28 November 2023
Hömlur fyrirtæki ehf., a subsidiary of Landsbankinn, offers for sale the Bank’s 35% shareholding in hotel franchise Keahótel ehf. The sale process will be in accordance with the Bank’s Policy on the Sale of Assets and is open to all investors who qualify to participate, i.e. meet eligibility requirements on financial standing.
Keahótel is one of the largest hotel chains in Iceland. It incorporates ten hotels with 940 rooms and locations in Reykjavík, Akureyri, Grímsnes, Vík and Siglufjörður. Landsbankinn acquired a 35% share in the hotel franchise following financial restructuring of the company in 2020.
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4 Dec. 2024
We would like to draw attention to the fact that individuals with active arrangements for allocating supplementary pension savings towards the principal of their mortgage do not need to reapply for a continuation as the arrangement will automatically renew at the end of the year.
4 Dec. 2024
Grand Master Helgi Áss Grétarsson came, saw and conquered at Landsbankinn’s Friðriksmót, the Icelandic rapid chess tournament, held at the Bank’s headquarters at Reykjastræti on 1 December.
29 Nov. 2024
The lights on the Hamburg Christmas tree will be lit at 17:00 on 30 November during a festive ceremony and to the accompaniment of merry music, courtesy of the Hafnarfjörður Brass Band.
22 Nov. 2024
Landsbankinn has made changes to the maximum loan term for new inflation-indexed mortgages and the loan-to-value (LTV) ratios for both indexed and non-indexed mortgages.
22 Nov. 2024
Landsbankinn changes deposit and lending rates and the new interest rate tariff enters into effect on Monday 2 December 2024. The main changes are as follows:
18 Nov. 2024
As in previous years, Landsbankinn has made a donation to a good cause in the name of all Exceptional Companies recognised by Creditinfo. This year, the donation of ISK 4 million goes to Krýsuvíkursamtökin.
14 Nov. 2024
Landsbankinn hf., Bál ehf. and Solvent ehf., as the owners of all share capital in Greiðslumiðlun Íslands ehf. (GMÍ), have decided to offer their shares for sale in an open sale process.
12 Nov. 2024
S&P Global Ratings has today affirmed Landsbankinn’s credit rating and revised the outlook from stable to positive. The Bank’s credit rating is now BBB+/A-2 with positive outlook.
11 Nov. 2024
Today, 11 November, 60 years have passed from the founding of scholarship fund Háskólasjóður hf. Eimskipafélags Íslands. The Fund was created in memory of Icelandic emigrants to the USA and Canada who participated in the establishment of shipping company Eimskipafélagið.
11 Nov. 2024
The monthly newsletter from Landsbankinn Economic Research is now also available in English. The newsletter provides an in-depth analysis of all main facets of the economy, the development of statistics and indicators in the previous month and a forward-looking economic prognosis. This publication is a fantastic insight and aid to understanding of the Icelandic economy.