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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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.
11 Nov. 2024
The monthly newsletter from Landsbankinn Economic Research is now also available in English. The newsletter provides an in-depth analysis of all main facets of the economy, the development of statistics and indicators in the previous month and a forward-looking economic prognosis. This publication is a fantastic insight and aid to understanding of the Icelandic economy.
8 Nov. 2024
Landsbankinn’s web chat is now available in our app and offers a direct channel to the Customer Service Centre and our chatbot. This is one of many new features in the app which is under constant development.
29 Oct. 2024
Over the coming weeks, Landsbankinn will host a number of Financial Forums around Iceland, focusing on pension and cyber security issues. In this series, we plan to visit Reykjanesbær, Akureyri, Selfoss and Reyðarfjörður.
28 Oct. 2024
We regularly advertise special offers for customers, in collaboration with our partners. In some cases, customers may not receive information about such offers or benefits because they have declined to receive notifications from the Bank. It’s easy to change this choice in Landsbankinn’s app or online banking.
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.