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Landsbankinn issues bonds in Swedish kroner

Today Landsbankinn completed a bond offering in Swedish kroner. Bonds with a nominal value of SEK 1 billion were issued, maturing in November 2020. The bonds were issued in two tranches; SEK 750 million at 1.375% fixed rate and SEK 250 million floating rate at STIBOR + 1.5%.

The bonds were sold to investors in Sweden, Norway and Finland. The transaction was arranged by DNB Markets. The bonds are issued under Landsbankinn’s EMTN program, and will be listed on the Irish Stock Exchange.

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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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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News and Notifications - 07 May 2020 04:55 PM

Financial results of Landsbankinn for the first three months of 2020

In the first three months of 2020, Landsbankinn's after-tax results were negative by ISK 3.6 billion, compared with an ISK 6.8 billion profit for the same period in 2019. Loan impairment amounted to ISK 5.2 billion in the period, compared with impairment of ISK 1 billion in the same period last year.


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