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Annual statements in online banking under "Statements"

Landsbankinn's customers can now access annual statements about their banking business in electronic format through online banking by clicking "Statements", selecting "Annual statements" and year. Information about accrued interest, capital income tax, annual interest etc. is available here in PDF or Excel format. The annual statements will replace end-of-year statements, previously available under "Electronic documents". Landsbankinn's General Terms and Conditions for the Opening and Use of Deposit Accounts have been amended to reflect this change. Note that customers are entitled to terminate deposit account agreements upon the amendment of the General Terms and Conditions.

The above change is part of efforts to reduce cost charged to customers. Further information about less expensive banking service is provided in Landsbankinn's summary of better banking (icelandic).

Customers who do not have access to online banking can request to receive annual statements by mail by visiting a local branch or calling the Bank's Customer Service Centre, tel. +354 410 4000. Requests may also be directed to info@landsbankinn.is.

It should be noted that the aforementioned information will, as hitherto, be submitted to the tax authorities. Icelandic taxpayers will receive this information early each year in an overview document that accompanies their tax return.

News and Notifications - 28 December 2017 04:48 PM

Landsbankinn's Funding Plan for 2018

Landsbankinn has published its schedule for market funding for the year 2018. Covered bond auctions are scheduled to be held once a month. The bank intends to issue covered bonds in the amount of ISK 35-40bn in 2018. The schedule assumes that the nominal value of outstanding covered bonds will be ISK 108-113bn by year-end. Auctions of commercial paper (CP) are scheduled to be held once a month.


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News and Notifications - 22 December 2017 01:29 PM

Opening hours over Christmas and the New Year

Landsbankinn's outlets and branches will be closed on Christmas Day 25 December, Boxing Day 26 December and New Years Day 1 January. Opening hours will be as usual on all other days over the holidays.


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Vikubyrjun/Weekly bulletin - 18 December 2017 10:50 AM

Icelandic Economic Weekly: Monday 18 December 2017

The MPC held rates unchanged on Wednesday. The Treasury refinanced part of its foreign debt by buying back outstanding EUR bonds for cancellation and issuing new EUR bonds in their place. GDP per capita in Iceland was 28% above the EU28 average in 2016.


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