Note 9

Transactions with related parties
These are transactions between the Parent Bank and wholly-owned subsidiaries based on the arm`s length principles.
The most important transactions eliminated in the Group accounts:
PARENT BANK30.06.201830.06.201731.12.2017
Statement of income   
Interest and credit commission income from subsidiaries152028
Received dividend and group contribution from subsidiaries152156156
Rent paid to Sparebankeiendom AS9817
Administration fee received from Møre Boligkreditt AS171530
Statement of financial position   
Claims on subsidiaries1 1731 2351 328
Covered bonds2 214150425
Liabilities to subsidiaries1 104162102
Accumulated loan portfolio transferred to Møre Boligkreditt AS23 87820 54021 164