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Changes to Landsbankinn’s tariff as of 13 August

Changes will be made to Landsbankinn’s price tariff as of 13 August. The fee for withdrawals using debit cards in foreign ATMs or banks is decreased from 2.0% to 1.0%, with a minimum charge of ISK 800 applying to withdrawals. The fee for debit card transactions with foreign service or goods merchants was 1% and will now be abolished.

The minimum lending fee of vehicle and equipment financing increases from ISK 10,000 to ISK 15,000. An ISK 15,000 fee will be charged on documentation for applying for dispensation to temporarily transport off shore mortgaged vehicles or vehicles purchased under a vehicle contract.

The premium on redeemed non-fulfilled commitments towards third parties will be altered as follows:

  • The minimum fee on parking fines was ISK 2,800 and will be lowered to ISK 1,500.
  • The minimum fee on motor vehicle fees, weight tax, insurance premiums and nonfeasance fees is now ISK 2,800 and will be ISK 3,000.

 

News and Notifications - 15 July 2019 11:00 AM

Landsbankinn Chosen Best Bank in Iceland

The international financial magazine Euromoney has selected Landsbankinn as the best bank in Iceland. Each year Euromoney designates the best banks around the world, granting them recognition with its Award for Excellence. In the selection, various factors are considered in banks' operations and policies, such as the results of their regular operations, cost optimisation and service offerings.


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Weekly bulletin - 22 July 2019 09:52 AM

Icelandic Economic Weekly: Monday 22 July 2019

The Icelandic Tourist Board published its monthly Tourism in figures report. The housing price index for the capital region increased 0.2% MoM in June, bringing the YoY increase to 3.2%.


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Weekly bulletin - 15 July 2019 10:00 AM

Icelandic Economic Weekly: Monday 15 July 2019

The CBI released the minutes from the last meeting of the MPC. The real exchange rate of the Icelandic krona was 10.2% lower in June than in June 2018. The Government Debt Management Agency published its monthly Market Information report.


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