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Landsbankinn a model of good corporate governance

Samfélagsstyrkir 2018

The Centre of Corporate Governance (CCG) has renewed its recognition of Landsbankinn as a model of corporate governance. The award is organised by the Iceland Chamber of Commerce, Nasdaq OMX Iceland, the Confederation of Icelandic Employers and the CCG at the University of Iceland.

Lilja B. Einarsdóttir, CEO of Landsbankinn, accepted the award at a conference on corporate governance, held at the University of Iceland.

The award is based on a review of the Bank’s governance practices, carried out by Deloitte ehf. The review is based on the Guidelines on Corporate Governance published by the Iceland Chamber of Commerce, the Confederation of Icelandic Employers and Nasdaq OMX Iceland. The CCG at the University of Iceland coordinates the award process.

Landsbankinn first received the award in 2014 and has been an annual recipient since. The aim of the award is first and foremost to encourage debate and actions that promote good corporate governance.

News and Notifications - 25 July 2019 04:04 PM

Financial results of Landsbankinn in H1 of 2019

Landsbankinn's performance was positive by ISK 11.1 billion after taxes during the first half of 2019, compared with an after-tax profit of ISK 11.6 billion during the same period in 2018. Return on equity (ROE) during the period was 9.1% on an annualised basis, compared to 9.9% in the same period of 2018. Salaries and related expenses decreased by 2% between periods.


News and Notifications - 23 July 2019 06:33 PM

S&P affirms Landsbankinn’s credit rating as unchanged but revises outlook from stable to negative

On 23 July 2019, the international rating agency S&P Global Ratings affirmed Landsbankinn's long-term and short-term issuer credit rating of BBB+/A-2, but revised its outlook from stable to negative.


News and Notifications - 15 July 2019 11:00 AM

Landsbankinn Chosen Best Bank in Iceland

The international financial magazine Euromoney has selected Landsbankinn as the best bank in Iceland. Each year Euromoney designates the best banks around the world, granting them recognition with its Award for Excellence. In the selection, various factors are considered in banks' operations and policies, such as the results of their regular operations, cost optimisation and service offerings.