Governance and OrganisationFara neðar
"Landsbankinn has made concerted efforts to improve customer service and at the same time taken steps to strengthen core operations."
- Helga Björk Eiríksdóttir, Chairman of the Board of Directors.
"Our market share in the retail market has never been higher and the Bank's position in the corporate market and on financial markets remains strong."
- Hreiðar Bjarnason, interim CEO.
The Board of Landsbankinn is comprised of seven Directors. The Board of Directors is elected at the Bank's AGM and has ultimate authority in all questions between shareholders’ meetings. The Bank's Executive Board was comprised of six individuals at year-end 2016.
Landsbankinn's position continued to strengthen in 2016. Important milestones were reached in financing on international markets, Standard and Poor's raised the Bank's credit rating to BBB/A-2 with a positive outlook and the Bank paid ISK 28.5 bn in dividend.