29. November 2018 - News and Notifications
Landsbankinn hf. has sold a 9.2% shareholding in Eyrir Invest hf. in an open sale process. The deadline to submit offers expired at 12 noon on Wednesday 28 November.
Landsbankinn advertised the open sale process of up to 12.1% of its shareholding in investment company Eyrir Invest hf. on 6 November 2018. Prior to the sale process, the Bank held 22% of shares in the company. The sale process was conducted in accordance with Landsbankinn's policy on sale of assets and was open to all potential buyers who are considered eligible investors as defined by Point 9 of Article 43 of Act No. 108/2007, on Securities Transactions. The minimum offer price in the sale process was ISK 41.90 per share in Eyrir Invest.
Landsbankinn accepted four out of five offers for a total of 91,509,035 shares in Eyrir Invest. All shares were sold at the same rate of ISK 42.845 per share. The offer that did not meet the reference rate was rejected. The selling price of the shareholding amounts to ISK 3.9 billion.
News and Notifications - 07 February 2019 04:05 PM
Landsbankinn's after-tax profit in 2018 was ISK 19.3 bn. Return on equity (ROE) was 8.2% in 2018, the same as in 2017. The cost-income ratio decreased between years and was 45.5% in 2018.
News and Notifications - 07 February 2019 04:24 PM
Landsbankinn has published its risk and capital management report for 2018. The report discloses all aspects of risk governance within the Bank and is intended to provide analysts with information about the Bank's risk and capital management, as well as its equity and liquidity positions.
News and Notifications - 07 February 2019 04:16 PM
Landsbankinn's Annual Report for 2018 is now available on the Bank's website. The Annual Report is published in electronic form only. The Annual Report provides an accessible overview of highlights in the Bank's operation in 2018.More
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
Swift/BIC: NBIIISRE Rules Legal notice Personal Data Protection Policy