News and notifications

- Weekly bulletin

Icelandic Economic Weekly: Monday 30 September 2019

Last week's highlights

The CPI increased by 0.09% MoM in September, bringing the headline number to 3.0%.

The CBI released its quarterly Economic Indicators.

The week ahead

We expect the MPC to lower policy rates by 0.25 percentage points on Wednesday.

On Friday, the Icelandic Tourist Board will publish departures of foreign passengers from Iceland through Keflavík International Airport for September.


Markets 30 September 2019

Macro Overview 30 September 2019

News and Notifications - 06 February 2020 04:18 PM

Financial results of Landsbankinn for 2019

Landsbankinn's after-tax profit in 2019 was ISK 18.2 billion. Return on equity (ROE) was 7.5% in 2019, as compared to 8.2% in 2018. Discounting the bank tax, ROE was 9.2% and the Bank’s target is 10% at a minimum, having regard for the impact of bank tax. The cost-income ratio decreased between years, was 42.6% in 2019 as compared to 45.5% in 2018.


More

News and Notifications - 20 February 2020 01:33 PM

Municipality Credit Iceland issues green bonds

Municipality Credit Iceland (MCI) finalised a private placement of new green bonds class LSS040440 GB on 19 February 2020. Landsbankinn Capital Markets coordinated the sale.


More

News and Notifications - 19 February 2020 10:28 AM

Tender offer results

Landsbankinn hf. announced today the results of a tender offer announced on 11 February 2020 where holders of its EUR 500,000,000 1.625 per cent. notes due 2021 (ISIN: XS1490640288) were invited to tender their notes for purchase by the bank against a cash payment. The tender offer was subject to the terms and conditions outlined in the tender offer memorandum dated 11 February 2020.


More