Sparebanken Møre Group
Presentation June 2021
Contents
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02
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The Bank and our main market
Recent developments and status
Going forward
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The leading bank in our region
- More than 200 authorized advisors in the retail and corporate market
- Specialist environment situated in our main office in Ålesund
- High availability and strong local knowledge through our distribution channels
- We have a strong dedication for small and large communities
81.1 | 27 | 343 |
billion in Total Assets | branch offices | man years |
3
Sparebanken Møre
- Sparebanken Møre was established in 1985 as a result of mergers between local saving banks in the county of Møre og Romsdal, the oldest bank was established in 1843.
- A number of savings banks have also merged with Sparebanken Møre since then, and the Bank is currently the ninth largest Norwegian bank.
- Sparebanken Møre is a wholly independent savings bank with focus on core banking
- The bank is not a part of any of the bank alliances in Norway but follow the contract banking principle
Nordvestlandet
Main market
Sparebanken Møre's main market of operation is the county of Møre og Romsdal
Employment in various industries
• Located in mid-western part of Norway |
• Population in the county of 268 000 |
• 14,355 square km, mostly coastal area |
• Important sectors in our county are fisheries, tourism, maritime- |
and oil related industry, nevertheless, more than 2/3 of the |
workforce is employed in the public and private service sector |
• The export of food from the county represents about 1/3 of total |
export of food from Norway, mainly fish and fishery products |
50
45
40
35
30
25
20
15
10
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0
Employment in the various industries
• Registered unemployment are 2.2 per cent in May 2021, |
compared to 3.0 per cent in the country as a whole - also |
illustrating local business` sustained strong will and ability to |
adapt to a new environment |
Primary Manufacturing Construction Private services Public services Other industries industries
Møre og Romsdal Mainland-Norway
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Sparebanken Møre published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 20:27:38 UTC.