Landsbanki Reviews

1 Review
3.0
1 Review

Recommend to a friend
Approve of CEO
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Halldór J. Kristjánsson
0 Ratings
  1.  

    growing but also proliferating

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - IT in Frankfurt am Main (Germany)
    Current Employee - IT in Frankfurt am Main (Germany)

    I have been working at Landsbanki

    Pros

    Not a huge company but continously growing. Short ways of communication. This brings great opportunities to change something and to advance in your career. Easy to get responsibility. Nice people, international teams. Autonomous and independent work style.

    Cons

    Sometimes objectives and strategies seem to be random. Outdated IT infrastructure. Lack of unified software platforms within the branches. However this is subject to change (slowly). Sometimes high workloads caused by a lack of workforce. Management spends a lot of cash on events instead of investing into workforce or infrastructure. Not the highest pay, motivates talented people to leave.

    Advice to ManagementAdvice

    Should emphasize on consolidation and renewal of IT. Hire more people to get rid of bottlenecks. Controlling and Feedback of work results should be more consequently.

    No opinion of CEO

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Additional Info

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Website www.landsbanki.is
Headquarters Reykjavik, Iceland
Size 1000 to 5000 Employees
Founded Unknown
Type Government
Industry Finance
Revenue Unknown / Non-Applicable per year

No man is an island, and no bank is an island either, not even NBI, also known as New Landsbanki Íslands (pronounced Ees-lands). Formerly Landsbanki Íslands, the bank was snared by the global subprime mortgage crisis and was nationalized (and renamed) in 2008 after it lost a quarter of its value against the euro in one day. A leader in domestic deposits and loans, the bank had focused in the last few years on investment banking activities (securities trading, brokerage, corporate advisory), which led to its downfall. Its online banking operations, Icesave, had been popular... More

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