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 - 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.
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