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.
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 2022
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.
News
17. November 2023
Kvika banki hf. initiates the sales process of TM tryggingar hf.
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.
04. October 2023
Elísabet G. Björnsdóttir appointed CRO
Elísabet G. Björnsdóttir has been appointed chief risk officer and will join the bank‘s executive committee.
03. October 2023
TM Insurance to be sold or listed
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.