6. November 2019 - Economic Forecast
The ISK depreciated slightly in October. At the end of the month, the euro stood at ISK 138.0, compared with 135.0 at the end of September. Turnover in the interbank foreign exchange market decreased MoM in October. Turnover was EUR 69m (ISK 9.5bn), the lowest within one month since May 2018. The CBI did not intervene in the interbank market in October.
Icelandic FX market (PDF)
News and Notifications - 06 February 2020 04:18 PM
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.
Weekly bulletin - 24 February 2020 08:34 AM
According to the minutes of the last meeting of the MPC, one of two external members voted against the Governor's proposal to lower interest rates by 0.25 percentage points, preferring to keep interest rates unchanged.
News and Notifications - 20 February 2020 01:33 PM
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.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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