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Landsbankinn's Annual Report for 2018 available online

Landsbankinn's Annual Report for 2018 is now available on the Bank's website. The Annual Report is published in electronic form only. The Annual Report provides an accessible overview of highlights in the Bank's operation in 2018.

Numerous new digital service solutions

Seldom if ever before have there been such significant changes to Landsbankinn’s services as in 2018. The Bank launched 20 new digital solutions for individuals and companies. Various transactions that formerly necessitated a physical bank visit can now be taken care of at the customer’s leisure. The Annual Report includes an overview of these new solutions, such as Landsbankinn’s app, the Bank’s card app which allows customers to make payment with their mobiles, and a digital credit assessment and loan application process.

Largest market share and more satisfied customers

Landsbankinn had positive results in 2018. Landsbankinn's share in the banking market has grown surely and steadily and it is the largest of the country’s banks, for the fifth consecutive year. The Bank's share in retail banking is 37.8% and 34% in the corporate market. Customer satisfaction scores higher than before, confidence in the Bank has increased and Gallup surveys show that Landsbankinn’s customers are more likely to recommend their bank than are customers of other banks.

The Annual Report reviews the varied services the Bank provides to both individuals and companies throughout Iceland, the Bank’s strategy and its goals. Corporate social responsibility, human resources and gender equality, and the Bank’s support for the community are discussed in detail. The Annual Report also includes information about the Bank’s financing, risk management and other matters.

Annual Report electronic-only since 2015

Landsbankinn's Annual Report has been published in electronic format only since 2015. The aim of electronic publication is to increase transparency and make it easier for the public as well as stakeholders to learn about the Bank's activities and operation. The cost of electronic publication is lower and it is more environmentally friendly.

Landsbankinn's Annual Report for 2018

News and Notifications - 17 April 2019 03:50 PM

Open again Tuesday 23 April - Happy Easter!

Landsbankinn’s branches and service centres will as usual be closed over the Easter holidays and open again on Tuesday, 23 April. Information about stand-by service for Landsbankinn’s card holders (Visa), travel insurance and SOS emergency assistance is available on the Bank’s website. We remind card holders to notify immediately of lost or stolen cards.


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News and Notifications - 17 April 2019 09:52 AM

Landsbankinn a model of good corporate governance

The Centre of Corporate Governance (CCG) has renewed its recognition of Landsbankinn as a model of corporate governance. The award is organised by the Iceland Chamber of Commerce, Nasdaq OMX Iceland, the Confederation of Icelandic Employers and the CCG at the University of Iceland.


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Weekly bulletin - 15 April 2019 10:46 AM

Icelandic Economic Weekly: Monday 15 April 2019

The real exchange rate of the Icelandic króna in March 2019 decreased by 9.8% YoY. Icelandair published traffic data for March. The Government Debt Management Agency published its monthly Market Information report.


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