OneSavings Bank
 | |
| Public Limited Company | |
| Traded as | LSE: OSB |
| Industry | Financial services |
| Founded | 2011 |
| Headquarters | United Kingdom |
Key people |
Mike Fairey (Chairman) Andy Golding (CEO) |
| Revenue | £125.2 million (2014)[1] |
| £82.9 million (2014)[1] | |
| £51.5 million (2014)[1] | |
| Parent | Kent Reliance Provident Society (59.9% share) |
| Website |
www |
OneSavings Bank Plc is a British banking company that has been formed by Kent Reliance Building Society and JC Flowers. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
On 1 February 2011, and following a substantial capital investment by J.C. Flowers & Co., Kent Reliance Building Society was transferred to a new financial entity, OneSavings Bank.[2] The transfer was approved by the members of the society in November 2010.[3] The business was the subject of an initial public offering in May 2014.[4]
In March 2015, the bank announced it would consider any takeover approaches.[5]
Services
OneSavings Bank Group is now a specialist UK lender offering a broad range of products to UK SMEs and consumers. This range includes Savings Accounts,[6] Residential and Buy to Let Mortgages,[7] Secured Loans, Insurance, Investments and Development Finance.
References
- 1 2 3 "Annual Report" (PDF). OneSavings Bank. Retrieved 13 June 2015.
- ↑ "OneSavings Bank" (PDF). Kent Reliance Building Society.
- ↑ "Kent Reliance to transfer funds to OneSavings".
- ↑ "OneSavings Bank to raise £41m in IPO". Guardian. 4 May 2014. Retrieved 13 June 2015.
- ↑ Jain, Aashika (17 March 2015). "UK bank OneSavings would listen to takeover offers". Reuters. Retrieved 20 March 2015.
- ↑ "Kent Reliance savings products".
- ↑ "Kent Reliance mortgage products".
External links
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