Møre Boligkreditt AS is a wholly owned subsidiary of Sparebanken Møre. The company has a licence to operate as a mortgage company and issue covered bonds. Møre Boligkreditt AS is Sparebanken Møre's most important source of long term market funding, and an important part of the bank's funding strategy.
Legislation on covered bonds permits only specialised credit institutions to raise loans by issuing covered bonds. These institutions are licensed credit institutions, supervised by The Financial Supervisory Authority of Norway – Finanstilsynet and are subject to the ordinary Norwegian regulation of credit institutions which is in line with the corresponding EU rules.
Møre Boligkreditt AS received its license from the Norwegian FSA 6th of November 2008. By March 2009 the bank had received all necessary approvals and adjustments in relation to the loan agreements, and on the 9th March the first transaction between Sparebanken Møre and Møre Boligkreditt AS took place.
Description of the Market and the legislation
Overview authored by FNH and The Savings Banks Association
Interim report 4. quarter 2018 (PDF)
Interim report 4. quarter 2018 (digital)
Interim report 3. quarter 2018 (PDF)
Interim report 3. quarter 2018 (digital)
Interim report 2. quarter 2018 (PDF)
Interim report 2. quarter 2018 (digital)
Interim report 1. quarter 2018 (PDF)
Interim report 1. quarter 2018 (digital)
Interim report 4. quarter 2017 (digital)
Interim report 4. quarter 2017 (pdf)
Interim report 3. quarter 2017 (digital)
Interim report 3. quarter 2017 (pdf)
Interim report 2. quarter 2017 (digital)
Interim report 2. quarter 2017 (PDF)
Interim report 1. quarter 2017 (PDF)
Latest Performance Overview - 19 June 2019
Covered Bond Programme
* UCITS and CRR Compliance
** All issues have an option of 12 month soft-call, or 12 month extendable maturity