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The Scottish National Investment Bank (‘the Bank’) is a development finance company established by the Scottish Government under the Scottish National Investment Bank Act 2020. The Bank is a public limited company, registered in Scotland with Company number SC677431 and is wholly owned by the Scottish Ministers. The Bank and its subsidiary companies are not authorised or regulated by the Prudential Regulatory Authority (PRA) or the Financial Conduct Authority (FCA) and are not banking institutions and do not operate as such. This means that neither the Bank, nor its subsidiaries, accept deposits.