A specialised 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’s purpose is to foster competition and simplify customer finance by utilising infrastructure and financial strength. Kvika’s values are long-term thinking, simplicity, and courage. We focus on thinking into the future and promoting a sustainable society through active participation.’

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.


Investment Banking

Our investment banking division provides a range of professional services in the fields of securities and foreign exchange transactions and corporate finance services.



TM, a subsidiary of Kvika, is an insurance company which is a leader in digital insurance solutions, focusing on simplifying insurance matters.


Asset 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.



Kvika runs a wide range of investment banking and asset management operations in the UK for both Icelandic and foreign customers.


Kvika Asset Management

Financial services with focus on long-term performance

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Sustainability Report 2021

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.


25. February 2022

Kvika Publishes Its Sustainability Report

The report marks a turning point as this is the first time Kvika has published such a report.

24. February 2022

Financial results for the year 2021

At a board meeting on 24 February 2022, the Board of Directors and the CEO approved the annual financial statements of the Kvika banki hf. (“Kvika”) group for the year 2021.

22. December 2021

Kvika and Klappir Green Solutions sign a letter of intent to establish a Climate Fund.

Kvika Bank, Kvika Asset Management and Klappir Green Solutions sign a letter of intent to establish a Climate Fund.

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