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
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.