A particular concern is "how weak" the Icelandic stock market is

Given the macroeconomic importance of an efficient stock market, its weakness in Iceland is “a particular concern,” according to a Kvika executive, but the bank was not spared from the difficult market conditions in the first quarter, with lower trading income and a decline in assets under management. Kvika’s CEO, who delivered solid results with profitability just below its target, admits that Aur’s transformation to offer a broader range of ba…