OneSavings Bank plc Credit Rating
OneSavings Bank plc holds a blended long-term credit rating of BBB+ — the "Upper Medium" band, which is investment grade, with a stable outlook. That figure combines the latest long-term issuer ratings from Moody's, Fitch onto a single comparable scale, and indicates an adequate capacity to meet its financial commitments, though it is more exposed to adverse economic conditions than higher-rated institutions. OneSavings Bank plc is owned by OSB Group plc (listed). A credit rating measures an institution's ability to meet its financial obligations — it is an opinion, not a guarantee, and it is separate from deposit protection.
Brands that trade under this licence and share its rating and FSCS limit: Kent Reliance
OneSavings Bank plc
FCA: 530504
OneSavings Bank credit ratings by agency
| Agency | Long-term rating | Outlook | Last confirmed |
|---|---|---|---|
| Fitch Ratings | BBB | Stable | 5 Aug 2026 |
| Moody's | Baa1 | Stable | 19 Jun 2026 |
Rating History Chart
Rating History
| Date | Rating | Agencies |
|---|---|---|
24 Oct 2026 |
Moody's, Fitch |
Service record: complaints, incidents and customer survey
Complaints: in the FCA's 2026 H1 file (January 2026 to June 2026), OneSavings Bank received 1,168 banking and credit-card complaints, 2.41 per 1,000 accounts. The bank upheld 68% of those it closed and closed 33% within three days. The previous period was 2.80 per 1,000, so complaints fell. Compare all banks.
Latest News
Frequently asked questions about OneSavings Bank plc
Is OneSavings Bank plc safe?
OneSavings Bank plc currently holds a blended long-term credit rating of BBB+, which is investment grade and indicates an adequate capacity to meet its financial commitments, though it is more exposed to adverse economic conditions than higher-rated institutions. A credit rating is an independent opinion on an institution's ability to meet its financial obligations; it is not a guarantee and can change. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is OneSavings Bank plc's credit rating?
OneSavings Bank plc has a blended long-term credit rating of BBB+, with a stable outlook. This blends the most recent long-term issuer ratings from Moody's, Fitch, mapped onto a common scale so ratings expressed in different agencies' notation can be compared directly.
Is OneSavings Bank plc covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. OneSavings Bank plc is recorded with FCA reference 530504. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns OneSavings Bank plc?
OneSavings Bank plc (company 07312896, FRN 530504) is wholly owned by OSB Group plc, a London-listed company that became the group holding company on 30 November 2020. Kent Reliance is a trading name of OneSavings Bank plc. Since 22 September 2025 OneSavings Bank plc has directly owned Charter Court Financial Services Limited (replacing CCFSG Holdings Limited as its parent), but the two remain separately authorised banks with different firm reference numbers.
What does a BBB+ credit rating mean?
BBB+ sits in the "Upper Medium" band, indicating an adequate capacity to meet its financial commitments, though it is more exposed to adverse economic conditions than higher-rated institutions. Ratings of BBB- (or Baa3 on Moody's scale) and above are considered investment grade; anything below that is regarded as speculative, sometimes called "high yield". Ratings are reviewed periodically and can be upgraded or downgraded.
What is OneSavings Bank plc's Fitch rating?
Fitch rates OneSavings Bank plc BBB (long-term) with a stable outlook, as read from the bank's own published disclosures and last confirmed on 5 August 2026. Together with the other agencies' ratings this gives the blended BBB+ shown on this page.
What is OneSavings Bank plc's Moody's rating?
Moody's rates OneSavings Bank plc Baa1 (long-term) with a stable outlook, as read from the bank's own published disclosures and last confirmed on 19 June 2026. Together with the other agencies' ratings this gives the blended BBB+ shown on this page.
When did OneSavings Bank plc's credit rating last change?
OneSavings Bank plc's blended rating has stood at BBB+ since 24 October 2026, the most recent change in our records. Ratings are re-checked automatically and this page updates when an agency revises its assessment.