|Address:||Austurstraeti 11, Service Centre 410 4000, Reykjavik, Iceland|
|Subsidiaries:||SP Finance, Heritable Bank, Landsbanki Luxembourg, Landsvaki|
|Competitors:||Íslandsbanki, KB Banki, Sparisjóðabanki Íslands|
Landsbanki Íslands ("National Bank of Iceland") is the oldest of the three major commercial banks of Iceland.
- SP Finance Ltd. (Leasing)
- Heritable Bank Ltd. (Consultancy and Residential Development Financing)
- Landsbanki Luxembourg S.A. (Private Banking)
- Landsvaki hf. (Mutual Funds)
The company was founded in 1885, and served as the central bank of Iceland until 1961. At the time, this interest was primarily directed towards note issuance rather than monetary policy.
It was later replaced in this capacity by Seðlabanki Íslands, the Central Bank of Iceland at the behest of the Alþingi. While still publicly owned, it went through a state-directed merger with Samvinnubanki (Cooperative Bank). Landsbanki Íslands was converted to a public limited company on January 1, 1998. The firm was subsequently privatized in stages between 1998 and 2003.
Landsbanki Íslands Bank Reykjavik Iceland 1885