4 March 2021 - Landsbankinn
The ISK appreciated in February against the currencies of all main trading partners. At the end of the month, the EUR/ISK stood at 152.9, compared to 156.1 at the end of January, the USD/ISK stood at 126.2, compared to 129.0 at the end of January.
Turnover in the FX interbank market in February was ISK 28.8 bn (EUR 186 m) and contracted by 11% between months. Of that amount, the CBI’s share was ISK 10.2 bn (EUR 66 m), representing 36% of total turnover.
In addition to its regular sale programme of EUR 3 m per business day, the CBI intervened in the market once in January, selling EUR 6 m on 2 February. The CBI has announced its intention of continuing its regular sale programme until the end of March.
You may also be interested in
19 Dec. 2024
The Landsbankinn calendar for 2025 is dedicated to water and its diverse roles in our lives. This year, the calendar features watercolor paintings by the artist Stefán "Mottan" Óli Baldursson.
19 Dec. 2024
Landsbankinn’s branches and Customer Service Centre will be closed on Christmas Eve Day, Christmas Day, Boxing Day and on New Year’s Day. On New Year’s Eve, the Bank is open until 12:00, which means that branches that generally open at 12:00 are closed that day. General opening hours apply on other days. The app and online banking are of course available anytime and anywhere.
6 Dec. 2024
In her address to the anniversary meeting of Háskólasjóður Eimskipafélag Íslands, Halla Tómasdóttir, the President of Iceland, spoke of the importance of higher education, innovation and research. Three recipients of grants from the Fund presented their doctoral theses.
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.