1 October 2024
Landsbankinn has finalised the sale of 5Y green bonds in the amount of EUR 300 million. This is the Bank’s fifth green bond issuance in euros. The bonds bear 3.75% fixed rates and were sold at terms equivalent to a 155 basis point spread above mid-swap market rates.
Subscriptions came to just over one billion euro from over 100 investors from the UK, the Nordics, mainland Europe and Asia.
The bonds will be issued under Landsbankinn’s EMTN programme with reference to its Sustainable Finance Framework, which has been verified by Sustainalytics. The aim is to list the bonds on Euronext Dublin as of 8 October 2024.
Managers were ABN AMRO Bank, J.P. Morgan, Natixis and Nomura.
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Landsbankinn announce changes to deposit and lending rates effective as of Wednesday 9 October 2024. The main changes are as follows:
26 Sept. 2024
The Financial Supervisory Authority (FSA) of the Central Bank of Iceland has published the results of its assessment, finding that Landsbankinn is eligible to control a qualifying holding in TM tryggingar hf. (TM).
26 Sept. 2024
We are hosting a morning meeting to mark the publication of a new economic forecast by Landsbankinn in Harpa on Tuesday, 15 October.
23 Sept. 2024
Today, Landsbankinn changes deposit and lending rates. The Bank also makes changes to the availability of inflation-indexed housing mortgages.
20 Sept. 2024
Kacper Skóra and Guilherma Baía Roque received encouragement grants from the Hvatasjóður fund of Reykjavík University (RU) and Landsbankinn in 2024.
10 Sept. 2024
In the past couple of days, Landsbankinn has been informed of fraudsters calling people in Iceland and attempting to defraud them of funds using various tricks.
5 Sept. 2024
Landsbankinn hosted its third Sustainability Forum on Wednesday 4 September. All the presentations engaged the audience, and the Forum was very well attended. Recordings from the Forum and abstracts from the presentations are now available on the Bank’s website (in Icelandic).
3 Sept. 2024
Landsbankinn’s Sustainability Forum will take place on Thursday, 4 September, at 9:00-11:30 in Gróska, Bjargargata 1.
27 August 2024
Landsbankinn has launched a gallery website that aims to promote access to the Bank’s art collection by boosting access. This initial version of the website focuses on the pieces housed at the Bank’s headquarters at Reykjastræti 6.
26 August 2024
Elvar Thór Karlsson has been hired as Head of Landsbankinn Corporate Finance. He takes up the position this winter.