Landsbankinn (Icelandic pronunciation: [ˈlan(t)sˌpauŋcɪn], lit.

It is the largest bank in Iceland and the history of its predecessor goes back to 1885.

In recent years, the bank has faced criticism for shutting down and reducing the opening hours of several of its branches in smaller towns throughout Iceland.

was created 9 October 2008, after the government had taken control of the insolvent Landsbanki two days earlier and decided to split all domestic operations into this new surviving version of the bank, while leaving the remaining foreign operations of Landsbanki for bankruptcy and winding-up proceedings.

[clarification needed] The allocation of the remainder of the shares was completed in February 2014.