News and notifications

- Vikubyrjun/Weekly bulletin

Icelandic Economic Weekly: Monday 12 February 2018

Last week's highlights

As expected, the MPC held policy rates unchanged on Wednesday.

Concurrently the CBI published its quarterly Monetary Bulletin.

The real exchange rate of the Icelandic króna decreased by 1% between months in January.

The GDM released its monthly Market Information report.

The week ahead

Earnings season is underway with the three large commercial banks, e.g. Arion Bank, Íslandsbanki and Landsbankinn, and four out of sixteen companies on the Icelandic stock exchange, e.g. Reitir, Reginn, Sjóvá and TM, reporting this week.

Markets 12 February 2018

Macro Overview 12 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.


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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.


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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.


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