Scottish National Investment Bank



Missions approved for new Scottish Investment Bank

The new Scottish National Investment Bank (SNIB) has been set three core missions to ensure it addresses the “grand challenges” facing Scotland.

Published 3 December 2020

Scottish National Investment Bank officially opens for business with first £12.5m investment

The Scottish National Investment Bank (SNIB) has officially opened for business with the completion of its first major investment.

Published 23 November 2020

Eight non-executive directors appointed to board of Scottish National Investment Bank

Eight non-executive directors have been appointed to the board of the Scottish National Investment Bank (SNIB) ahead of its launch in the final quarter of 2020.

Published 3 November 2020

Scottish National Investment Bank to launch by December

The Scottish National Investment Bank (SNIB), Scotland's state investment bank, is set to launch before December this year. 

Published 6 October 2020

Holyrood consults on core missions for Scottish National Investment Bank

Three core missions for the new Scottish National Investment Bank (SNIB) have been laid before the Scottish Parliament for consultation.

Published 28 August 2020

Think-tank calls for effective structuring of SNIB as part of a 'just and sustainable' recovery

The Scottish National Investment Bank (SNIB) must be structured and governed effectively in order to meet its potential, according to a think-tank which has recommended policies which it believes can be introduced under the present devolved settlement to "democratise our economy, build community wealth, create decent jobs, and support the just transition for a sustainable future for all".

Published 26 August 2020

Scottish National Investment Bank appoints Eilidh Mactaggart as first CEO

Eilidh Mactaggart has been appointed the first CEO of the Scottish National Investment Bank.

Published 16 April 2020

Government passes legislation for establishment of Scottish National Investment Bank

Legislation to establish a Scottish National Investment Bank has been passed unanimously by the Scottish Parliament.

Published 22 January 2020

Friends of the Earth calls for Scottish National Investment Bank to be ‘ethical lender’

Friends of the Earth (FoE) Scotland has called for the Scottish National Investment Bank to be set up with minimum ethical standards to prevent its investment in “damaging” projects.

Published 21 January 2020

Building Scotland Fund marks £100m investment milestone

The Scottish Government’s Building Scotland Fund (BSF) has topped £100 million of financial support for housing, regeneration and industrial and commercial developments throughout the country.

Published 14 January 2020

Willie Watt appointed as chair of Scottish National Investment Bank

Willie Watt has been appointed as the first chair of the board of the Scottish National Investment Bank.

Published 15 November 2019

Scottish National Investment Bank legislation passes first parliamentary hurdle

A bill to support the set-up of the Scottish National Investment Bank passed its first stage yesterday following a debate in the Scottish Parliament.

Published 27 September 2019

Blog: Scottish National Investment Bank progress

Ahead of the stage one debate on the establishment of the Scottish National Investment Bank (SNIB) in the Scottish Parliament this afternoon, economy secretary Derek Mackay has written about what the bank will mean for the future of the Scottish economy.

Published 26 September 2019

Scotland’s Programme for Government to invest £130m in businesses

The Programme for Government revealed by the Scottish Government yesterday promised £130 million to be made available this year to set up the Scottish National Investment Bank.

Published 4 September 2019

Proposed investment bank should not compete with 'absurd' private sector salaries, MSPs told

The proposed Scottish National Investment Bank (SNIB) should not try to compete with the private sector on salaries, but instead attract talent by being "mission-orientated", a leading economist has said.

Published 15 May 2019