KVIKA fundamentals

Kvika banki hf is a specialized investment bank, which engages on asset management and capital markets. It operates through the following business segments: Insurance, Asset Management, Commercial Banking, Investment Banking, UK Operations, and Supporting Units. The Insurance segment consists of the TM insurance group offers its customers comprehensive insurance services, including life insurance. The Asset Management segment comprises of the products and services offered include asset management involving both domestic and foreign assets, private banking, and private pension plans. The Commercial Banking segment offers various forms of banking services and related advisory services, in addition to providing specialized lending services. The Investment Banking segment refers to Capital Markets and Corporate Finance. The UK Operations segment covers the asset management and corporate finance services through Kvika Securities Ltd. and specialized lending services through Ortus Secured Finance Ltd. The Supporting Units segment are functions that carries out the Bank’s support divisions, such as Risk Management, Finance, IT, and Operations, etc. The company was founded in 1999 and is headquartered in Reykjavík, Iceland.