News and notifications

- Hagsjá/Economic Forecast

Overview of the Icelandic FX market

Having hovered between 120 and 125 since the end of September, the EUR/ISK cross finally breached the 125 barrier at the beginning of the year and stood at 125.4 at EOB yesterday.

Icelandic FX market - January 2018

News and Notifications - 23 February 2018 11:00 AM

Arkþing and C.F. Møller chosen to design Landsbankinn building

Landsbankinn has decided to partner with Arkþing ehf. and C.F. Møller on the design and development of new facilities for the Bank at Austurhöfn in Reykjavík. Seven architect teams were in October 2017 selected to submit initial proposals for the building and in January 2018, the Bank received proposals from six of the teams under anonymity.


More

Vikubyrjun/Weekly bulletin - 19 February 2018 10:54 AM

Icelandic Economic Weekly: Monday 19 February 2018

The three large commercial banks, Landsbankinn, Arion Bank and Íslandsbanki released financial results for 2017. Arion Bank hf. agreed to a buyback of 9.5% of issued shares in the bank. Landsvirkjun released financial results for 2017. Registered unemployment was 2.4% in January.


More

News and Notifications - 15 February 2018 04:05 PM

Financial results of Landsbankinn for 2017

Landsbankinn's after-tax profit in 2017 was ISK 19.8 billion. Return on equity (ROE) was 8.2% in 2017, as compared to 6.6% in 2016. The cost-income ratio decreased between years and was 46.1% in 2017.


More