News and notifications

- Macro note

Macro note: 4.6% GDP growth last year

Statistics Iceland released preliminary figures for the national accounts in 2018 on 1 March and revised numbers for 2015 to 2017.

In real terms, the economy grew by 4.6% in 2018. Domestic demand increased by 4.1%, exports by 1.6% and imports by 0.1%. Net foreign trade contribution to GDP growth was 0.7%. 2018 is the eighth consecutive year of economic expansion, following a contraction in 2009 and 2010. The main drivers of growth have been export of services, investment and private consumption.

Macro note: 4.6% GDP growth last year

News and Notifications - 20 March 2019 09:16 AM

Beware fraudulent offers to recover stolen funds

Landsbankinn sees occasion to reiterate that the Bank does not partner with foreign companies or security consultants to recover fraudulently acquired funds. New cases have emerged where cyber criminals offer the victims of their fraudulent activity assistance under false pretences, claiming to work with Landsbankinn.


More

Weekly bulletin - 18 March 2019 07:59 AM

Icelandic Economic Weekly: Monday 18 March 2019

The government surplus was 1.1% of GDP in 2018. Orkuveita Reykjavikur (OR; Reykjavík Energy) published its consolidated financial statements for 2018. The Government Debt Management Agency published its monthly Market Information report.


More

News and Notifications - 15 March 2019 02:24 PM

New version of Landsbankinn’s General Terms and Conditions

Landsbankinn has published a new version of its General Terms and Conditions. This new version includes amendments to provisions on the processing of personal data, money laundering and terrorist financing, corporate online banking and payment cards.


More