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- Weekly bulletin

Icelandic Economic Weekly: Monday 25 May 2020

Last week's highlights

The MPC lowered policy rates by 0.75 percentage points.

Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin.

Fitch revised Iceland's Outlook to Negative.

The week ahead

On Wednesday, Statistics Iceland will release trade in goods and services numbers for Q1.

On Thursday, Statistics Iceland will release CPI numbers for May. We expect a 0.4% increase between months and for the headline inflation to increase from 2.2% to 2.4%.

On Friday, Statistics Iceland will publish national accounts for Q1. The CBI will publish balance of payments for Q1 as well as external debt and the international investment position at end of Q1.

Facts and figures

Markets 25 May 2020

Macro Overview 25 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.


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.


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.