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About: Scottish National Investment Bank     Goto   Sponge   Distinct   Permalink

An Entity of Type : dbo:Organisation, within Data Space : dbpedia.org:8891 associated with source document(s)

Type: Thingcompanyschema:BankOrCreditUnionschema:Organizationdul:Agentdul:SocialPersonagentwikidata:Q24229398OrganizationBusiness enterprisebankorganisation New Facet based on Instances of this Class

The Scottish National Investment Bank is a Scottish state-owned investment and national development bank based in Edinburgh, Scotland. Although referred to as a bank, it does not do normal banking operations nor accepts deposits. The bank uses public money to fund commercial projects across Scotland with the hope that this seed capital will encourage further private investment, to help develop a fairer, more sustainable economy. £2 Billion of taxpayers money is earmarked for the bank.