Iceland · Financial institution
Landsbankinn Hf
Legal name in the LEI recordLandsbankinn hf.
Landsbankinn hf. is an Icelandic public limited company with its head office at Reykjastræti 6 in Reykjavík. The Icelandic State Treasury holds 98.2% of its shares, and the Ministry of Finance and Economic Affairs controls this holding. The bank offers retail, corporate and investment banking, asset management, and custody and sub-custody services. It was founded as NBI hf. in October 2008 from the domestic operations of Landsbanki Íslands hf. It took the name Landsbankinn hf. in April 2011. It acquired the insurer TM tryggingar hf. on 28 February 2025.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
European registers
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Iceland Financial Supervisory Authority (FME) | 2008-10-08 | A1 A2 A3 A4 A5 A6 A7 B1 B2 B3 B4 B5 B6 B7 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- NBIIISREXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under NBIIISRE directly.
- Swift GPI
- Member, not yet live
- Payment schemes and systems
- SCT
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2008-11-01
- Last updated
- 2024-10-12
Overview
Researched 29 Sep 2026 · Sources
Ownership
State-owned
98.2% Icelandic State Treasury (National Treasury)
Institution type
Universal bank
Trades as Landsbankinn
- Ownership
- The Icelandic State Treasury holds 98.2%, and the rest is held by around 800 other shareholders. The Ministry of Finance and Economic Affairs controls the State's holding.
- Direct parent
- Icelandic State Treasury (National Treasury), Iceland 98.2%
- Major shareholder
- Icelandic State Treasury 98.2%
- Head office
- Reykjastræti 6, 101 Reykjavík, Iceland
- Company register
- Reg. No. (kennitala) 471008-0280, Iceland Register of Enterprises
- Former name
- NBI hf.
Business lines
The bank serves individuals, companies and investors in Iceland through Personal Banking, Corporate Banking, and Asset Management & Capital Markets divisions. It also offers card acquiring, ISK cash accounts and sub-custody for foreign institutions, and sells insurance through its subsidiary TM.
Online
- Websites & references
- landsbankinn.is ↗
arsskyrsla.landsbankinn.is ↗ Annual and sustainability report site
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 15 pages consulted
- landsbankinn.is/en
- landsbankinn.is/en/the-bank/about-us/strategy-and-organisation
- landsbankinn.is/en/the-bank/about-us/strategy-and-organisation/senior-management
- landsbankinn.is/en/the-bank/about-us/strategy-and-organisation/board-of-directors
- landsbankinn.is/en/the-bank/about-us/strategy-and-organisation/ownership
- landsbankinn.is/en/corporate/financial-institutions
- landsbankinn.is/Uploads/Documents/English/Corporate/Custody/SSI-FX-MM-and-CP.pdf
- ml-eu.globenewswire.com/Resource/Download/0d6fdf6d-9c0f-4a4e-8afc-621f5780a046
- globenewswire.com/news-release/2026/07/23/3332446/0/en/landsbankinn-hf-financial-results-of-landsbankinn-in
- globenewswire.com/news-release/2026/03/18/3258490/0/is/Landsbankinn-hf-Ni%C3%B0urst%C3%B6%C3%B0ur-a%C3%B0al
- landsbankinn.is/en/the-bank/investor-relations/news/landsbankinn-and-tm-are-better-together
- samkeppni.is/en/solutions/decisions/35-2025/
- landsbankinn.is/en/the-bank/investor-relations/news
- visir.is/g/20252771970d/brutu-log-vid-soluna-a-is-lands-banka-og-greida-yfir-60-milljonir-i-sektir
- en.wikipedia.org/wiki/Landsbankinn
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Lilja Björk Einarsdóttir CEO
- Chair
- Jón Thorvarður Sigurgeirsson Chairman of the Board of Directors
- Chief financial officer
- Hreiðar Bjarnason Managing Director, Finance; Deputy CEO
- Executive
- Eva Halldórsdóttir Vice-chairman of the Board of Directors
- Executive
- Sunna Ósk Friðbertsdóttir Compliance Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Iceland
- Central Bank of Iceland (including its Financial Supervisory Authority) Central bankPrudential supervisorAML supervisorConductSecuritiesResolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
The bank completed its acquisition of TM tryggingar hf. from Kvika Bank on 28 February 2025. TM is run as a subsidiary.
landsbankinn.is ↗ -
Other
The Icelandic Competition Authority approved the acquisition of TM, subject to a condition in a settlement signed on 21 February 2025.
samkeppni.is ↗ -
Leadership
After a postponement agreed with Icelandic State Financial Investments, shareholders elected a new Board of Directors at the AGM on 19 April 2024.
landsbankinn.is ↗ -
Leadership
The bank announced that Chairman Helga Björk Eiríksdóttir and Vice-chairman Berglind Svavarsdóttir would not stand for re-election.
landsbankinn.is ↗ -
Enforcement
The Central Bank's Financial Supervisory Authority found client-classification breaches in the 2022 Íslandsbanki share sale but imposed no sanction.
visir.is ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- NBIIISREXXX
- How the BIC breaks down
- NBIIBank
- ISCountry · Iceland
- RELocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300TLZPT6JELDWM92
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Iceland · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- REYKJASTRAETI 6 REYKJAVIK 101 ICELAND
- Operational address
- REYKJASTRAETI 6 REYKJAVIK 101 REYKJAVIK ICELAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>NBIIISREXXX</BICFI>
<LEI>549300TLZPT6JELDWM92</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>NBIIISREXXX</BICFI>
<LEI>549300TLZPT6JELDWM92</LEI>
<Nm>LANDSBANKINN HF</Nm>
<PstlAdr>
<TwnNm>REYKJAVIK</TwnNm>
<Ctry>IS</Ctry>
<AdrLine>REYKJASTRAETI 6 REYKJAVIK 101</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2010-04-12 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
Network
Correspondent banking
The bank publishes 21 accounts at other banks, across 3 regions. 6 other banks publish 6 accounts held with this bank.
