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OneSavings Bank plc Half-year report

OneSavings Bank plc Half-year report.

articleOsb Group PlcAugust 20, 20215/company/onesavings-bank-plc/news/onesavings-bank-plc-half-year-report
OneSavings Bank plc Half-year report

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[{"type":"text","content":"\n \n \n OneSavings Bank plc Half-year report \n \n \n \n LEI: 213800WTQKOQI8ELD692\n \n OneSavings Bank plc\n Interim report for the six months ended 30 June 2021\n \n OneSavings Bank plc (OSB or the Group), the specialist lending and retail savings group, announces today its results for the six months ended 30 June 2021.\n \n \n OSB is a wholly-owned subsidiary of OSB GROUP PLC (OSBG). OSBG has prepared its own \n \n \n i\n \n \n nterim report for the period ended 30 June 2021 which includes the results for OSB and its subsidiaries (the Group) and was published on 19 August 2021. OSB is also required to publish an interim report due to its listed debt. \n \n \n \n \n Following the Combination with Charter Court Financial Services Group plc (CCFS) on 4 October 2019, this press release includes results on an underlying basis, in addition to the statutory basis, which Management believe provide a more consistent basis for comparing the Group’s results between financial periods\n \n \n . Underlying results exclude exceptional items, integration costs and other acquisition-related items (see the reconciliation in the Financial review).\n \n \n \n \n \n Enquiries:\n \n  \n \n \n \n OneSavings Bank plc\n Alastair Pate, Investor Relationst: 01634 838973 \n \n Brunswick Group\n Robin Wrench/Simone Selzert: 020 7404 5959\n \n \n \n \n About \n OneSavings Bank plc\n (OSB)\n \n OSB began trading as a bank on 1 February 2011 and was admitted to the main market of the London Stock Exchange in June 2014 (OSB.L). OSB joined the FTSE 250 index in June 2015. On 4 October 2019, OSB acquired Charter Court Financial Services Group plc (CCFS) and its subsidiary businesses. On 30 November 2020, OSB GROUP PLC became the listed entity and holding company for the OSB Group. The Group provides specialist lending and retail savings and is authorised by the Prudential Regulation Authority, part of the Bank of England, and regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Group reports under two segments, OneSavings Bank and Charter Court Financial Services.\n \n OneSavings Bank\n \n OSB primarily targets market sub-sectors that offer high growth potential and attractive risk-adjusted returns in which it can take a leading position and where it has established expertise, platforms and capabilities. These i...

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