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OneSavings Bank

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OneSavings Bank

OneSavings Bank Plc trading as Kent Reliance Banking Services
Type Public Limited Company
Industry Financial services
Founded 2011
Headquarters

Chatham, Kent,

United Kingdom
Parent Kent Reliance Provident Society (59.9% share)
Website .uk.co.osbwww

OneSavings Bank Plc is a British banking company that has been formed by Kent Reliance Building Society and JC Flowers.[1] OneSavings Bank Group operates through its brands Kent Reliance,[2] InterBay Commercial, Reliance Property Loans, and Prestige Finance.

Banking Services

On 1 February 2011, and following a substantial capital investment by JC Flowers and Co, Kent Reliance Building Society was transferred to a new financial entity, OneSavings Bank and was renamed OneSavings Bank plc. The transfer was approved by the members of the society in November 2010.[3]

One Savings Bank Group is now a specialist UK lender offering a broad range of products to UK SMEs and consumers. This range includes Savings Accounts,[4] Residential and Buy to Let Mortgages,[5] Secured Loans, Insurance, Investments and Development Finance.

References

  1. ^ "RNS Announcement". 
  2. ^ "krbs.com: About Us". 
  3. ^ "Kent Reliance to transfer funds to OneSavings". 
  4. ^ "Kent Reliance savings products". 
  5. ^ "Kent Reliance mortgage products". 

Further reading

  • Kent Reliance's £50m deal to form OneSavings bank - but no windfalls - This is Money
  • Kent Reliance boss Mike Lazenby steps down after takeover - Telegraph


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