28. May 2018 - News and Notifications
As of June, new opening hours will apply to several Landsbankinn branches. At the same time, changes will be made to Landsbankinn's branch at Hagatorg in Reykjavík. These changes are in response to developments in banking services, towards ever-increasing use of digital solutions by customers and declining branch visits.
Landsbankinn places a great deal of emphasis on electronic services. In recent weeks and months, Landsbankinn has introduced several new digital service solutions, including the Landsbankinn App. The Bank had previously offered customers the opportunity to adjust their overdraft manually through online banking, apply for payment equalisation for their credit cards and complete a credit assessment for housing loans online. More new features will de introduced in the near future. Reception of these solutions has exceeded all expectations - customers clearly appreciate the opportunity to tend to their banking business via computer or mobile device, anywhere and anytime it suits them. Technical advances in recent years have caused a decline in the frequency of customer visits to branches and various aspects of banking require fewer employees than before. It is nonetheless important to Landsbankinn to maintain a robust network of branches and it currently operates 37 branches and outlets throughout Iceland.
The changes will be implemented during the period 11-29 June and more detailed information will be provided by the relevant branch or outlet.
Concurrent to these changes, the Bank's Hagatorg branch will become an outlet from the Austurstræti 11 branch. Back office work will no longer take place at Hagatorg and back office positions at headquarters will be reduced. There will as a result be fewer employees at Hagatorg, yet customers should not notice any great change in services offered.
News and Notifications - 07 August 2018 12:11 PM
Landsbankinn has adopted a new Data Protection Policy and updated its General Terms and Conditions. Landsbankinn's Personal Data Protection Policy contains detailed information on when, how and for what purpose the Bank processes personal data, and in addition how the Bank ensures the security of the data.
News and Notifications - 26 July 2018 04:14 PM
In the first half of 2018, Landsbankinn’s net after-tax profit was ISK 11.6 billion as compared with an ISK 12.7 billion profit for the same period in 2017.
Hagsjá/Economic Forecast - 25 July 2018 02:11 PM
The last month or so, the euro has stayed close to ISK 125. While the price of a euro has exceeded ISK 125 a few times (peaked at ISK 126.5 on 21 June), it has always fallen back below ISK 125. After rather little turnover on the interbank market for foreign exchange during the first 5 months of the year, turnover increased significantly in June.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
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