News and notifications

- Vikubyrjun/Weekly bulletin

Icelandic Economic Weekly: Monday 5 February 2018

Last week's highlights

The CPI decreased 0.09% MoM in January. This was less than the 0.5% decrease we had expected.

The trade deficit of goods was 178 B.ISK last year.

The ECB again quotes a reference rate for the Icelandic króna.

The week ahead

We expect the MPC to hold policy rates unchanged on Wednesday.

Concurrent with the interest rate decision, the CBI will publish its quarterly Monetary Bulletin.

Markets 5 February 2018

Macro Overview 5 February 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.


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.


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.