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New opening hours in certain Landsbankinn branches

As of June, new opening hours will apply to several Landsbankinn branches. At the same time, changes will be made to Landsbankinn's branch at Hagatorg in Reykjavík. These changes are in response to developments in banking services, towards ever-increasing use of digital solutions by customers and declining branch visits.

Landsbankinn places a great deal of emphasis on electronic services. In recent weeks and months, Landsbankinn has introduced several new digital service solutions, including the Landsbankinn App. The Bank had previously offered customers the opportunity to adjust their overdraft manually through online banking, apply for payment equalisation for their credit cards and complete a credit assessment for housing loans online. More new features will de introduced in the near future. Reception of these solutions has exceeded all expectations - customers clearly appreciate the opportunity to tend to their banking business via computer or mobile device, anywhere and anytime it suits them. Technical advances in recent years have caused a decline in the frequency of customer visits to branches and various aspects of banking require fewer employees than before. It is nonetheless important to Landsbankinn to maintain a robust network of branches and it currently operates 37 branches and outlets throughout Iceland.

The changes will be implemented during the period 11-29 June and more detailed information will be provided by the relevant branch or outlet.

The following changes apply to opening hours
Current opening hours New opening hours
Breiðdalsvík 12.30-16.00 12.00-15.00
Djúpivogur 11.00-16.00 12.00-15.00
Hvammstangi 9.00-16.00 12.00-15.00
Kópasker 12.00-16.00 12.00-15.00
Neskaupstaður 9.00-16.00 12.00-15.00
Patreksfjörður 9.00-16.00 12.00-15.00
Raufarhöfn 12.00-15.30 12.00-15.00
Skagaströnd 9.00-16.00 12.00-15.00
Vopnafjörður 12.30-16.00 12.00-15.00
Þorlákshöfn 9.00-16.00 12.00-15.00
Þórshöfn 12.30-16.00 12.00-15.00

Concurrent to these changes, the Bank's Hagatorg branch will become an outlet from the Austurstræti 11 branch. Back office work will no longer take place at Hagatorg and back office positions at headquarters will be reduced. There will as a result be fewer employees at Hagatorg, yet customers should not notice any great change in services offered.