A Leading Icelandic Financial Institution

Landsbankinn is a leading Icelandic financial institution. Landsbankinn offers a full range of financial services and is the market leader in the Icelandic financial service sector with the largest branch network.

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Advisory opinion of the EFTA Court on the inflation indexing provision of a bond

Today the EFTA Court handed down its advisory opinion on the interpretation of provisions in Directive 87/102/EEC, on Consumer Credit, and Directive 93/13/EEC, on Unfair Terms in Consumer Contracts. The case centres on the legality of the inflation indexation provision in a bond issued to the Bank in 2008.

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