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.


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.

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