At a Board meeting on 17 February 2021, the Board of Directors and the CEO approved the annual financial statements of Kvika banki hf. for the year 2020. Highlights of the Annual Financial Statements Pre-tax profit amounted to ISK 2,339 million.Net after-tax profit amounted to ISK 2,273 million.After-tax return on equity (ROE) was 14.2%.Earnings per share (EPS) were ISK 1.10.Net operating income amounted to ISK 8,666 million.Operating expenses amounted to ISK 5,724 million.Total assets were ISK 123.2 billion.Group equity amounted to ISK 19.2 billion.The equity ratio was 28.3%, taking the dividend policy into account.Liquidity coverage ratio (LCR) was 266 % at year-end.Total assets under management were ISK 527 billion.At year-end, full-time employees numbered 160. A presentation of the results for market participants and shareholders will be held on Thursday, 18 February, at 11:30 am, in the bank's headquarters at Katrínartún 2, 105 Reykjavík. Light refreshments wil
The board of directors of Kvika banki hf. is set to approve the financial statement of the bank for 2020 at a board meeting on Wednesday 17 February. The.
Kvika banki hf. has today issued senior unsecured bonds in British Pounds in the amount of GBP 12,000,000 in a new series KVB 20 01. The tenor of the bonds.
Kvika banki hf.: Announcement regarding increase in share capital
January 29, 2021 08:50 ET | Source: Kvika banki hf. Kvika banki hf. Reykjavík, ICELAND
Icelandic
On 28 January 2021 Kvika banki hf. („the Company“) announced that the Board of Directors had exercised its authority according to Temporary Provision II and IV of the Company‘s Articles of Association to increase its share capital by ISK 25,256,665 for the purpose of fulfilling the exercising of subscription rights.
The share capital increase has now been registered by the register of undertakings of the Directorate of Internal Revenue and the share capital amounts to nominal value of ISK 2,166,256,162.
It will be requested that the new shares will be issued by the Nasdaq central securities depository and that the shares will be listed for trading on the Main Market of Nasdaq Iceland.