Sparebanken Møre Group consists of the Parent Bank and three wholly owned subsidiaries: Møre Boligkreditt AS, Møre Eiendomsmegling AS and Sparebankeiendom AS. Sparebankeiendom AS 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 2016||NOK million|
|Net loans to customers||19 810|
|Debt Securities issued (covered bonds)||18 209|
|Net interest income||242|
|Profit after tax||156|
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 16 employees and offices in Molde, Ålesund and Ørsta. The company traded 352 properties in 2016. Managing Director of Møre Eiendomsmegling AS is Mona Helen Sørensen.
|Key Figures 2015||NOK million|
|Profit after tax||-1,90|
"Dedicated real estate agents"