12 November 2024
S&P’s announcement states that the positive outlook reflects potential uplift for additional loss-absorbing capacity (ALAC) in the Bank’s credit rating if it continues its issuance of ALAC-eligible debt beyond S&P’s threshold of 4% of risk-weighted assets, as calculated in accordance with S&P’s methodology.
Among the grounds for its decision, S&P notes that Landsbankinn was the first Icelandic bank to issue senior-non preferred bond, demonstrating sound market access and investor appetite for the issuance.
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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.
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.
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.