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Announced

Completed

OneSavings Bank completed its acquisition of Charter Court for £1.7bn deal.

Synopsis

OneSavings Bank, a specialist lender, primarily focused on carefully selected sub-sectors of the mortgage market, completed its acquisition of Charter Court, a financial services company operating in the United Kingdom, for £1.7bn. “We are very pleased to announce the completion of the combination of OneSavings Bank with Charter Court Financial Services, creating a leading specialist mortgage lender in the UK with greater scale and resources to deploy in growth opportunities. This brings together the complementary strengths of both organisations, across products, brands and expertise, positioning the new group to continue to deliver for our customers and shareholders. I would like to thank everyone in the team who has worked so hard to make this possible and I am excited about the future potential of this business,” Andy Golding, OneSavings Bank CEO.

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