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Landsbankinn Chosen Best Bank in Iceland

Euromoney

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.

Euromoney's news release points out that Landsbankinn's financial performance during the period underlines its outstanding position among Icelandic banks, particularly in terms of efficiency and profitability. Furthermore, its loans and deposits have shown healthy growth. Landsbankinn also places emphasis on offering products and systems that place it at the forefront of Icelandic banks when it comes to digital solutions.

Lilja Björk Einarsdóttir, CEO of Landsbankinn: "We are proud of having been selected as the best bank in Iceland. The award is yet another confirmation of the success achieved by Landsbankinn, thanks not least to its dedicated and energetic employees. We set ourselves clear targets for implementing digital solutions that have resulted in more efficient operations and increased customer satisfaction. The Award for Excellence encourages us to continue to provide excellent service while ensuring the solid operation of the bank in the long term."

Forsíða - 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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Forsíða - 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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