6. June 2018 - News and Notifications
Festa, Stjórnvísi and the Icelandic Chamber of Commerce have selected Landsbankinn's Report on Social Responsibility as the best CSR report of 2018. This is the first time this award is granted.
The panel of judges found Landsbankinn's Report on Social Responsibility to be exemplary and award it the distinction of best CSR report of 2018. “From reading the report, it is clear that the Bank’s CSR strategy is shaped with extensive input from employees and that CSR is an integral part of the Bank’s operation. The report provides an in-depth overview of selected metrics and year-on-year comparisons are presented graphically. The reader achieves a good understanding of the scope and development of CSR, and the goals and key projects reported on,” so the judging panel. Layout and presentation receives mention for clarity and for providing the general public with easy overview of individual aspects of CSR, as well as a comprehensive overview of CSR as practised by the Bank. Readers are also given the opportunity to explore the issues more deeply. The report is balanced and includes aspects of the Bank’s operation that might be seen as negative yet are unavoidable aspects of the business.
The panel’s conclusion can be read in full on the website of Festa (In Icelandic)
In the past two years, Landsbankinn's Report on Social Responsibility has been published online, to increase accessibility.
Landsbankinn has published a Report on Social Responsibility since 2011. Landsbankinn’s Report on Social Responsibility is based on the principles of the Global Reporting Initiative (GRI). The Bank has been a member of the UN Global Compact for over a decade.
Landsbankinn’s Report on Social Responsibility for 2017 (In Icelandic)
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.
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.
News and Notifications - 07 May 2020 04:55 PM
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.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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