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 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.


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.

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.

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