20 June 2019
In real terms, the economy grew by 1.7% YOY in Q1. Domestic demand decreased by 2.8%, exports increased by 2.6% and imports decreased by 8.1%. The contribution of net foreign trade to GDP growth was positive by 4.4%. The current account surplus was ISK 35.1bn (1.2% of GDP) in Q1 2019 compared to an ISK 6.7bn (0.2% of GDP) surplus in Q1 2018. The increase was mainly due to exports of old fishing vessels and airplanes (WOW air sold 4 jets to Air Canada in January). The surplus excluding ships and airplanes was ISK 12.5bn (0.4% of GDP).
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18 Oct. 2024
Due to maintenance, credit assessment will not be available in the Landsbankinn app and online banking from 17:00 on Friday 18 October until 10:00 on Saturday 19 October.
15 Oct. 2024
Landsbankinn Economic Research forecasts a near status quo in the economy between years and a 0.1% contraction in GDP in 2024.
4 Oct. 2024
Landsbankinn announce changes to deposit and lending rates effective as of Wednesday 9 October 2024. The main changes are as follows:
1 Oct. 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.
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).