2. April 2020 - News and Notifications
Customers of Landsbankinn, who have experienced unexpected income loss, can now sign an application to postpone payments on housing loans electronically on the Bank’s website. The solution can apply to due dates for payment as of and including 1 April.
Due to the economic ramifications of Covid-19, several customers have requested postponement of housing loan payments. Landsbankinn is focused on responding quickly to these requests and, in recent days, a great deal of work has gone into making the application process electronic. In order to postpone payments, an addendum to the loan agreement has to be created. This addendum can now be signed using electronic ID on the Bank’s website while signature previously required a visit to one of the Bank’s branches.
Landsbankinn charges no fee for the amendment. District commissioners charge a fee of ISK 2500 for public registration, which is payable by the borrower.
Housing loan payments can be postponed for up to six months. Postponement can apply to due dates as of and including 1 April, if payment has not already been made. Postponement of housing loan payments is primarily suited to individuals and families experiencing unexpected loss of income.
Further information and application to postpone payments
Forsíða - 30 July 2020 04:05 PM
Landsbankinn's after-tax performance was negative by ISK 3.3 billion during the first half of 2020, compared with a profit of ISK 11.1 billion during the same period in 2019. Loan impairment amounted to ISK 13.4 billion during the period, equal to about 1.1% of the bank‘s loan portfolio, compared with an impairment of ISK 2.4 billion in the same period last year.
Weekly bulletin - 27 July 2020 08:57 AM
The CPI based on prices in mid-July increased 0.15% between months. Arion Bank published preliminary financial results for Q2. Icelandair Group also published preliminary financial results for Q2. The CBI release the minutes of the Financial Stability Committee meeting in June.
Forsíða - 24 July 2020 01:50 PM
The international business and finance magazine Euromoney has chosen Landsbankinn as the best bank in Iceland, and this is the second year in a row that the bank receives this recognition.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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