EiendomsMegler 1 SR-Eiendom AS is the leading real estate agent in the group’s market area and the largest company in the nationwide EiendomsMegler 1 chain. Its business operations consist of brokering commercial property and selling holiday homes, new builds and used homes.
SR-Forvaltning AS is licensed to provide active management and securities management services. SR-Forvaltning expanded operations in autumn 2018 by establishing more new securities funds. At the start of 2019, the company manages eight securities funds, of which three are unit trusts, two bond funds and three balanced funds. SR-Forvaltning also manages discretionary portfolios for SpareBank 1 SR-Bank ASA’s pension fund, as well as for external customers based on discretionary mandates. The external customer base comprises pension funds, public and private enterprises, and affluent individuals. Since its start-up in 1999, the company has produced a good, long-term, risk-adjusted return for its customers, in both absolute and relative terms.
SpareBank 1 Regnskapshuset SR
The company was established in the first quarter of 2015 and has since its start-up grown from NOK 0 to almost NOK 100 million in revenue. At the start of 2019, the company has seven offices, four in Rogaland and three in Bergen and one in Agder. Since its start-up, the company has gained a solid market position in Rogaland and Hordaland within accounting services and is experiencing a good influx of new customers who need modern, efficient accounting services. Business areas within advice and payroll/HR are also growing and the company is experiencing good demand in his area in the market.
SR-Boligkreditt AS is a wholly owned subsidiary and was established in the second quarter of 2015. The purpose of the company is to purchase home mortgages from SpareBank 1 SR-Bank and funds this by issuing covered bonds. SR-Boligkreditt AS enables SpareBank 1 SR-Bank to diversify and optimise its funding. Moody’s has given SR-Boligkreditt AS its best rating, Aaa.
FinStart Nordic AS
The company was formally established on 1 January 2018 and is a startup factory for new ideas. FinStart Nordic is tasked with helping to develop an even better customer offering through the development of financial services, combined with a financial upside. FinStart Nordic acquired ownership interests in six companies in 2018.
Monner provides comprehensive services to businesses in the start-up and growth phases throughout Norway. The company was established in 2017 and has offices in Oslo. Monner is a digital loan platform for small businesses. In addition to brokering financing and subscriptions to banking and accounting services, Monner helps businesses reach potential new customers through the marketing of new projects the business requires capital for. Marketing is targeted and takes place on various digital platforms and in social media. In this way, Monner helps small businesses grow.