|Public Limited Company|
|Parent||Kent Reliance Provident Society (59.9% share)|
OneSavings Bank Plc is a British banking company that has been formed by Kent Reliance Building Society and JC Flowers. OneSavings Bank Group operates through its brands Kent Reliance, InterBay Commercial, Reliance Property Loans, and Prestige Finance.
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.
In March 2015, the bank announced it would consider any takeover approaches.
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, Residential and Buy to Let Mortgages, Secured Loans, Insurance, Investments and Development Finance.
- 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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