07 October 2021

Economic Indicators published

The Central Bank of Iceland has published Economic Indicators on its website. Economic Indicators contains a quarterly summary of economic developments, a compendium of statistics, and an update on the position of the financial system. Economic Indicators is also published in Icelandic under the title Hagvísar Seðlabanka Íslands.

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06 October 2021

Statement of the Monetary Policy Committee 6 October 2021

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to raise the Bank’s interest rates by 0.25 percentage points. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore be 1.5%.

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06 October 2021

Monetary Policy Committee statement and webcast

The Statement of the Central Bank Monetary Policy Committee (MPC) will be published on the Bank’s website today, at 08:30 hrs. Beginning an hour later, at 09:30 hrs., will be a webcast presentation where Ásgeir Jónsson, Governor and Chair of the MPC, and Rannveig Sigurðardóttir, Deputy Governor for Monetary Policy and MPC member, will explain the statement and the rationale behind the Committee’s decision.

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29 September 2021

Increase in countercyclical capital buffer

New Central Bank Rules on Countercyclical Capital Buffers for Financial Undertakings, no. 1076/2021, which were approved at a meeting of the Bank´s Financial Stability Committee (FSN) on 28 September 2021, were published in the Law and Ministerial Gazette today. With the new Rules, the value of the countercyclical capital buffer is increased to 2% of the risk base for financial institutions’ domestic exposures. The increase will take effect twelve months from now.

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29 September 2021

Central Bank sets new rules capping debt service-to-income ratios on consumer mortgages

The Central Bank of Iceland’s Rules on Maximum Debt Service-to-Income Ratios on Consumer Mortgages, no. 1077/2021, approved at a meeting of the Bank’s Financial Stability Committee on 28 September 2021, were published in the Law and Ministerial Gazette (Stjórnartíðindi) today. The Rules take effect on 1 December 2021.

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07.02.2018

Webcast

04.02.2015

Webcast

05.11.2014

Webcast

11.12.2013

Webcast

23.10.2013

Statement

12.06.2013

Webcast

20.03.2013

Webcast

06.02.2013

Webcast

02.11.2011

Webcast

21.09.2011

Webcast

17.08.2011

Webcast

16.03.2011

Webcast

02.02.2011

Webcast

04.06.2009

Webcast

07.05.2009

Webcast

08.04.2009

Webcast

28.10.2008

Webcast

11.09.2008

Webcast

01.06.2007

Opening address

02.11.2004

New statistics

27.07.2004

New statistics

20.07.2004

New statistics