Kent Reliance Building Society, also known as KRBS, is a building society based in Kent, England. Incorporating the Chatham Reliance (established 1898), Dover District (established 1861), Herne Bay (established 1888) and Kent & Canterbury (established 1847), KRBS has been the fastest growing building society in the UK since 2003. It is a member of the Building Societies Association.

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  • 2300000000
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  • 8900000
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  • 1888-01-01 00:00:00 (xsd:date)
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  • M J Lazenby Chief Executive
    M S Mackenzie, Chairman
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  • 2300000000
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  • 1888-01-01 00:00:00 (xsd:date)
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  • M J Lazenby Chief Executive
    M S Mackenzie, Chairman
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  • 8900000
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dbpprop:abstract
  • Kent Reliance Building Society, also known as KRBS, is a building society based in Kent, England. Incorporating the Chatham Reliance (established 1898), Dover District (established 1861), Herne Bay (established 1888) and Kent & Canterbury (established 1847), KRBS has been the fastest growing building society in the UK since 2003. It is a member of the Building Societies Association. The dramatic growth of KRBS was driven in part by the establishment in 2002 of a wholly-owned subsidiary, Jersey Home Loans Ltd, to buy the Jersey mortgage business of Standard Chartered Grindlays Bank Ltd. By November 2008, this subsidiary had mortgages on its books of £750 million, achieved by competing on both price and service in a market dominated by the major high street banks. Lending was suspended pending a review of Jersey operations as a result of the Jersey bank regulator's ongoing refusal to grant a deposit taking licence as KRBS is not in the top 500 world banks. It has assets of over £2.3 billion, a network of nine agencies and two remaining branches, all in Kent, following a wholesale programme under chief executive, Mike Lazenby, of converting branches to agencies. This has seen the number of outlets reduce from 14 to 11. Lazenby describes branches as "a liability". KRBS is also notable as the only member of the UK building society sector to have outsourced administrative work to India, via its wholly-owned subsidiary, Easiprocess. The KRBS Group employs significantly more staff in India than it does in the UK. KRBS sponsors two football clubs which are, from the 2009/10 season, in Football League One, both under three year deals: Gillingham F.C. for the 2007/08-2009/10 seasons, and Charlton Athletic F.C. for the 2009/10-2011/12 seasons. The clubs' shirts bear KRBS's website address, krbs. com.
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  • £2.3 billion (September 2008),
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  • Kent Reliance Building Society
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  • 1888 (xsd:integer)
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  • M J Lazenby Chief Executive M S Mackenzie, Chairman
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  • £8.9 million (September 2008),
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rdfs:comment
  • Kent Reliance Building Society, also known as KRBS, is a building society based in Kent, England. Incorporating the Chatham Reliance (established 1898), Dover District (established 1861), Herne Bay (established 1888) and Kent & Canterbury (established 1847), KRBS has been the fastest growing building society in the UK since 2003. It is a member of the Building Societies Association.
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  • Kent Reliance Building Society
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  • Kent Reliance Building Society
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