Over­view of the Iceland­ic FX market

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.

Landsbankinn Economic Research forecasts a near status quo in the economy between years and a 0.1% contraction in GDP in 2024.

Landsbankinn announce changes to deposit and lending rates effective as of Wednesday 9 October 2024. The main changes are as follows:

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.

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).

We are hosting a morning meeting to mark the publication of a new economic forecast by Landsbankinn in Harpa on Tuesday, 15 October.

Today, Landsbankinn changes deposit and lending rates. The Bank also makes changes to the availability of inflation-indexed housing mortgages.

Kacper Skóra and Guilherma Baía Roque received encouragement grants from the Hvatasjóður fund of Reykjavík University (RU) and Landsbankinn in 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.

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).