Disrupti­ons to self-service soluti­ons this even­ing

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.

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

Guðmundur Már Thórsson and Júlíus Fjeldsted are new members of Landsbankinn’s Corporate Finance team.

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

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. 

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.

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

Landsbankinn awarded fifteen student scholarships from the Bank’s Community Fund on 15 June. Scholarships were awarded for the 33rd time in the total amount of ISK 6 million. Just over 300 applications were received this year.

Fixed rates on new non-indexed 36-month housing mortgages increase by 0.50 percentage points (pp) and fixed rates on new non-indexed 60-month housing mortgages by 0.45 pp. Fixed rates on new 60-month inflation-indexed mortgages decrease by 0.30 pp.

Landsbankinn now offers electronic public registration of refinanced mortgages, first among the domestic banks. Work is under way to allow for electronic registration of all housing mortgage documents.