded sustainability grants

Six interesting projects have been awarded grants from Landsbankinn’s Sustainability Fund in the total amount of ISK 10 million. This is the initial allocation from the Fund.
16 June 2022

Successful listing of Alvotech on Nasdaq New York

Shares in Alvotech were admitted to trading on Nasdaq New York on 16 June.
Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies