News and notifications

22 November 2019 01:39 PM

Exchange of EUR 500 notes ceases as of 5 December

As of 5 December, Landsbankinn will no longer accept EUR 500 bank notes as they have gone out of production and issuance. Banks in the eurozone will continue to accept EUR 500 notes and they remain legal tender, so a statement from the European Central Bank (ECB).


02 December 2019 08:47 AM

Icelandic Economic Weekly: Monday 2 December 2019

GDP increased by 0.2% in real terms YoY in the first three quarters of 2019. The CPI increased by 0.13% MoM in November, bringing the headline number to 2.8%.


29 November 2019 09:42 AM

Landsbankinn grants a construction loan to a halfway house for women and children

Agreements providing for the construction and financing of an 18-apartment halfway house for Kvennaathvafið, the Women’s Shelter, were signed on 28 November. Landsbankinn grants a construction loan for the halfway house during the period of construction.