# Landsbankinn (Iceland)

> Source: https://docs.barcoder.ai/docs/wallets/landsbankinn
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Landsbankinn — official](https://www.landsbankinn.is/)

## Key details

- **Parent:** assets

## Overview

**Landsbankinn (Iceland)** is **Icelandic state-owned commercial bank post-2008 Iceland banking collapse + good-bank spin-off of failed Landsbanki** + **Iceland's largest commercial bank by assets** + **Icelandic government majority controlling via Ministry of Finance** + **~200,000 customers - majority of adult Icelandic population (~380k total population)** <sup>[1][1], [Iceland report](https://docs.barcoder.ai/docs/payments/IS)</sup>. **2025 baseline**: Landsbankinn Iceland's largest commercial bank by assets + Icelandic government majority controlling.

## History

**1885 — Landsbanki Íslands founded** distinctive Icelandic banking heritage.

**Oct 2008 — Iceland banking collapse + Landsbanki nationalisation + failed Landsbanki UK subsidiary Icesave crisis + Landsbanki bankruptcy** distinctive Iceland banking crisis heritage.

**Oct 7 2008 — Landsbankinn hf founded as Icelandic state-owned commercial bank + good-bank spin-off of failed Landsbanki** distinctive post-2008 Iceland banking restructuring.

**2012 — Landsbankinn Mobile Banking app launch** distinctive Icelandic mobile banking strategy.

## Ownership & operator

**Operating entity**: **Landsbankinn hf** (Icelandic state-owned commercial bank since 2008 post-2008 Iceland banking collapse + good-bank spin-off of failed Landsbanki; Iceland's largest commercial bank by assets).

**Major shareholders**: **Icelandic government (Ministry of Finance) majority controlling via Bankasýsla ríkisins (Iceland State Financial Investments) + minority Icelandic retail + institutional investors**.

**Regulators**: **Seðlabanki Íslands (Central Bank of Iceland) + Fjármálaeftirlitið (Financial Supervisory Authority Iceland)**.

## Technical integration

Landsbankinn Mobile Banking app (iOS + Android; ~200,000 customers) + landsbankinn.is online + Landsbankinn branch network across Iceland + Landsbankinn Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + Aur (Icelandic mobile P2P payment app) + Kass (Icelandic mobile P2P payment app).

## Implementations & partners

**Major Icelandic banking + payments competitors**: Íslandsbanki (Íslandsbanki Icelandic commercial bank; ICEX: ISB) + Arion Bank (Arion Bank Icelandic commercial bank; ICEX: ARION) + Kvika banki (Kvika banki Icelandic commercial bank; ICEX: KVIKA) + Aur (Aur Icelandic mobile P2P payment app + small-business merchant payments) + Kass (Kass Icelandic mobile P2P payment app).

**Regulators**: Seðlabanki Íslands + Fjármálaeftirlitið.

## Status

**Active, Icelandic state-owned commercial bank + Iceland's largest commercial bank by assets + Icelandic government majority controlling + ~200,000 customers - majority of adult Icelandic population** <sup>[1][1], [2][2]</sup>:
- **Landsbankinn hf (Icelandic state-owned commercial bank since 2008)** since 1885 Landsbanki Íslands founding + Oct 2008 Iceland banking collapse + Landsbanki nationalisation + failed Landsbanki UK subsidiary Icesave crisis + Landsbanki bankruptcy + Oct 7 2008 Landsbankinn hf founded as Icelandic state-owned commercial bank + good-bank spin-off of failed Landsbanki + 2012 Landsbankinn Mobile Banking app launch.
- **Seðlabanki Íslands + Fjármálaeftirlitið regulated**.

## Sources

[1]: https://www.landsbankinn.is/english "Landsbankinn — official"
[2]: https://en.wikipedia.org/wiki/Landsbankinn "Landsbankinn — Wikipedia"
[is-cro]: https://docs.barcoder.ai/docs/payments/IS

- [1] [Landsbankinn — official][1]
- [2] [Landsbankinn — Wikipedia][2]
- <sup>[Iceland report](https://docs.barcoder.ai/docs/payments/IS)</sup> In-corpus: `reports/countries/IS-iceland.md`

## Source

Biography extracted from [landsbankinn.md](https://docs.barcoder.ai/source/wallets/landsbankinn). See `matrix.md` for standards-support matrix if present.