Scottish National Investment Bank

The Scottish National Investment Bank will not be able to end its reliance on public funding unless ministers can make a case for UK Treasury rules to change, Scotland's Auditor General has said. The bank was launched in 2020 to independently invest in commercial projects that will help address the

Scotland’s economic growth is being held back by a chronic shortage of housing, and urgent action is required to remove this barrier to investment and jobs, a new report from Prosper (Scottish Council for Development and Industry) has warned today. Drawing on insights from over 100 stakeholder

The Scottish National Investment Bank has made a £730,000 investment in DITT Construction Ltd to support the construction of six high-quality, one-bedroom homes in Lerwick. The homes are being designed for key workers and young professionals who can often struggle to find affordable housing. O

The Scottish National Investment Bank (SNIB) has invested a further £10 million in Highland Broadband.

The Scottish National Investment Bank (SNIB) has committed a further £20 million to the Mid-Market Rent strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The bank’s follow-on investment will support the development of up to 100 new homes

The Scottish National Investment Bank has secured the completion of 481 mid-market rental homes over the course of the last financial year, its second full year accounts have revealed. In February 2022, the Bank committed £40 million to aid the construction of affordable housing acro

The Scottish National Investment Bank (SNIB) has appointed Al Denholm as its new chief executive officer. Mr Denholm, a seasoned asset management professional with over 36 years of experience, previously held executive and senior investment leadership positions at major financial institutions like P

Charities and third sector organisations working with some of the most vulnerable people in the community can now access a multi-million-pound fund backed by the Scottish National Investment Bank (SNIB). Social and Sustainable Capital (SASC) provides finance for improving lives by backing organisati

The Scottish National Investment Bank (SNIB) has a key strategic part to play in helping to deliver Scotland’s low carbon heating systems. A new insight paper called ‘Scotland’s transition to net zero heat’ released today sets out the bank’s role in tackling the issue a

A £3 million investment by the Scottish National Investment Bank will see 25 high-quality family homes being built in the Nitshill area of Glasgow to be sold to local social housing tenants and first-time buyers. The Bank’s loan stipulates homes in the Station Wynd development must first

The new Scottish National Investment Bank has been set three core missions to ensure it addresses the “grand challenges” facing Scotland. Now approved by MSPs, the missions state that the Bank should:

The Scottish National Investment Bank (SNIB) has officially opened for business today with a mission to focus on supporting Scotland’s transition to net zero; extending equality of opportunity through improving places, and harnessing innovation to enable Scotland to flourish. Being capitalised

More than two-thirds of the Building Scotland Fund (BSF) has been awarded to private developers with only 700 homes allocated for affordable housing to show for the £100 million outlay, according to new data.

Reducing inequalities is one of three core missions for the new Scottish National Investment Bank (SNIB) which have been laid before the Scottish Parliament for consultation.

Around £220 million of further funding has been announced for the Scottish National Investment Bank to help Scotland transition to net-zero carbon emissions. Making the announcement as part of the Scottish Budget, newly-appointed cabinet secretary for finance, Kate Forbes,said t