Tryggingamidstoedin hf (TMGN)

As of March 30, 2021, TM hf. was acquired by Kvika banki hf. Kvika banki hf., a specialized bank, provides asset management and investment products and services in Iceland and the United Kingdom. Its products and services include fund management services; finances to enterprises; loans to institutional investors; financing solutions, including project financing, portfolio financing, bridge lending, mezzanine lending, and wholesale funding for fintech solution providers; securities brokerage and foreign exchange market services; and advisory services related to investments and financing with a focus on corporate acquisitions and divestments, and initial public offerings. The company’s products and services also include investment banking services with a focus on acquisitions, divestments and mergers, financing and financial restructuring, and listings and delisting of equities and bonds; services to listed companies and companies seeking to list on a regulated stock exchange; and private banking and deposit products and services to high-net worth individuals, businesses, and market participants. It also provides property and casualty, marine, and life and health insurance products and services primarily in Iceland; asset leasing products and services by financing commercial equipment, real estate, and vehicles for companies and individuals; and operational lease services. The company was founded in 1956 and is headquartered in Reykjavik, Iceland.