The Board of directors has, today, approved entering into an agreement with SpareBank 1 Nordmøre on them purchasing the mortgage portfolio from Eika Boligkreditt thatSurnadal Sparebank had established in the company. The background for the agreement is the merger betweenSurnadal Sparebank andSpareBank 1 Nordvest into SpareBank 1 Nordmøre. The transfer of the mortgage portfolio will be carried out in 2021Q3. In addition to paying the market value of the mortgage portfolio, SpareBank 1 Nordmøre will pay the estimated costs relating to the early redemption of their bank funding. As of 2021Q1Surnadal Sparebank's mortgage portfolio withEika Boligkreditt AS constitutedNOK 1.5 billion , representing approximately 1.7% of the total portfolio. Contact persons inEika Boligkreditt AS :Kjartan M. Bremnes , CEO (kmb@eika.no)Dag Olav Løseth , Chairman (dag.olav.loseth@orklasparebank.no)
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