Lands­bankinn changes fixed rates on non-in­dexed hous­ing mort­gages

Landsbankinn hosts a series of information sharing sessions titled Financial Forums and yesterday, 29 November 2023, we hosted our first such session in Polish for our Polish-speaking customers. The event was a success, was well attended and participants were active and engaged, jumping in with questions about mortgages, different credit cards and supplementary pension savings.

The Forum - Umræðan - Landsbankinn’s content and news site, is now also available in English. We want to contribute to the availability of quality information on finance, pension savings, the economy, cyber security and other current affairs.

Ísfélag, the oldest operating limited-liability company in Iceland, has published a prospectus for the public offer and intended listing of its shares on the Nasdaq Iceland Main Market. The company is a leaded in fishing and processing of quality pelagic and demersal products. Listing of Ísfélag’s shares on the Main Market affords interested investors the opportunity to participate in the company’s growth and support further advancement.

Landsbankinn’s shareholding in hotel franchise Keahótel ehf. is now for sale. The sale process will be in accordance with Landsbankinn’s Policy for the Sale of Assets.

S&P Global Ratings has today announced that Landsbankinn’s covered bond rating has been raised. The rating uplift is one notch resulting in a rating of A+ with stable outlook.

Landsbankinn invites to an open information session about savings, pension, mortgages and cybersecurity on Wednesday, 29 November 2023 at 18:00-19:00. The event will be held in the facilities of Íþróttafélagið Leiknir in Breiðholt, Austurberg 1, 111 Reykjavík. The session will be hosted in Polish.

In response to the uncertainty and natural disaster that has befallen Grindavík, Landsbankinn, Arion Bank and Íslandsbanki, working with the Icelandic Financial Services Association (SFF), have concluded an agreement to cancel interest and indexation on housing mortgages held by inhabitants of Grindavík for a period of three months. An agreement to this effect was announced yesterday evening, 22 November.

Due to maintenance work certain of Landsbankinn’s services will be unavailable Wednesday night through to Thursday morning, from 1:00 to 4:00 on 23 November.

It is hard to imagine the uncertainty the people of Grindavík are currently living with. All of us at Landsbankinn are holding Grindavík in our thoughts. We are proud of our Grindavík branch and thankful for our many long-standing and valued customers in the community, both individuals and companies.

Due to maintenance work certain of Landsbankinn’s services will be unavailable Saturday night through to Sunday morning, from 2:00 to 9:00 on 19 November.