31. May 2018 - News and Notifications
The pace of economic growth in Iceland will slow alongside an adjustment period in the travel industry. Even so, conditions do not necessitate an adjustment or landing of the economy. The inflation outlook for coming years is good, the ISK exchange rate looks to be stable and despite of some boom indications in private consumption, its growth remains within reason. Various uncertainty factors may, however, have a significant impact. These are among the highlights of the macroeconomic and inflation forecast of Landsbankinn Economic Research, looking forward until the year 2020.
Landsbankinn Economic Research publishes an in-depth macroeconomic and inflation forecast for the coming three years in fall and reviews its forecast in May of each year. The reviewed forecast states that economic conditions in Iceland are in most respects very good. Economic growth has been strong and inflation low. The general inflation outlook is positive, with tension likely to subside as economic activity increasingly trends towards long-term sustainability. Household, corporate and sovereign debt, as well as the indebtedness of the entire national economy, is currently at optimal levels despite considerable economic expansion in recent years.
Read Landsbankinn’s macroeconomic and inflation forecast on Umræðan (in Icelandic)
News and Notifications - 19 June 2018 12:42 PM
All Landsbankinn branches will close at 14:00 on Friday because of Iceland’s match against Nigeria at the FIFA World Cup in Russia. Customer service centre will close at the same time. Online banking and Landsbankinn’s app are of course available 24/7.
News and Notifications - 19 June 2018 08:53 AM
Landsbankinn's tariff has been amended to reflect changes in foreign exchange transactions. Most of the changes enter into effect today, 19 June, while others become effective on 20 August. Landsbankinn’s customers will soon be able to carry out foreign payments in online banking at a lower cost than when purchasing such transactions from cashiers in branches and most of the changes are a reflection of this.
Vikubyrjun/Weekly bulletin - 18 June 2018 10:49 AM
The MPC held policy rates unchanged. Arion Bank’s IPO ended this week. Statistics Iceland published Iceland in figures 2018.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg.no. 471008-0280
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