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19 February 2018 10:54 AM

Icelandic Economic Weekly: Monday 19 February 2018

The three large commercial banks, Landsbankinn, Arion Bank and Íslandsbanki released financial results for 2017. Arion Bank hf. agreed to a buyback of 9.5% of issued shares in the bank. Landsvirkjun released financial results for 2017. Registered unemployment was 2.4% in January.


15 February 2018 04:05 PM

Financial results of Landsbankinn for 2017

Landsbankinn's after-tax profit in 2017 was ISK 19.8 billion. Return on equity (ROE) was 8.2% in 2017, as compared to 6.6% in 2016. The cost-income ratio decreased between years and was 46.1% in 2017.


15 February 2018 04:01 PM

Landsbankinn's Annual Report for 2017 available online

Landsbankinn's Annual Report for the year 2017 is now available on the Bank's dedicated website. The Annual Report provides an overview of highlights in the Bank's 2017 operation.