Meeting of the Financial Stability Council
The Financial Stability Council met on Thursday 6 April at the Ministry of Finance and Economic Affairs. The topic of the meeting was risk in the financial system and the macroeconomic outlook. The Council decided to recommend that the Financial Supervisory Authority keep the countercyclical capital buffer on domestic exposures unchanged at 1.25%.
Financial Stability 2017/1
Financial Stability, 2017/1, has been posted on the Central Bank of Iceland website. The Bank’s semi-annual Financial Stability report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face. Financial Stability is also published in Icelandic under...
Financial Stability published today at 11:00 hrs.
Financial Stability, The Bank’s semi-annual report will be published today and posted on the Bank's website at 11:00 hrs. The report presents an overview of the position of the financial system, its strengths and potential weaknesses, and the macroeconomic and operational risks it may face. In addition, it explains how the Central Bank carries out...
Purchase of offshore krónur by the Central Bank of Iceland
With reference to press releases issued by the Central Bank on 12 and 23 March 2017, the Bank offers to purchase offshore króna assets as these are defined in the Act on the Treatment of Króna-Denominated Assets Subject to Special Restrictions, no. 37/2016, for cash euros, at an exchange rate of 137.5 krónur per euro. This offer applies to deposits...
New Central Bank rules on Liquidity Coverage Requirements
The Central Bank of Iceland has set new rules on credit institutions’ liquidity ratios. As before, the aim of the liquidity rules is to mitigate credit institutions’ liquidity risk by ensuring that they always have sufficient liquid assets to fulfil their obligations under stressed conditions over a specified period of time. The liquidity rules are...
Central Bank of Iceland Annual Meeting 2017: Governor’s speech
Mar Gudmundsson, Governor of the Central Bank of Iceland, delivered a speech at the Bank’s Annual Meeting today. In his speech, Mr. Gudmundsson gave an overview of economic developments and prospects and monetary policy conduct
Prime Minister of Iceland: Address at the Annual Meeting of the Central Bank of Iceland
Prime Minister of Iceland, Bjarni Benediktsson, gave an address at the 56th Annual Meeting of the Central Bank of Iceland, 30 March 2017.
Central Bank of Iceland Annual Meeting 2017: Supervisory Board Chairman’s address
Thorunn Gudmundsdottir, Chairman of the Supervisory Board of the Central Bank of Iceland, delivered an address at the Annual Meeting of the Bank today. In her address, Ms. Gudmundsdottir gave an overview of some of the Bank’s main tasks and its operating results for the year 2016.
Annual Report 2016 has been published
The Annual Report of the Central Bank of Iceland has been published on the Bank's website.
Minutes of the MPC
Here are the minutes of the Monetary Policy Committee of the Central Bank of Iceland from the meeting held on 13 and 14 March 2017. There, the Committee discussed economic and financial market developments, the interest rate decision on 15 March, and the communication of that decision.