Challenger bank
Kvika is a financial conglomerate with five main areas of operation – commercial banking, investment banking, asset management, insurance, and operations in the UK.
Kvika Group
Commercial Banking
Kvika provides investors, businesses and institutions with customised financial services and offers private customers a range of financial solutions via specialised brands.
MoreInvestment Banking
Our investment banking division provides a range of professional services in the fields of securities and foreign exchange transactions and corporate finance services.
MoreInsurance
TM, a subsidiary of Kvika, is an insurance company which is a leader in digital insurance solutions, focusing on simplifying insurance matters.
MoreAsset Management
Kvika Asset Management is a subsidiary of Kvika providing a wide range of asset management and investment services with focus on long-term performance.
MoreUK
Kvika runs a wide range of investment banking and asset management operations in the UK for both Icelandic and foreign customers.
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Sustainability
Sustainability Report 2023
The Kvika Group has published its sustainability report in parallel to annual accounts for 2023.
News
21. February 2025
Landsbankinn's acquisition of TM approved
The Competition Authority has announced that a settlement has been reached with Landsbankinn regarding the acquisition of 100% of TM tryggingar’s share capital from Kvika bank.
27. August 2024
Gudmundur Thordarson appointed manager of business development
Gudmundur will lead the Kvika group's customer relations as well as coordinate the marketing efforts of the bank's revenue divisions. He will also develop new products and services in collaboration with other areas of the bank.
19. March 2024
Hugrún Sif Harðardóttir has been appointed internal auditor of Kvika banki
With approximately 15 years of experience in the financial sector, she brings extensive expertise in internal auditing, operational risk management, and process optimization.