28. December 2018 - News and Notifications
Landsbankinn has published its schedule for market funding for the year 2019.
Covered bond auctions are scheduled to be held once a month and will be announced via the NASDAQ Iceland news system two business days preceding the proposed auction. The bank intends to issue covered bonds in the amount of ISK 35-40bn in 2019. The schedule assumes that the nominal value of outstanding covered bonds will be ISK 123-128bn by year-end but one covered bond series matures during the year, LBANK CB 19.
Auctions of commercial paper (CP) are not scheduled on a regular basis but decided upon favourable market conditions. Total issuance of CP will depend on market conditions.
Landsbankinn reserves the right to make changes to the funding plan for 2019 at its own discretion without prior notice.
Further information on the funding plan
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.
News and Notifications - 24 April 2020 06:00 PM
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.
News and Notifications - 22 April 2020 03:03 PM
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.
Landsbankinn hf. Austurstræti 11, 155 Reykjavík, Reg. No. 471008-0280
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