Press Releases from Landsbanki Islands (22 total)
direct/ Landsbanki Islands - Landsbanki presents Q4 2007 financial results on 28 …
Landsbanki will announce its full year financial results after market closing on Monday, 28 January 2008.
Presentation in London 29 January
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, joint CEOs of Landsbanki, will present Landsbanki´s Q4 2007 results to analysts and investors, followed by a Q&A session. Conducted in English, the presentation will be available live on www.landsbanki.com, where relevant data and presentation material will be posted simultaneously.…
direct/ Landsbanki Islands - Landsbanki Well Positioned to Pursue Strategic Obje …
As Landsbanki has previously stated, the diversification of its international operations is a clear strategic priority. The ultimate aim of this strategy is to achieve a broad sectoral and geographical diversification of assets, funding and income through the addition of value enhancing complementary businesses.
Landsbanki and Cenkos today announced the commencement of discussions with the management of Close Brothers Group plc for the possible submission of a recommended takeover bid…
direct/ Landsbanki Islands - Fitch affirms Landsbanki at ´A´ with stable outlo …
Fitch Ratings has today affirmed Iceland-based Landsbanki Islands´ (Landsbanki) ratings at Long-term Issuer Default (IDR) ´A´, Short-term IDR ´F1´, Individual ´B/C´, Support ´2´ and Support Rating Floor ´BBB´. The Outlook for the Long-term IDR is Stable.
In their statement, Fitch marks that the ratings reflect Landsbanki´s leading position in its domestic market, the growing diversification of its earnings, its prudent provisioning policies, comfortable capitalisation and marked improvement in its funding…
direct/ Landsbanki Islands - Landsbanki Opens an Office in Hong Kong
Landsbanki formally opened its latest overseas office, after receiving authorisation from the financial regulator in Hong Kong, the Hong Kong Monetary Authority, to open an establishment in the country. Landsbanki already has valuable connections in this market, as witnessed by the over 500 guests, mainly business and financial executives in Hong Kong, attending the official reception. After opening this new office Landsbanki operates in 17 countries.
Landsbanki´s Hong Kong office…
direct/ Statement regarding announcements by Cenkos Securities plc and Close Bro …
Landsbanki Íslands hf. notes the recent announcements by the English financial services provider Close Brother´s Group plc. and Cenkos Securities plc. concerning the bank´s involvement in a possible offer for the Close Brothers Group plc.
Landsbanki confirms that it has, in conjunction with Cenkos Securities plc, made an approach to the board of directors of Close Brothers Group plc. regarding a possible cash offer for the entire issued share capital…
direct/ Landsbanki Islands - Landsbanki presents Q3 results on 1 November in Lon …
Landsbanki will announce its third quarter results prior to market opening on Thursday, 1 November 2007.
Presentation in London 1 November
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, joint CEOs of Landsbanki, will present Landsbanki´s Q3 2007 results to analysts and investors, followed by a Q&A session. Conducted in English, the presentation will be available live on www.landsbanki.com, where relevant data and presentation material will be posted simultaneously.…
direct/ Landsbanki Islands (UK) - Landsbanki Issues Tier 1 Capital in the US
On Friday 12 October 2007, Landsbanki closed a USD 400 million non-cumulative undated capital notes transaction, targeted at institutional investors in the U.S. market. The notes are perpetual with a call 10 years from the issue date. The issue has a coupon of 7.43% which is equivalent to 3-month USD LIBOR + 213bps. Joint lead managers in the transaction were Citigroup, Credit Suisse and JP Morgan.
The deal attracted strong…
direct/ Landsbanki Islands (UK) - Motions following share increase 8 August 2007
Please find attached the Motions for Landsbanki Islands hf following the share increase as announced 8 August 2007 related to the takeover of UK broker and investment bank Bridgewell plc.
For further information:
Landsbanki Senior Head of Legal Advisory - Gunnar Viðar - tel. +354 410 7740
Media Relations - Andrew Walton, Financial Dynamics, tel: +44 20 7269 7204 / mob: +44 7711 264 157.
About Landsbanki
Landsbanki is a growing European…
direct/ Landsbanki Islands (UK) - Landsbanki H1 Results - Presentation in Reykja …
Landsbanki will present its second quarter results in Reykjavik and London on Wednesday, 1 August 2007 - For further information see below.
Net After-tax Profit ISK 26.3 billion
Return on Equity (ROE) 39%
Deposits 76% of loans to customer
Highlights of the Consolidated Interim Financial Statements of Landsbanki Íslands hf. 30 June 2007:
- Landsbanki Íslands hf. reported an after-tax profit for the 1st half of 2007 of ISK 26.3…
direct/ Landsbanki Islands (UK) - Landsbanki H1 2007 Results
Net After-tax Profit ISK 26.3 billion
Return on Equity (ROE) 39%
Deposits 76% of loans to customer
Highlights of the Consolidated Interim Financial Statements of Landsbanki Íslands hf. 30 June 2007:
- Landsbanki Íslands hf. reported an after-tax profit for the 1st half of 2007 of ISK 26.3 billion (EUR300bn), as compared to ISK 20.4bn in H1 of 2006. The bank´s pre-tax profit was ISK 29.5bn (EUR337m).
- After-tax ROE…
direct/ Landsbanki Islands (UK) - Landsbanki presents Q2 results on 1 August in …
Landsbanki will announce its second quarter results prior to market opening on Wednesday, 1 August 2007.
