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A lender had a lucrative night at an award ceremony last week – as confidence continues to grow.
Kent Reliance, part of OneSavings Bank Group, are a retail savings and mortgage provider, taking home three awards from the Moneyfacts ceremony in London.
The company, based in Chatham, received acclaim for being the ‘Best Bank Savings Provider’.
In March the parent company, OneSavings Bank, revealed their figures, showing underlying profits before tax grew to £69.7 million over the last 12 months, up from £30 million a year earlier.
The company’s loan book, mainly in the housing market, saw 29% growth to £3.9 billion, up from £3 billion – the result of £1.5 billion of new business.
The bank also welcomed 27,000 new savings customers last year.
Kent Reliance took home the prestigious award for ‘Best Bank Savings Provider’, as well as winning Best No Notice Account Provider and holding onto their title as Best Cash ISA Provider, for the third consecutive year.
John Eastgate, sales and marketing director, One Savings Bank, said: “When I reflect upon the work the team at Kent Reliance has put in to enhance our savings product range this year, it’s all the more rewarding to bring home this best provider in class award to crown the achievement.
"When you consider the competitive environment we operate in and the scale of some of the larger banks.
“Being crowned Best Bank Savings Provider is a distinguished feather to add to our cap, and it’s the third year in a row we’ve won the Best Cash ISA Provider award, a testament to our commitment to the flexibility and service our customers receive, as much as it is about our product quality.”