Kvika Banki

In October 2015 MP Bank was renamed to Kvika Bank. Kvika Bank is a specialised bank focusing on asset management and capital markets. Kvika Asset Management offers comprehensive solutions covering major asset classes, including fixed-income securities, equities, and real estate in both domestic and international markets.

Bank Category

Commercial banks

Business Focus

asset management

Ways to Bank

branch
online banking

Financials

Total Assets (2017)
75,596.52 mln ISK  (+26.92%)
Annual Profit (2017)
1,590.90 mln ISK  (-18.61%)

Kvika Banki is the 4th largest bank in Iceland in terms of total assets. In 2017 its total assets were 75 596,52 mln ISK, providing the bank with the market share of 2.17%. Kvika Banki is the 4th largest commercial bank in Iceland (out of 4 commercial banks) having market share of 2.19% amongst the banks of this category. In 2017 the bank's annual profit was 1 590,90 mln ISK.

Deposit Guarantee

1,700,000 ISK

Kvika Banki participates in deposit guarantee scheme of Iceland. This scheme covers accounts up to 1,700,000 ISK per bank per depositor.

Contacts

Borgartúni 25, 105, Reykjavík, Iceland
+354 540 3200

Kvika Banki is headquartered in Reykjavík.

Bank Identifiers

BIC (SWIFT)
MPBAISRE
LEI
254900WR3I1Z9NPC7D84
Company Number
540502-290

Bank History

Previous Name
MP banki hf.

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