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Landsbankinn changes interest rates

Fixed rates on non-indexed 60-month housing loans decrease by 0.20 percentage points (pp) and fixed rates on 36-month housing loans by 0.10 pp. Fixed rates on 60-month inflation-indexed housing loans decrease by 0.10 pp.

Floating interest rates on non-indexed housing mortgages decrease by 0.10 percentage points. Floating rates on vehicle and equipment financing decrease by 0.10-0.50 pp. Interest on overdraft credit and time payment loans decrease by 0.25 pp. Other floating non-indexed lending rates in ISK decrease by 0.10-0.25 pp.

Floating deposit rates in ISK in most cases decrease by 0.05-0.20 pp while remaining unchanged in some cases.

Landsbankinn's new interest rate tariff enters into effect on 3 September 2019.

Weekly bulletin - 16 September 2019 08:39 AM

Icelandic Economic Weekly: Monday 16 September 2019

The CBI released the minutes from the last meeting of the MPC. The Government Debt Management Agency published its monthly Market Information report. Registered unemployment was 3.5% in August compared with 2.5% August 2018.


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Weekly bulletin - 09 September 2019 08:59 AM

Icelandic Economic Weekly: Monday 9 September 2019

Statistics Iceland corrected earlier published national accounts for Q2. The CBI published the balance of payment and net external position. After appreciating in the second half of July, the króna depreciated in August and the first days of September.


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News and Notifications - 05 September 2019 01:15 PM

Overview of the Icelandic FX market

After appreciating in the second half of July, the króna depreciated in August and the first days of September. Turnover in the foreign exchange market in August was similar to that in July. The CBI did not intervene in the market in August.


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