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- Weekly bulletin

Icelandic Economic Weekly: Monday 18 May 2020

Last week's highlights

The CBI published the results of its survey of market expectations.

S&P Global Ratings Affirmed Iceland´s ratings at 'A/A-1'.

The CBI and credit institutions signed agreements on bridge loans.

The Government Debt Management Agency published its monthly Market Information report.

Registered unemployment was 17.8% in April, 10.3pp of that figure due to part-time claims.

The week ahead

We expect the MPC to lower policy rates 1.0% on Wednesday.

Concurrent with the interest rate decision, the CBI will publish its quarterly Monetary Bulletin.

On Tuesday, Registers Iceland will publish the housing price index for the capital region.

Facts and figures

Markets 18 May 2020

Macro Overview 18 May 2020

Forsíða - 30 July 2020 04:05 PM

Financial results of Landsbankinn in H1 of 2020

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.


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Weekly bulletin - 27 July 2020 08:57 AM

Icelandic Economic Weekly: Monday 27 July 2020

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.


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Forsíða - 24 July 2020 01:50 PM

Landsbankinn is the best bank in Iceland in the assessment of Euromoney

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.


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