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Landsbankinn information


Landsbankinn hf.
Company typeGovernment-owned corporation (from 2008)
Private (2003–2008)
Government-owned corporation (prior to 2003)
IndustryBanking
PredecessorLandsbanki
Founded9 October 2008
(history traces back to 1885)
Headquarters
Reykjavík
,
Iceland
Number of locations
  • 36 branches (2023)
  • 62 ATMs (2023)
Area served
Iceland
Key people
Lilja Björk Einarsdóttir
(CEO)
Helga Björk Eiríksdóttir
(Chairman)
ProductsConsumer banking, corporate banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Operating income
Increase ISK 62,330 billion (2021)[citation needed]
Net income
Increase ISK 28,9191 billion (2021)[citation needed]
Total assetsIncrease ISK 1.729 trillion (2021)[citation needed]
Total equityIncrease ISK 282,645 billion (2021)[citation needed]
OwnerIcelandic State Treasury (98,2%), Landsbanki (1,6%), Other investors (0,2%)[1]
Number of employees
About 800 (2022)
Websitewww.landsbankinn.is Edit this at Wikidata

Landsbankinn (literally "the National bank"), originally NBI hf., is an Icelandic bank headquartered in Reykjavík. It was established in 2008 by the Icelandic government out of the domestic operations of its predecessor Landsbanki which failed during the 2008–2011 Icelandic financial crisis. It is the largest bank in Iceland and the history of its predecessor goes back to 1885. In 2022 the bank had 35 branches around Iceland. The bank has around 39% market share in the retail market and around 34% in the corporate banking market (2022). In recent years, the bank has faced criticism for shutting down and reducing the opening hours of several of its branches in smaller towns throughout Iceland. [2]

  1. ^ "Eignarhald á Landsbankanum hf" (in Icelandic). 9 January 2020. Retrieved 9 January 2020.
  2. ^ Júlíusson, Þórður Snær (29 August 2023). "Íslensku bankarnir hagræddu og fengu skattalækkun en stungu ávinningnum í vasann". Heimildin. Heimildin. Retrieved 10 September 2023.

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