18 June 2021

Special Publication no. 15: Capital requirements and financial stability

The Central Bank of Iceland has published a report on capital requirements and financial stability. The publication contains an accessible summary of the capital requirements in effect in Iceland, in view of the global regulatory framework and its evolution in recent decades.

08 June 2021

IMF Executive Board completes Article IV Consultation on Iceland

The Executive Board of the International Monetary Fund completed its Article IV Consultation on the status and outlook for the Icelandic economy on Friday June 4. The IMF holds similar consultations with member countries every one to two years on the basis of Article IV of the Articles of Agreement of the IMF.

02 June 2021

Minutes of the Monetary Policy Committee meeting of 17-18 May 2021

In accordance with the Monetary Policy Committee Rules of Procedure, the minutes of the Committee's most recent meeting have been published on the Bank's website. The minutes are published two weeks after the announcement of the Committee‘s decision.

01 June 2021

Current account deficit 27.1 b.kr. in Q1/2021 – net IIP positive by 36,2% of GDP

The current account showed a deficit of 27.1 b.kr. in Q1/2021. That represents a deterioration of 50.4 b.kr from the preceding quarter and of 38.8 b.kr. from to the same quarter of 2020. The deficit on goods trade totalled 21.9 b.kr., and the deficit on services trade totalled 10.9 b.kr. There was a 12.8 b.kr. surplus on primary income and a 7.1 b.kr. deficit on secondary income.

31 May 2021

Minutes of the Financial Stability Committee meeting 12-13 April

The minutes of the Financial Stability Committee meeting 12-°13 April 2021 has been published. Committee members discussed financial stability developments and prospects, the economic situation, developments in the domestic financial markets, the position of and risk in the financial system and in the operations of individual financial institutions, default, the real estate market, stress tests, systemically important financial institutions, the financial cycle, and the tasks of the resolution authority.