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Sparebanken More (SPMO.OL)

SPMO.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sparebanken Møre enters loan agreement with Den Nordiske Investeringsbank
Tuesday, 20 Dec 2016 06:10am EST 

Sparebanken Møre : Enters loan agreement with Den Nordiske Investeringsbank for 500 million Norwegian crowns ($57.5 million) . Loan to run for 5 years .Proceeds aimed for environmental projects and projects to give more market power to small and medium businesses in region.  Full Article

Sparebanken Møre: Pilar 2-requirement set at 1.8 pct
Wednesday, 16 Nov 2016 05:17am EST 

Sparebanken More : Finanstilsynet has set Sparebanken Møre's Pilar 2-requirement at 1.8 percent .Core capital requirement for the bank will be 13.3% at end-2016.  Full Article

Sparebanken Møre Q2 net income rises to NOK 186 million
Wednesday, 10 Aug 2016 01:00am EDT 

Sparebanken Møre : Q2 net interest income 275 million Norwegian crowns ($32.9 million) versus 275 million crowns year ago . Q2 reversal of loan losses 3 million crowns versus loan losses 7 million crowns year ago . Q2 net income 186 million crowns versus 139 million crowns year ago . Says level of losses in Sparebanken Møre is expected to remain low this year .Says group's cost income ratio this year is expected to remain within the internal target of 45 pct..  Full Article

Sparebanken More CEO to retire on 1. April 2017
Thursday, 21 Apr 2016 01:03am EDT 

Sparebanken More:CEO Olav Arne Fiskerstrand to retire on 1. April 2017.  Full Article

Moody's assigns long-term A2 Issuer Ratings to Sparebanken More
Thursday, 31 Mar 2016 10:09am EDT 

Sparebanken More:Moody's Investors Service has assigned long-term A2 issuer ratings to Sparebanken Møre with a stable outlook.  Full Article

Sparebanken More proposes dividend for 2015
Thursday, 28 Jan 2016 01:25am EST 

Sparebanken More:Recommends paying out a cash dividend of 11.50 Norwegian crowns per equity certificate for 2015.  Full Article

Sparebanken Møre: Moody's rating upgrade
Tuesday, 12 May 2015 03:23am EDT 

Sparebanken More:Moody's rating upgrade for Sparebanken Møre.BCA (Baseline Credit Assessment) and adjusted BCA raised to baa1 from baa2.Long-term deposit rating upgraded to A2 from A3 and short-term deposit rating upgraded to Prime-1 from Prime-2.Long-term CR (Counterparty Risk) assessment of A1 (cr) and short-term CR assessment P-1(cr)assigned.  Full Article

Sparebanken More announces guidance for FY 2015
Thursday, 30 Apr 2015 01:00am EDT 

Sparebanken More:Lending growth is expected to slow down during FY 2015.  Full Article

Moody's Investor Service changes Sparebanken Møre's rating
Wednesday, 18 Mar 2015 07:59am EDT 

Sparebanken More:Says Moody's Investor Service has changed Sparebanken Møre's rating from A3 Negative Outlook to A3 Review for upgrade.  Full Article

BRIEF-Sparebanken Møre: Pilar 2-requirement set at 1.8 pct

* Finanstilsynet has set Sparebanken Møre's Pilar 2-requirement at 1.8 percent