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 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.
News
20. December 2022
Kvika receives an ESG rating from Reitun with excellent results
The Icelandic analysis and assessment company Reitun has published its latest ESG assessment for Kvika, giving the bank a score of 86/100 and an A3 rating, which is an excellent rating under Reitun´s assessment.
05. December 2022
Changes to organizational chart and management team
The objective of the changes is to better prepare the company for continued operational success and to adjust its structure to a growing company which continues to lead increased competition and innovation in the financial market.
18. August 2022
Financial Results for the First Six Months of 2022 and Earnings Outlook for the Next Four Quarters
Kvika’s pre-tax profit for the first six months of 2022 amounted to ISK 2,167 million. The return on weighted tangible equity before taxes was 10.0% for the period.