7 June 2021 - Landsbankinn
Last week’s highlights
- GDP decreased by 1.7% YoY in Q1.
- The current account deficit was ISK 27.1 bn in Q1.
- The CBI released the minutes of the MPC’s meeting on the policy rate decision 19 May.
- S&P Global Ratings upgraded its credit rating for Landsvirkjun.
The week ahead
- On Wednesday, the Government Debt Management Agency releases its monthly Market Information report.
- On Thursday, the Icelandic Tourist Board publishes departures from Keflavík International Airport and the Directorate of Labour releases unemployment numbers.
Market and economic overview
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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.
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.