Kvika is a financial conglomerate with five main areas of operation – commercial banking, investment banking, asset management, insurance, and operations in the UK.
Kvika provides investors, businesses and institutions with customised financial services and offers private customers a range of financial solutions via specialised brands.More
Our investment banking division provides a range of professional services in the fields of securities and foreign exchange transactions and corporate finance services.More
TM, a subsidiary of Kvika, is an insurance company which is a leader in digital insurance solutions, focusing on simplifying insurance matters.More
Kvika Asset Management is a subsidiary of Kvika providing a wide range of asset management and investment services with focus on long-term performance.More
Kvika runs a wide range of investment banking and asset management operations in the UK for both Icelandic and foreign customers.More
The Kvika Group has published its first sustainability report in parallel to its annual accounts. An integral part of this report is an annual allocation and impact report relating to Kvika’s Green Financial Framework.
Sustainability Report - Web version
Kvika’s pre-tax profit amounted to ISK 1,412 million in Q1 2023, in line with expectations despite net investment income considerably under expectations. Return on tangible equity before taxes (RoTE) was 13.1% in the period.
Merger discussions between Íslandsbanki hf. and Kvika banki hf. are proceeding. As has been reported previously, discussions began in February, following approval by the board of directors of both companies. The companies’ boards believe that the merger can bring significant benefits to shareholders and customers of both.
Refined Brands, the digital ethical fashion group founded in 2021, has successfully completed three new acquisitions in the ethical fashion space in recent months, furthering Refined Brands' commitment to creating a positive impact on people and the planet through sustainable and responsible business practices.