3. July 2020 - News and Notifications
Landsbankinn awarded fifteen students scholarships from the Bank’s Community Fund on 1 July. Scholarships were awarded for the 31st time and are in the total amount of ISK 6 million. This year, over 500 applications were received. Landsbankinn is the only domestic bank with a scholarship programme.
Scholarships are awarded in five categories: to secondary school students, for vocational studies and apprenticeships, to university students, post-graduate students and for artistic study.
The panel of judges sought to select exceptional students possessed of ambition and an interesting future vision likely, in the opinion of the panel, to enrich Icelandic society in the long term. Other factors taken into consideration included research and written articles, voluntary service, participation in sports and in social activities, etc.
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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