Landsbankinn (Iceland)

Key details

• Parent: assets

Overview

Landsbankinn (Iceland) is Icelandic state-owned commercial bank post-2008 Iceland banking collapse + good-bank spin-off of failed Landsbanki + Iceland's largest commercial bank by assets + Icelandic government majority controlling via Ministry of Finance + ~200,000 customers - majority of adult Icelandic population (~380k total population) [1, is-cro]. 2025 baseline: Landsbankinn Iceland's largest commercial bank by assets + Icelandic government majority controlling.

History

1885 — Landsbanki Íslands founded distinctive Icelandic banking heritage.

Oct 2008 — Iceland banking collapse + Landsbanki nationalisation + failed Landsbanki UK subsidiary Icesave crisis + Landsbanki bankruptcy distinctive Iceland banking crisis heritage.

Oct 7 2008 — Landsbankinn hf founded as Icelandic state-owned commercial bank + good-bank spin-off of failed Landsbanki distinctive post-2008 Iceland banking restructuring.

2012 — Landsbankinn Mobile Banking app launch distinctive Icelandic mobile banking strategy.

Ownership & operator

Operating entity: Landsbankinn hf (Icelandic state-owned commercial bank since 2008 post-2008 Iceland banking collapse + good-bank spin-off of failed Landsbanki; Iceland's largest commercial bank by assets).

Major shareholders: Icelandic government (Ministry of Finance) majority controlling via Bankasýsla ríkisins (Iceland State Financial Investments) + minority Icelandic retail + institutional investors.

Regulators: Seðlabanki Íslands (Central Bank of Iceland) + Fjármálaeftirlitið (Financial Supervisory Authority Iceland).

Technical integration

Landsbankinn Mobile Banking app (iOS + Android; ~200,000 customers) + landsbankinn.is online + Landsbankinn branch network across Iceland + Landsbankinn Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + Aur (Icelandic mobile P2P payment app) + Kass (Icelandic mobile P2P payment app).

Implementations & partners

Major Icelandic banking + payments competitors: [[islandsbanki]] (Íslandsbanki Icelandic commercial bank; ICEX: ISB) + [[arion-bank]] (Arion Bank Icelandic commercial bank; ICEX: ARION) + [[kvika-banki]] (Kvika banki Icelandic commercial bank; ICEX: KVIKA) + [[aur-app]] (Aur Icelandic mobile P2P payment app + small-business merchant payments) + [[kass-app]] (Kass Icelandic mobile P2P payment app).

Regulators: Seðlabanki Íslands + Fjármálaeftirlitið.

Status

Active, Icelandic state-owned commercial bank + Iceland's largest commercial bank by assets + Icelandic government majority controlling + ~200,000 customers - majority of adult Icelandic population [1, 2]:

• Landsbankinn hf (Icelandic state-owned commercial bank since 2008) since 1885 Landsbanki Íslands founding + Oct 2008 Iceland banking collapse + Landsbanki nationalisation + failed Landsbanki UK subsidiary Icesave crisis + Landsbanki bankruptcy + Oct 7 2008 Landsbankinn hf founded as Icelandic state-owned commercial bank + good-bank spin-off of failed Landsbanki + 2012 Landsbankinn Mobile Banking app launch.
• Seðlabanki Íslands + Fjármálaeftirlitið regulated.

Sources

• 1 Landsbankinn — official
• 2 Landsbankinn — Wikipedia
• is-cro In-corpus: reports/countries/IS-iceland.md

Source

Biography extracted from landsbankinn.md. See matrix.md for standards-support matrix if present.