Sparebanken Møre Group consists of the Parent Bank and three wholly owned subsidiaries: Møre Boligkreditt AS, Møre Eiendomsmegling AS and Sparebankeiendom AS. Sparebankeiendom is a real estate company that owns and manages the Bank's own commercial properties.



Møre Boligkreditt AS

Møre Boligkreditt AS is a wholly owned subsidiary of Sparebanken Møre. The company’s purpose is to acquire mortgages from Sparebanken Møre and finance these through issuing covered bonds. Covered bonds are among the most actively traded private bonds on the Oslo Stock Exchange, and is, next to government bonds, considered to be one of the safest securities in the Norwegian market. Møre Boligkreditt AS is Sparebanken Møre’s primary source of long-term funding, and the company has issued covered bonds in both NOK and SEK, as well as EUR. Covered bonds issued by Møre Boligkreditt AS are listed on Oslo Stock Exchange as well as London Stock Exchange. Managing Director of Møre Boligkreditt AS is Ole Andre Kjerstad.



KEY FIGURES 2014 NOK million

Net loans to customers

15 544
Debt securities issued (covered bonds) 13 698
Net interest income      616
Profit after tax      191


 Aaa-rated by Moody's



Møre Eiendomsmegling AS

The company was established in 1992 and acquired by Sparebanken Møre in 2005. Møre Eiendomsmegling AS provides real estate brokerage services in the purchase and sale of homes, leisure homes, project brokering and business brokering. They are among the largest and most experienced broker communities in Møre og Romsdal and have 19 employees and offices in Molde, Ålesund and Ørsta. The company brokers around 450 properties annually. CEO of Møre Eiendomsmegling AS is Mona Helen Sørensen.


KEY FIGURES 2014 NOK million
Turnover 22,0
Profit after tax -0,8
Equity 11,0


"Through a strong and competent team, we will gain market shares"