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Thursday 18 February, 2016


ONE Savings Bank PLC : Director Declaration

ONE Savings Bank PLC : Director Declaration

OneSavings Bank plc

(the Company)

Director Declaration

18 February 2016

Mike Fairey - Chairmanship

Following the Initial Public Offering of Hastings Group Holdings plc on 10 June 2015 and in accordance with Listing Rule 9.6.14R, OneSavings Bank plc announces that Mike Fairey is the Chairman of Hastings Group Holdings plc.

Enquiries to:

Zoe Bucknell - Company Secretary
+44 (0)1634 835788


About OneSavings Bank plc

OneSavings Bank plc ('OSB') began trading as a bank on 1 February 2011 when the trade and assets of Kent Reliance Building Society ('KRBS') were transferred into the business. OSB is a specialist lending and retail savings group authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority.

OSB focuses on selected sub-sectors of the lending market in which it has established expertise, platforms and capabilities, and where opportunities have been identified for both high returns on a risk-adjusted basis and strong growth. These include Residential Mortgages (comprising first charge, second charge and shared ownership), Buy-to-Let/SME and Personal Loans. OSB originates organically through specialist brokers and independent financial advisors.

OSB is predominantly funded by retail savings originated through the established Kent Reliance franchise, which includes a network of branches in the South East of England, as well as online and postal channels. Diversification of funding is currently provided by a securitisation and OSB joined the Funding for Lending Scheme in early 2014.

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ONE Savings Bank PLC via Globenewswire


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