SPAREBANKEN MØRE

 (3.7; 7 ratings)
3.7 7
Business Focus
regional retail banking

SPAREBANKEN MØRE is a local savings bank, focused on retail banking and insurance products and services to local residends: private individuals, SMEs and companies. The range of products offered by SPAREBANKEN MØRE includes current accounts, payment cards, savings accounts, consumer loans, car loans and mortgage loans.

Bank Category

Savings banks

Services

retail banking
insurance

Clients

private individuals
SMEs
companies

Area Served

local municipality

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans

Ways to Bank

SPAREBANKEN MØRE delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of SPAREBANKEN MØRE
Operating_income of SPAREBANKEN MØRE
Market Share of SPAREBANKEN MØRE
Total Assets (2018)
49,940.46 mln NOK  (+4.23%)
Operating Income (2018)
721.24 mln NOK  (+6.56%)

SPAREBANKEN MØRE is the 11th largest bank in Norway in terms of total assets. In 2018 its total assets were 49 940,46 mln NOK, providing the bank with the market share of 1.29%. SPAREBANKEN MØRE is the 7th largest savings bank in Norway (out of 99 savings banks) having market share of 3.42% amongst the banks of this category. In 2018 the bank's operating income was 721,24 mln NOK.

Credit Ratings

Fitch: -
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

SPAREBANKEN MØRE is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Protected Amount
up to 2,000,000 NOK
Guarantee Fund
Norwegian Banks' Guarantee Fund
Covered Depositors
natural persons (Norwegian and foreign)
legal entities (Norwegian and foreign)
Covered Accounts
current accounts
savings accounts
time deposit accounts

SPAREBANKEN MØRE participates in the deposit guarantee scheme of Norway. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Norwegian and foreign), legal entities (Norwegian and foreign) and covers up to up to 2,000,000 NOK per bank per depositor. SPAREBANKEN MØRE is a member of Norwegian Banks' Guarantee Fund and makes its contributions into it.

SPAREBANKEN MØRE is a member of Eika Gruppen (Norway).

Contacts

Keiser Wilhelmsg 29-33, 6003, ÅLESUND, Norway

SPAREBANKEN MØRE is located in ÅLESUND.

Bank Identifiers

LEI
5967007LIEEXZX5PU005
Company Number
937899319

Bank Supervision

Supervised By
Financial Supervisory Authority of Norway
Reference Number
937899319

SPAREBANKEN MØRE is authorized and supervised by the Financial Supervisory Authority of Norway (reference number 937899319).

Bank History

Start Date
01 January 2006

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