Kvika Securities Ltd.


Hafsteinn Hauksson Chief Economist of Kvika

Hafsteinn Hauksson has been appointed Chief Economist of Kvika.

18 January 2024

Richard Beenstock new CEO of Kvika Securities Ltd.

The Board of Kvika Securities Ltd. (KSL) has appointed Richard Beenstock as the new CEO of KSL.

6 December 2023

Armann Thorvaldsson new CEO of Kvika banki

The Board of Kvika banki has engaged Armann Thorvaldsson as the bank’s CEO, effective as of today.

20 August 2023

Kvika banki decides to discontinue merger negotiations with Islandsbanki

In light of the events of the past few days and the fact that a shareholder meeting will likely be called at Islandsbanki with a possible election of its board of directors, Kvika banki's board of directors have decided to discontinue merger negotiations.

30 June 2023

Kvika banki hf. Financial Results for the year 2022 and Earnings Outlook for the Next Four Quarters

Earnings Excluding Net Financial Income in line with Expectations

15 February 2023

Kvika banki and Islandsbanki commence merger discussions

Kvika believes that merging the two banks would create a strong financial institution with an optimal revenue combination.

9 February 2023

Kvika banki receives an ESG rating with excellent results

Kvika banki receives a score of 86/100 and an A3 rating, which is well above average in all ESG categories when compared to the 35 domestic issuers.

20 December 2022

Kvika Publishes Its Sustainability Report

Kvika publishes its first sustainability report

24 February 2022

Financial Results of Kvika banki hf. for 2021

Good Performance Across All Segments

24 February 2022

Acquisition of Ortus Secured Finance

Kvika Securities has completed the acquisition of a majority shareholding in Ortus Secured Finance

24 February 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

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

Kvika granted broader operating licence in the UK

The British Financial Conduct Authority has granted a subsidiary of Kvika Bank hf., Kvika Securities Ltd., an operating licence as an Alternative Investment Fund Manager.

22 January 2019

Kvika increases funding for OSF II in the UK

Kvika, and its subsidiary in the UK, have concluded a GBP 12.5 million increase in funding for the British investment company OSF II.

3 December 2018

Kvika leads a group of investors investing in healthcare companies in the UK

Kvika has completed an investment project in the UK in which it led a group of domestic and foreign investors in the acquisition of a majority stake in the British company Cornerstone Healthcare.

3 October 2018

Kvika listed on First North Iceland

Trading in Kvika’s shares started on First North Iceland today. Kvika is the first bank to be listed on the Icelandic stock market since the financial crisis.

16 March 2018

Kvika’s Incentive Fund

The Incentive Fund is a cooperation project between Kvika and the Federation of Icelandic Industries aimed at promoting the discussion and awareness of the importance of vocational education and training and the significance of the professions related to it in the economy.

12 March 2018