Landsbankinn has throughout its operating history supported a plethora of industries in Iceland. As a result, the Bank enjoys a strong standing in the corporate market.
Fisheries and agriculture have traditionally carried the Icelandic economy. In recent years, significant innovation, development and progress have driven edification and renewal of these industries. Landsbankinn has been an active participant in this process, providing financial support for large projects in rural Iceland. Most fisheries enterprises are well positioned, with leverage decreasing alongside considerable renewal and development.
Landsbankinn's engagement with customers in trade and services increased considerably in 2017. Several new companies in this segment, large and small, brought their business to the Bank. It is a testament to the Bank's good reputation both domestically and abroad that large, international companies who have entered the Icelandic market have chosen Landsbankinn as their principal bank of business in Iceland. The Bank's lending to companies in trade and services increased during the year, which strengthens its diversified corporate loan portfolio.