Kvika Securities Ltd.

News

Moody’s upgrades Kvika banki’s deposit ratings to Baa1; outlook remains stable

Moody’s Investors Service (“Moody’s”) today announced that it has upgraded Kvika Banki hf.’s („Kvika“) long-term deposit ratings to Baa1 from Baa2.

29 June 2022

Moody’s Investors Service assigns Kvika banki hf. Baa2/Prime-2 ratings with outlook stable

International ratings agency Moody’s Investors Service („Moody‘s“) has assigned a first time Baa2 long-term and Prime-2 short-term foreign and local currency bank deposit and issuer ratings to Iceland’s Kvika Banki hf („Kvika“).

11 May 2022

Kvika Publishes Its Sustainability Report

Kvika has published its sustainability report for 2021. The report marks a turning point as this is the first time Kvika has published such a report. Until now, ESG reports have been published annually, but such information is now part of the sustainability report.

22 February 2022

Kvika to acquire majority share in Ortus Secured Finance Ltd.

Kvika banki hf. has agreed heads of terms with the shareholders and the management team of Ortus Secured Finance Ltd. to acquire a majority shareholding in Ortus.

25 October 2021

Kvika publishes a green financing framework for the first time

Kvika has issued a Green Financing Framework which frames the bank’s policy on green financing and lending. The Green Financing Framework describes, among other things, the bank’s sustainability policy, Kvika’s sustainability governance, and how funds are to be allocated to finance or re-finance green projects, including environmentally friendly lending.

12 October 2021

Kvika Bank has received a commendation of good governance for the year 2020

Kvika Bank has received a commendation of good governance for the year 2020.

26 August 2021

UNICEF Iceland and Kvika Renew Partnership Agreement

UNICEF Iceland and Kvika Bank signed a two-year partnership agreement this week, this co-operation with Kvika has become one of the most successful corporate partnerships here in Iceland. Kvika has been the main partner of UNICEF Iceland in the banking sector since 2011, and, on top of that, also a distinct Patron of Global Parents.

26 August 2021

Marinó Örn Tryggvason and Sigurður Viðarsson rang the opening bell at Nasdaq Iceland

Opening bell at Nasdaq Iceland on the first day of trading.

6 April 2021

Kvika has acquired all shares in Aur app ehf.

Kvika has today completed the acquisition of 100% shares in Aur app ehf.

22 March 2021

Financial Results of Kvika banki hf. for 2020

Good results and growth in all income streams.

17 February 2021

Financial results for the first nine months of 2020

Good results and strong growth in fee and commission income.

12 November 2020

Kvika's asset management operations merged to form a single company Kvika Asset Management

One of the largest asset and fund management companies in Iceland.

1 September 2020

Bank of the Year 2019

Kvika has been awarded Bank of the Year 2019 by the Banker for the second time in a row.

8 January 2020

Announcement regarding GAMMA Capital Management

30 September 2019

Marinó Örn Tryggvason new CEO of Kvika

The Board of Directors of the bank has appointed Marinó Örn Tryggvason new CEO of Kvika.

27 May 2019

Kvika to the Main Market

Today Kvika banki started trading of its shares on the Main Market of Nasdaq Iceland.

28 March 2019

Auður, daughter of Kvika

Auður offers savings accounts for individuals with 4% interest.

12 March 2019

Kvika acquires GAMMA

All of the conditions for the acquisition have now been fulfilled.

7 March 2019

New incentive fund for student teachers

The objective of this new incentive fund for student teachers is to promote the discussion and awareness of the importance of teacher education.

6 March 2019

Kvika increases its profit

Kvika increases its profit by 10%. The greatest growth was in income from asset management.

28 February 2019