British Business Bank

15 results about this entity

Period: 19 Aug 2021 - 08 Nov 2024

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British Business Bank appoints Leandros Kalisperas as chief investment officer

The British Business Bank, the UK’s economic development bank, has appointed Leandros Kalisperas as its first Chief Investment Officer, with responsibility for all of the Bank’s investment activities.

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The British Business Bank to provide £660m to startups

The British Business Bank has announced its Northern Powerhouse Investment Fund II providing a £660m fund to small businesses in the North of England.

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Oxbury picks up £100 million loan guarantee from the British Business Bank

The British Business Bank has agreed a £100m ENABLE Guarantee transaction with leading fintech Oxbury Bank, the only UK bank with a singular focus on farmers, food production and the rural economy.

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Esi Eshun OBE appointed general counsel of British Business Bank

The British Business Bank has appointed Esi Eshun OBE as its new General Counsel and Company Secretary, effective from November 2023.

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British Business Bank names Chantal Geall hief risk officer

The British Business Bank has appointed Chantal Geall as its new Chief Risk Officer (CRO), effective from September 2023. Chantal Geall joins the British Business Bank from Lumon Pay, a private equity-backed firm that provides payment services and foreign exchange to private individuals, small businesses and institutions.

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British Business Bank seeks proposals for Government's Tech and Science initiative

The British Business Bank today announced a Call for Proposals as part of the launch of the government’s Long-term Investment for Technology and Science (LIFTS) initiative. It seeks proposals from industry for the establishment of new funds or investment structures to crowd in UK institutional investment, particularly Defined Contribution (DC) pension schemes, to support the growth and ambitions of the UK’s most innovative science and technology companies.

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UK challenger banks and specialist SME lenders overtake incumbents

Challenger and specialist banks lent small businesses more than the traditional major players in 2022 - a record £35.5 billion.

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Equity investment in smaller UK businesses hit a record £18.1bn last year

Equity investment in the UK’s smaller businesses increased by 88% in 2021 to £18.1bn compared to the previous year, the highest yearly amount since the Beauhurst data series began in 2011, reveals the British Business Bank’s annual Small Business Equity Tracker, published today.

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Allica Bank secures £30m Tier 2 capital facility from British Business Investments

British Business Investments, a wholly-owned commercial subsidiary of the British Business Bank, today announces a new £30m Tier 2 capital facility for challenger bank, Allica Bank.

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British Business Bank appoints Louis Taylor as new CEO

Louis Taylor has been appointed CEO of the British Business Bank, the UK’s economic development bank, and will take up the role from 1 October.

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British Business Investments commits additional £15m to Compass Business Finance

British Business Investments, a commercial subsidiary of the British Business Bank, today announces an additional £15m commitment to Compass Business Finance, taking our total commitment to £30m.

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British Business Bank injects further £300m to Simply’s funding line

Today, the British Business Bank announces an increase to business lender Simply’s existing ENABLE Funding facility. In total, the facility will provide £300m of funding to SMEs across the UK. This is now the largest facility under the Bank’s ENABLE Funding programme, which aims to improve the supply of asset finance to the UK smaller business community.