Sophisticated funding platform
Our key strengths
- Stable savings funding via Kent Reliance and Charter Savings Bank brands
- Capital markets expertise with securitisation platforms allowing for programmatic issuance of high quality residential mortgage-backed securities (‘RMBS’)
Statutory retail deposits
- 2019: £16.3bn
- 2018: £8.1bn
Strategic priorities
- Provide cost-efficient funding through a resilient and diversified funding platform to support our future growth
- Deliver consistently good value savings products to our customers
- Pursue sophisticated wholesale funding markets and efficient balance sheet management
Group’s funding channels as at 31 December 2019
Retail: 83%
Bank of England: 15%
Wholesale: 2%
17 securitisations since 2013 across OSB and CCFS worth over £5.7bn
2018: 13 securitisations worth £4.2bn
Our history
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Our business model
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