21 July 2016

British Business Bank announces 2015/16 results, publishes Annual Report and Accounts

The British Business Bank today publishes its annual report and accounts for 2015/16, highlighting the growth and momentum of the organisation just 17 months on from its inception in November 2014. The report summarises the Bank’s work through 90 finance partners, supporting more than 48,000 businesses with a total stock of finance of £7.5bn. The […]

20 July 2016

British Business Bank Investments Ltd provides £16.5m line to Northwest asset finance provider Kingsway under new expansion capital initiative

The first transaction is a £16.5 million revolving credit facility for Kingsway, a Cheshire-based asset finance specialist. It is expected to increase Kingsway’s leasing capacity by up to £25m, supporting investment in plant and machinery across the UK. The expansion capital initiative, developed by British Business Bank Investments Ltd as part of its Investment Programme, […]

13 July 2016

Statement – Ron Emerson, British Business Bank Chairman

When I first took on the role of chairman of the British Business Bank, I said it was an idea of its time. This has been borne out by our rapid progress and significant levels of delivery as we have built a deeper understanding of the financing challenges faced by the SME sector of the […]

1 July 2016

British Business Bank appoints Neeta Atkar as a Non-Executive Director, 1 July 2016

Ms Atkar is Chief Risk Officer at TSB Bank. She is a member of TSB Bank’s Executive team, responsible for setting the Bank’s risk appetite, strategy and framework, and advising the Board and the Executive on risk and regulatory matters. Ms Atkar has over 25 years’ experience in risk management and has held senior positions […]