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The National (Scotland)

National

Jane McLeod

Scottish National Investment Bank invests £140m in its first year

Scottish National Investment Bank Scotland

THE Scottish National Investment Bank has said it has made “clear progress” in its inaugural year and is “well positioned” to deliver environmental, social and financial returns for the people of Scotland.

The Bank published its first full-year accounts yesterday.

Launched in November 2020, it was established to be a development investment bank, delivering patient, mission impact investment to the Scottish economy and is wholly owned by Scottish Ministers on behalf of the people of Scotland.

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