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Landsbankinn reports a profit of ISK 14.9 bn in H1 2014

In the first six months of 2014, Landsbankinn's after-tax profit was ISK 14.9 bn as compared with ISK 15.5 bn for the same period in 2013. A profit in the amount of ISK 4.9 bn was recognised in the second quarter from Landsbankinn's sale of a 9.9% share in FSÍ (Framtakssjóður Íslands) slhf. and the Bank's entire holding in IEI slhf., as well as fair value changes in the Bank's remaining share in FSÍ.

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