Kvika Bank – ESG risk research and ESG rating

We at sustainAX have ESG risk researched and ESG risk rated Kvika Bank and our clients can access the reseach on their Bloomberg terminals.

Kvika Bank is in the materiality based sector of FINANCE.

About the company:

Kvika is a financial conglomerate with five main areas of operation – commercial banking, investment banking, asset management, insurance, and operations in the UK. - Kvika banki hf. was created in 2015, following a merger between MP Fjárfestingarbanki hf. (MP Banki) and Straumur fjárfestingabanki hf, and the Kvika Group was formed through a three way merger in 2021 between Kvika, TM tryggingar hf. and Lykill a vehicle financing company. Kvika banki hf. Is the parent company of the group, regulated by the Icelandic FSA as a financial conglomerate due to the significance of the group’s insurance operations. The group has four operating segments; the commercial and investment banking operations are operated within Kvika Banki (a regulated bank), while the Insurance, Asset Management and Kvika Securities Ltd. (UK) are operated in separate subsidiaries fully owned by the parent company.

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