- Own offices
- Correspondent banks: it holds accounts there
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
21 accounts at other banks, in 16 currencies, as the bank publishes them: landsbankinn.is ↗ dated 19 May 2026
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
|---|---|---|---|---|---|
| AUD | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITIAU2XXXX | Matches the Swift directory |
| CAD | Royal Bank of Canada, Toronto Canada | ROYCCAT2XXX | — | FX, MM, CP | Matches the Swift directory |
| CHF | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM | Matches the Swift directory |
| CHF | UBS AG, Zurich Switzerland | UBSWCHZH80A | — | CP | Matches the Swift directory |
| CNY | Bank of America NA, Hong Kong Hong Kong SAR China | BOFAHKHXXXX | — | FX, MM | Matches the Swift directory |
| CNY | Bank of America NA, Hong Kong Hong Kong SAR China | BOFAHKHXXXX | — | CP | Matches the Swift directory |
| DKK | Jyske Bank A/S, Silkeborg Denmark | JYBADKKKXXX | — | FX, MM, CP | Matches the Swift directory |
| EUR | Deutsche Bank, Frankfurt Germany | DEUTDEFFXXX | — | CP | Matches the Swift directory |
| EUR | KBC Bank NV, Brussel Belgium | KREDBEBBXXX | — | FX, MM | Matches the Swift directory |
| GBP | Citibank NA, London United Kingdom | CITIGB2LXXX | — | CP | Matches the Swift directory |
| GBP | Barclays Bank PLC, London United Kingdom | BARCGB22XXX | — | FX, MM | Matches the Swift directory |
| HKD | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITIHKHXXXX | Matches the Swift directory |
| JPY | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITIJPJTXXX | Matches the Swift directory |
| NOK | DnB NOR ASA, Oslo Norway | DNBANOKKXXX | — | FX, MM, CP | Matches the Swift directory |
| NZD | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITINZ2XXXX | Matches the Swift directory |
| PLN | PKO Bank Polski SA, Warsaw Poland | BPKOPLPWXXX | — | FX, MM, CP | Matches the Swift directory |
| SEK | Skandinaviska Enskilda Banken AB, Stockholm Sweden | ESSESESSXXX | — | FX, MM, CP | Matches the Swift directory |
| SGD | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITISGSGXXX | Matches the Swift directory |
| USD | Bank of America NA, New York United States | BOFAUS3NXXX | — | FX, MM | Matches the Swift directory |
| USD | Citibank NA, New York United States | CITIUS33XXX | — | CP | Matches the Swift directory |
| ZAR | Citibank NA, London United Kingdom | CITIGB2LXXX | — | FX, MM, CP; intermediary CITIJAJXXXX | Matches the Swift directory |
The source is an Icelandic-language PDF of settlement instructions for foreign payments to Landsbankinn (NBIIISREXXX), valid from 19 May 2026. It is linked as 'Settlement instructions for cash' on the Financial Institutions page. The PDF has 22 rows. 21 are extracted here. The ISK row names Landsbankinn hf itself and is left out. No account numbers are published. The source uses the product codes FX, MM and CP without defining them. An intermediary bank ('Millibanki') is given in some rows and is shown in purpose. A separate PDF for equities and bonds settlement was not extracted. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Respondent banks
From the correspondent lists other banks publish
6 other banks publish 6 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| ISK | Banca Monte Dei Paschi di Siena Italy | NBIIISRE | 490100270912824410059110 | commercial transactions; same account listed for MM and FX | gruppomps.it ↗ dated Nov 2022 |
| ISK | Banque et Caisse D'epargne de L'etat, Luxembourg Luxembourg | NBIIISRE | IS54 0100 2709 0029 6705 9276 69 | Treasury and commercial payments | spuerkeess.lu ↗ dated 12 Jan 2026 |
| ISK | DZ Bank AG, Deutsche Zentral- Genossenschaftsbank Germany | NBIIISRE | — | Commercial payments | dzbank.com ↗ dated 10 Jul 2026 |
| ISK | Iccrea Banca SPA - Istituto Centrale del Credito Cooperativo Italy | NBIIISRE | 10009167300014 | CP, FX, MM | iccreabanca.it ↗ |
| ISK | Jyske Bank A/S Denmark | NBIIISRE | — | FX, money market, derivatives and banknote settlement | jyskebank.com ↗ |
| ISK | Unicredit Bank GMBH Germany | NBIIISRE | IS970100270925006402100950 | FX, money market and derivatives settlement | hypovereinsbank.de ↗ dated 6 Jan 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: landsbankinn.is (official website).
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