Organisational changes at the Central Bank of Iceland
Taking effect today are changes to the Central Bank of Iceland’s organisational chart that were approved at a meeting of the Governor and Deputy Governors and ratified by the Supervisory Board, in accordance with the Act on the Central Bank of Iceland.
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Central Bank lending survey
The Central Bank conducts a quarterly lending survey among the four commercial banks. In the survey, the banks are asked for their assessment of developments in credit supply and demand; the factors that, in their opinion, had a decisive impact on supply in the past three months; and their expectations for the coming six months. The results of the most recent survey, conducted during the period 1-14 October 2023, are based on the average of the commercial banks’ responses.
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IMF Annual Meetings 2023
Ásgeir Jónsson, Governor of the Central Bank of Iceland, and Gunnar Jakobsson, Deputy Governor for Financial Stability, participated along with other representatives from the Central Bank of Iceland in the Annual Meetings of the International Monetary Fund October 9-14, 2023. The Governor represents Iceland on the Board of Governors of the IMF. He also attended the meeting of the International Monetary and Financial Committee (IMFC).
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Central Bank updates resolution plans for systemically important banks
The Central Bank resolution authority has updated the resolution plans for Iceland’s three systemically important banks – Arion Bank, Íslandsbanki, and Landsbankinn. The plans cover the execution of bank resolution in the event that their financial position deteriorates to the point that they are deemed failing or likely to fail.
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Minutes of the Monetary Policy Committee meeting of 2 - 4 October 2023
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.
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