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Landsbankinn’s new Data Protection Policy and Customer Data Rights Portal

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.

Individuals are also accorded certain rights, including rights to information and to access to their own personal data. To simplify this and assist customers in exercising their rights, Landsbankinn has also opened a Customer Data Rights Portal (in Icelandic) on its website where customers can, for example, request access to their own personal data which the Bank processes.

The protection of personal data and confidentiality of customers’ information have always been key aspects of the Bank's operations. Landsbankinn has already adapted its activities to comply with the requirements of the new Personal Data Protection Act that entered into effect on 15 July 2018 and will continue to ensure the secure and responsible handling of personal data which it uses to provide personalised services and advice to customers.

The amendment to legislation on personal data protection is in response to the European Union’s new regulation on data protection and the processing of personal data. An in-depth review of the new legislation and its effects on the general public and businesses has been posted on Umræðan (in Icelandic).


News and Notifications - 07 August 2018 12:11 PM

Landsbankinn’s new Data Protection Policy and Customer Data Rights Portal

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.


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News and Notifications - 26 July 2018 04:14 PM

Financial results of Landsbankinn in H1 of 2018

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.


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Hagsjá/Economic Forecast - 25 July 2018 02:11 PM

Overview of the Icelandic FX market

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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