23. March 2020 - News and Notifications
Among solutions announced by the Icelandic government in response to the Covid-19 pandemic, is the temporary authorisation to withdraw supplementary pension savings. The aim is to open applications for withdrawal in April 2020.
A bill providing for this solution is expected to pass through the Icelandic parliament Althingi in the next few days. Landsbankinn has begun preparing for this eventuality but cannot finalise its procedures until the bill has been passed by Althingi. Further information will be published to the Bank’s website as soon as it becomes available.
Each individual can withdraw a maximum of ISK 12 million.
The withdrawal period is a maximum of 15 months.
The maximum monthly amount for withdrawal is ISK 800,000.
The aim is to open applications in April 2020 but this has not been finally determined yet.
It ends 1 January 2021.
Yes, income tax will be levied on the amount.
That is as yet unclear. The aim is to begin disbursement of withdrawals in April 2020.
Yes, anybody who owned supplementary pension savings as at 1 April 2020 is eligible to apply.
We are working on setting up an application process. The aim is for the application process to be electronic. Customers will receive information about the application process in the coming weeks.
Information about supplementary pension savings is available on the beneficiaries’ website and online banking.
There are no restrictions on the disposition of the funds.
Forsíða - 17 September 2020 02:39 PM
Yesterday, 16 September, Valitor warned against emails apparently sent by Pósturinn. The email asked the recipient to click on an embedded link that opened a false payment site made to look like Valitor’s site. Cyber criminals have obtained card numbers by such means and card holders are advised to be alert.
News and Notifications - 16 September 2020 08:20 AM
The share offering of Icelandair Group hf. commenced at 9:00 on Wednesday, 16 September, and ends at 16:00 on Thursday, 17 September. Participation in the offering is via the Bank’s website.
Weekly bulletin - 14 September 2020 08:48 AM
Icelandair Group published a prospectus for its upcoming share offering. The CBI decided to begin regular sales of foreign currency on the Icelandic interbank market. Icelandair released traffic data for August.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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