News

20.6.2017 : Kvika makes an offer to purchase all share capital of Virðing

Kvika's Board of Directors has submitted an offer to acquire all share capital in Virðing hf. If the acquisition is effected the two companies will be merged.

The offer provides for a purchase price of ISK 2,560 million, to be paid in cash. The acquisition is subject to certain conditions, including the approval by shareholders of both companies and regulatory consent.

20.6.2017 : Bjarki Sigurðsson joins Kvika

Bjarki Sigurðsson has joined Kvika's private banking team. Bjarki has extensive banking experience, having worked in private banking and securities advisory at Arion Bank and its predecessors since 1999.

17.6.2017 : Kvika completes auction of bills

Kvika banki hf. has concluded an offering of  6-month bills in the new series KVB 17 1221.

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