Subsidiaries are companies in which Landsbankinn’s holdings exceed 50%. The main subsidiaries are:
Affiliates are companies in which Landsbankinn has made a long-term investment and in which it owns a considerable share, although no more than 50%. Holdings in affiliates are recognised in
accordance with the Bank’s share in their equity capital and its share in their profit or loss in the same manner. Dividends paid are entered against the Bank’s holding in the company in question.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
Swift: NBIIISRE Rules Legal Notice