The Scottish National Investment Bank (SNIB) was established by the Scottish Government in November 2020 as a development investment bank to deliver long-term, patient capital - investment that allows businesses and projects to grow without pressure for quick returns.
SNIB has a key role in delivering the Scottish Government’s economic objectives and scrutiny of its performance falls within the remit of the Economy and Fair Work Committee. The Bank has given evidence to the Committee on the National Strategy for Economic Transformation and has contributed to the Committee’s Pre-Budget Scrutiny.
The Committee also holds a standalone evidence session with SNIB at least once a year to examine its activities and performance.
The inquiry was discussed at the following Committee meetings:
The Committee has sent and received the following correspondence during the inquiry:
Letter from the Convener to the Chief Secretary to the Treasury, 23 February 2026
Letter from the Chief Secretary to the Treasury to the Convener, 9 February 2026
Letter from the Scottish National Investment Bank to the Convener, 7 January 2026
Letter from the Convener to the Chief Secretary for Treasury, 18 November 2025
Letter from the Chair of the Scottish National Investment Bank to the Convener, 30 September 2025
Letter from the Scottish National Investment Bank, 2 August 2023
Letter from the Scottish National Investment Bank to the Convener, 27 April 2023
Letter from the Scottish National Investment Bank to the Convener, 6 April 2023
Letter from the Scottish National Investment Bank to the Convener, 19 January 2023
Letter to the Scottish National Investment Bank, 12 May 2022
Letter from the Scottish National Investment Bank, 29 April 2022
Work of the Scottish National Investment Bank - 24 September