Subsidiaries, associate- and product companies

Eiendomsmegler Vest

The company is wholly owned by Sparebanken Vest and is a leading regional player in the real estate market in Western Norway.
www.emvest.no

Sparebanken Vest Boligkreditt AS

The company is wholly owned by Sparebanken Vest. It was founded in 2008 for the purpose of financing the group’s housing loan portfolio by issuing covered bonds.
www.spv.no/boligkreditt

Norne Securities AS

Securities company that was formed in 2008. Norne provides consultancy services to capital market participants and specialises in savings banks and their customers. The company has three business areas: Online stock and fund brokerage, corporate finance advice and trading in securities for professional investors. The company’s head office is in Bergen, and it also has an office in Oslo. Sparebanken Vest is the biggest owner with a holding of 47.6%. Norne is otherwise owned by 13 other independent savings banks (total holding of 49.5%) and Must Holding AS (2.9%).
www.norne.no

Frende Forsikring

Consists of the sister companies Frende Livsforsikring and Frende Skadeforsikring.The company was formed in 2007 and its head office is in Bergen. Sparebanken Vest has a holding of 41.4% in the parent company Frende Holding AS. The company is owned by 14 independent savings banks in addition to Varig Forsikring Nordmøre and Romsdal, Varig Hadeland Forsikring and Varig Orkla Forsikring.
www.frende.no

Brage Finans AS

Financing company formed in 2010 with its head office in Bergen. In addition to Sparebanken Vest, which is the biggest owner with a holing of 49.99%, Brage Finans is owned by 11 other independent banks. The company offers customised financing products with the main emphasis on the leasing of all types of operating equipment, plus loans secured by the purchased object.
www.brage.no

Balder Betaling AS

The company was established in 2017, among other things to exercise ownership of the payment service Vipps together with 14 other independent savings banks. Sparebanken Vest is the biggest owner of Balder Betaling with a holding of 36.6%.