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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 - 19 November 2020 06:03 PM

Resigns from the Board of Directors

At a meeting of the Board of Directors of Landsbankinn hf. held today, 19 November 2020, Hersir Sigurgeirsson announced his resignation from the Board of Directors of Landsbankinn. Hersir has decided to take on a project he considers incompatible with serving on the Board of Directors of Landsbankinn.


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News and Notifications - 29 October 2020 04:43 PM

Landsbankinn's results for the first nine months of 2020

Landsbankinn's after tax profit for Q3 of 2020 was ISK 4 billion. In the first nine months of 2020, Landsbankinn's net after-tax results were ISK 699 million.


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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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