24. March 2020 - News and Notifications
In accordance with an agreement between domestic financial undertakings and pension funds, which is part of the response to the economic ramifications of Covid-19, companies can now apply to defer payments on loans for up to six months. Companies should apply to their main bank of business. Other solutions for companies have already been introduced or are in the works.
The parties to the agreement are Landsbankinn, Arion Bank, Íslandsbanki, Kvika, Lykill, the savings banks and pension funds.
The agreement is intended to facilitate quick and co-ordinated processing of individual cases and contribute to equal standing, both of lenders and companies. The agreement is valid throughout June 2020 and includes extension provisions if circumstances demand. The agreement provides for the following:
Announcement about the agreement
Companies who bank with Landsbankinn can take advantage of various solutions to counteract the impact of Covid-19 on operations. We encourage customers who expect to have difficulties meeting their payment obligations to contact the Bank soonest to go over solutions and receive appropriate advice.
Companies are advised to contact their account manager or liaison, call the Corporate Call Centre (tel. +354 410 5000) or email firstname.lastname@example.org.
Solutions for your company
Weekly bulletin - 21 September 2020 08:32 AM
Icelandair concluded its public offering. Registered unemployment was 9.4% in August. Of that figure, 0.9pp is due to part-time claims. The housing price index for the capital region increased by 0.8% MoM, bringing the YoY change to 5.2%.
Front page - 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.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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