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Resigns as a Member of the Board of Directors of Landsbankinn hf.

Samúel Guðmundsson has resigned from the Board of Directors of Landsbankinn. Samúel was elected as alternate to the Board of Directors in April 2016 and became a regular member in March 2018.

Helga Björk Eiríksdóttir, Chairman of the Board of Directors: “Samúel owned a share in the management company of a restaurant which has faced operating difficulties. Under the circumstances, he deemed it right to resign from the Board of Directors, as continuing as a Director could be considered questionable and erode confidence in the Board and Landsbankinn. I respect his decision, wish Samúel success in the future and thank him for his work in recent years.”

News and Notifications - 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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News and Notifications - 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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