Presentation in London 1 August
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, joint CEOs of Landsbanki, will present Landsbanki´s Q2 2007 results to analysts and investors, followed by a Q&A session. Conducted in English, the presentation will be available live on www.landsbanki.com, where relevant data and presentation material will be posted simultaneously.…
direct/ Landsbanki Islands (UK) - Landsbanki to open a Branch in Helsinki
Pertti Ijäs named Head of Landsbanki Helsinki Branch
Landsbanki has decided to open a new branch in Finland this fall and aims to begin operations on 1 August. The bank has already engaged the services of a group of professionals with extensive experience in the Finnish financial sector. They will form the backbone of the branch´s operations.
The branch will initially focus on using Landsbanki´s UK and Continental Europe reach to…
direct/ Landsbanki Islands (UK) - Icesave Deposits Total Over GBP 3 billion
Landsbanki´s UK online savings programme Icesave has now attracted over 80,000 account holders, whose deposits exceed GBP 3 billion. The savings account programme, which was launched in October last year, is both simple to use and offers very competitive terms. Unlike traditional UK deposit accounts, Icesave has no restrictions on withdrawals.
Landsbanki took action to boost its deposits when the terms available to Icelandic banks on international financing markets deteriorated…
direct/ Landsbanki Islands (UK) - Moody´s affirms Landsbanki´s rating
Today, Moody´s affirmed the ratings of Landsbanki unchanged at long-term ´Aa3´, short-term ´P-1´, individual ´C´ with stable outlook. The affirmation follows Landsbanki´s announced acquisition of UK brokerage and investment bank Bridgewell.
Please find attached the press release by Moody´s issued 22 May 2007.
For further information contact:
Landsbanki´s CEOs Sigurjón Th. Árnason, Tel. +354 410-4009 / +354 898 0177 and Halldór J. Kristjánsson, Tel. +354 410 4015 / +354 820 6399.…
direct/ Landsbanki Islands (UK) - Landsbanki to Acquire Bridgewell
Creates a leading UK investment bank servicing the small and mid-cap market
- Becomes the second largest broker to listed companies on the London Stock Exchange measured by number of clients
Landsbanki has tendered an offer to buy all issued shares of the UK broker and investment bank Bridgewell plc. The offer is made at 125 pence per share which values Bridgewell at approximately GBP 60,3 million on a fully…
direct/ Landsbanki Islands (UK) - Landsbanki issues EUR 500 million floating rat …
Landsbanki has today issued EUR 500 million floating rate notes due in 2012 priced at EURIBOR plus 26 basis points. This is the first senior public issue from Landsbanki denominated in euros since October 2005. The issue was managed by Credit Suisse, RBS and SG CIB. Co-lead managers were DZ Bank and Bayern LB.
The transaction, which was twice oversubscribed, marks an important step in the Bank´s funding plans for…
Copies of Q1 2007 results presentations in London and Reykjavík
Please find attached copies of the Q1 2007 results presentations in London and Reykjavík.
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, CEOs of Landsbanki, presented Landsbanki´s Q1 2007 results to analysts and investors, followed by a Q&A session in London 3 May and Reykjavik 4 May.
All presentation material, plus a replay of the webcast and a podcast of the telephone conference, has now been posted on www.landsbanki.com/ir.…
direct/ Landsbanki Islands (UK) - Landsbanki Q1 2007 results presentation attach …
Please find attached a copy of the Q1 2007 results presentation.
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, CEOs of Landsbanki, will present Landsbanki´s Q1 2007 results to analysts and investors, followed by a Q&A session. Conducted in English, the presentation will be available live on www.landsbanki.com/ir, where relevant data and presentation material will be posted simultaneously.
Live webcast and Conference call
For those who wish to join…
direct/ Landsbanki Islands (UK) - Landsbanki Q1 2006 Results Presentation 11 am …
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, CEOs of Landsbanki, will present Landsbanki´s Q1 2007 results to analysts and investors, followed by a Q&A session. Conducted in English, the presentation will be available live on www.landsbanki.com/ir, where relevant data and presentation material will be posted simultaneously.
Live webcast and Conference call
For those who wish to join the meeting remotely, a webcast of the presentation can be accessed on…
direct/ Landsbanki Islands (UK) - Statement re Landsbanki Presents 2006 Financia …
Landsbanki announced its 2006 full-year financial results today Friday, 26 January 2006, before the opening of markets.
Presentation in London 26 January
Mr Sigurjón Þ. Árnason and Mr Halldór J. Kristjánsson, CEOs of Landsbanki, will present Landsbanki´s 2006 results to analysts and investors, followed by Q&A. Conducted in English, the presentation will be available live on www.landsbanki.com where relevant data and presentation material will be posted simultaneously.
Time: 11:00 am UK
Venue: Haberdashers Hall,…
direct/ Landsbanki Islands (UK) - Landsbanki 2006 Financial Results
After-tax profit ISK 40.2 billion (bn)
Q4 profit ISK 14.1 bn
Highlights of the Consolidated Annual Financial Statements of Landsbanki for 2006
- After-tax profit in 2006 was ISK 40.2 bn (EUR 459m), increasing YoY by 61%.
- After-tax ROE was 36.3%.
- The group´s core income (interest margin and commission income) was close to ISK 70 billion (EUR 798m), an increase over 2005 of ISK 30 bn or 76%.
- The cost-income ratio for 2006…
direct/ Landsbanki Islands (UK) - Landsbanki Concludes CAD 300,000,000 Maple Bon …
Landsbanki Íslands HF (A2/-/A) has priced a senior 300 million Canadian Dollar fixed rate Maple transaction in the Canadian market, maturing in January 2010. HSBC acted as sole bookrunner on the transaction and CIBC and National Bank of Canada were Co-managers.
Landsbanki undertook an investor roadshow in Canada at the end of November and following positive feedback from Canadian investors, decided to go ahead with an inaugural transaction in the…
