Subsidiaries

Subsidiaries

Subsidiaries are companies in which Landsbankinn’s holdings exceed 50%. The main subsidiaries are:

Landsbréf hf.

  • Reg. No. 691208-0520
  • Borgartún 33, 105 Reykjavík
  • Management company for Landsbankinn's own funds

Hömlur ehf.

  • Reg. No. 630109-0940
  • Austurstræti 11, 101 Reykjavík

Affiliates

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.