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Landsbankinn pays ISK 9.5 bn in special dividend

On 19 September, Landsbankinn paid a special dividend in the amount of ISK 9.5 bn. The Bank has paid a total of ISK 24.8 bn in dividends in 2018 and total dividends paid since 2013 amount to ISK 131.7 bn. Around 99.7% of dividend payments accrue to the National Treasury.

The Board of Directors' proposal for dividend payments was approved at the Bank's Annual General Meeting on 21 March. The dividend was paid in two instalments, an ISK 15,366 million dividend for the operating year 2017 paid on 28 March of this year, and a special dividend in the amount of ISK 9,456 billion, payable to shareholders on 19 September 2018.

As a result, total dividends paid by the Bank in 2013-2018 amount to ISK 131.7 bn.

As at 30 June 2017, Landsbankinn's equity amounted to ISK 232.1 bn and its CAR was 24.1%, having been adjusted for 2018 dividend payments.


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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News and Notifications - 24 April 2020 06:00 PM

S&P lowers Landsbankinn’s credit rating to BBB with stable outlook

S&P Global Ratings has today announced a lowering of Landsbankinn’s long-term credit rating. The credit rating is lowered by one notch, to BBB/A-2 with stable outlook.


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News and Notifications - 22 April 2020 03:03 PM

Results of the AGM of Landsbankinn 2020

The Annual General Meeting of Landsbankinn was held on 22 April 2020 at the Bank’s headquarters in Austurstræti 11, Reykjavík. At the AGM, Helga Björk Eiríksdóttir, Chairman of the Board of Directors, presented the report of the Board of Directors, and Lilja Björk Einarsdóttir, CEO, spoke of the Bank’s solid standing and good performance in 2019.


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