11 May 2012 05:11 PM
Landsbankinn has decided to strengthen and broaden the operations of its subsidiary Landsbréfa hf. by transferring Horn's asset portfolio, which is also a subsidiary of the Bank, to Landsbréf.
11 May 2012 09:32 AM
In Q1 of 2012, Landsbankinn’s net after-tax profit was ISK 7.7 bn. ROE was 15.2%. By comparison, profit in 2010 was ISK 27.2bn while ROE was 26.7%. Landsbankinn's CAD ratio is currently 22.1% compared to 20.4% same time last year. The capital ratio is well above the 16% minimum requirement of the Financial Supervisory Authority.
09 May 2012 08:04 AM
The Treasury of Iceland issued bonds in the amount of USD 1 billion (ISK 124 billion) on Thursday 3 May. The bonds are issued for a term of 10 years (maturity date 11 May 2022) and carry fixed interest rate, 5.875%.
Landsbankinn hf. Austurstæti 11, 155 Reykjavík, Reg.no. 471008-0280
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