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.
MoreOur investment banking division provides a range of professional services in the fields of securities and foreign exchange transactions and corporate finance services.
MoreTM, a subsidiary of Kvika, is an insurance company which is a leader in digital insurance solutions, focusing on simplifying insurance matters.
MoreKvika Asset Management is a subsidiary of Kvika providing a wide range of asset management and investment services with focus on long-term performance.
MoreKvika runs a wide range of investment banking and asset management operations in the UK for both Icelandic and foreign customers.
MoreThe 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.
It is Kvika's intention to sell all outstanding shares in TM or sell shares in the company to cornerstone investors, which may result in a listing.
Elísabet G. Björnsdóttir has been appointed chief risk officer and will join the bank‘s executive committee.
Following a strategic review at Kvika banki the board of directors of Kvika has decided to initiate a process for the sale or listing of its insurance subsidiary TM tryggingar.