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Tag Archive | "interest rates"

Iceland keeps interest rates unchanged


The Central Bank of Iceland today decided to keep interest rates unchanged at 4.5 percent and the bank’s director said that a lot would have to change for rates to go down again. Read the full story

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Iceland interest rates remain unchanged


The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The deposit rate (current account rate) will remain 3.25%, the maximum bid rate for 28-day certificates of deposit (CDs) 4.0%, the seven-day collateralised lending rate 4.25%, and the overnight lending rate 5.25%. Read the full story

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Long line of Iceland interest rate cuts comes to an end


(Central Bank of Iceland press release): The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. Read the full story

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Yet another interest rate cut for Iceland


(press release) The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to lower the Bank’s interest rates by 0.25 percentage points. Read the full story

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Press release: Fair Resolution Ensured through Legislation


Press release: The Supreme Court of Iceland has today pronounced its verdict in Case No. 471/2010, that interest should be calculated on unlawfully foreign-denominated automobile loans in accordance with the interest rates published by the Central Bank of Iceland. The Government is determined to ensure fairness, resolve issues and improve the situation of debtors. Read the full story

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Lowest Iceland interest rates in six years


The Central Bank of Iceland yesterday lowered its interest rate to its lowest level in six years. The one percent drop to seven percent was bigger than any in recent months. Read the full story

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Iceland lowers interest rates


Seðlabankinn1The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. Read the full story

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Central Bank of Iceland lowers interest rates


SeðlabankinnThe Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. The deposit rate (current account rate) will be 7.0%, and the maximum bid rate for 28-day certificates of deposit (CDs) will be 8.25%. The seven-day collateral lending rate will be 8.5% and the overnight lending rate 10.0%. Read the full story

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Norwegian Central Bank keeps key policy rate unchanged


norway-krone-little1The Norwegian Central Bank announced last week that it would not be making any changes to the key policy rate. The Executive Board agreed to maintain the 1.75 percent level that was approved at a previous meeting in December last year. Read the full story

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Iceland lowers interest rates


SeðlabankinnCentral Bank of Iceland press release: The Monetary Policy Committee (MPC) has voted to lower Central Bank interest rates by 0.5 percentage points. Read the full story

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