Kent Reliance Building Society


Kent Reliance Building Society

Infobox_Company
company_name = Kent Reliance Building Society
company_
company_type = Building Society (Mutual)
foundation = 1888
location = Chatham, Kent, England, UK
key_people = M S Mackenzie, Chairman
D S Kemp, Audit Committee Chairman
M J Lazenby Chief Executive
industry = Banking and Financial Services
products = Savings, Mortgages, Investments,
Loans, Credit Cards, Insurance
net_income = £4.0 million GBP (September 2007), 4.4% on 2006
assets = £2.1 billion GBP (September 2007), 31.9% on 2006
homepage = [http://www.krbs.com www.krbs.com]

Kent Reliance Building Society, commonly 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.

It has assets of over £2.1 billion [http://www.bsa.org.uk/docs/consumerpdfs/assetslistjan2007.pdf] , a network of 13 agencies throughout Kent and one remaining branch (in Hempstead, Gillingham), following a wholesale programme under chief executive, Mike Lazenby, of converting branches to agencies. This has seen the number of branches reduce from 14 to 1. Mr Lazenby describes branches as "a liability". [http://business.timesonline.co.uk/article/0,,9558-2185381,00.html]

KRBS is, from 1 June 2007, sponsor of Gillingham F.C. under a three year deal announced on 18 March 2007. The club's shirts bear KRBS's website address, krbs.com.

External links

* [http://www.krbs.com KRBS website]
* [http://www.bsa.org.uk Building Societies Association]
* [http://www.easiprocess.com/ Easiprocess] - KRBS business process outsourcing subsidiary, based in Bangalore, India.
* [http://www.internetbuildingsociety.com Internet Building Society] - holding page for a new internet operation, run by KRBS
* [http://www.kpmg.co.uk/pubs/98126%20Building%20Societies%20database%202008_accessible.pdf KPMG Building Societies Database 2008]


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