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Landsbankinn changes interest rates

Fixed rates on non-indexed 60-month housing loans decrease by 0.20 percentage points (pp) and fixed rates on 36-month housing loans by 0.10 pp. Fixed rates on 60-month inflation-indexed housing loans decrease by 0.10 pp.

Floating interest rates on non-indexed housing mortgages decrease by 0.10 percentage points. Floating rates on vehicle and equipment financing decrease by 0.10-0.50 pp. Interest on overdraft credit and time payment loans decrease by 0.25 pp. Other floating non-indexed lending rates in ISK decrease by 0.10-0.25 pp.

Floating deposit rates in ISK in most cases decrease by 0.05-0.20 pp while remaining unchanged in some cases.

Landsbankinn's new interest rate tariff enters into effect on 3 September 2019.