News and notifications

18 September 2017 10:49 AM

Icelandic Economic Weekly: Monday 18 September 2017

The Icelandic government has fallen after Björt framtíð, one of the three-party government coalition, announced that it had decided to leave the government. The Fiscal Budget Proposal was submitted to the Icelandic parliament. Íslandsbanki issued a EUR 10m bond. Registered unemployment was 1.9% in August.


15 September 2017 01:58 PM

Amendments to the terms and conditions for savings accounts

New General Terms and Conditions for Savings Accounts take effect on 13 November 2017. The General Terms and Conditions apply to all savings accounts with Landsbankinn and provide for the rights and obligations of the Bank and account holders. When the amendment becomes effective, previous terms and conditions for current accounts, payment accounts and savings accounts cease to apply.


11 September 2017 10:21 AM

Icelandic Economic Weekly: Monday 11 September 2017

The current account surplus was ISK 16.3bn in Q2 and GDP increased by 3.4% YoY in Q2. Statistics Iceland revised GDP growth in 2016 upwards from 7.2% to 7.4%.