View our Annual Report for 2016-17
Highlights for the full year to 31 March 2017:
- Gross annual income of £60.5m, delivering a pre-tax profit of £55.1m – an increase of 37% on the year end 31 March 2016
- Gross return on average capital for the year was 7.4%, or 6.7% net of costs – both ahead of benchmark targets
- Total dividend of £40.0m paid to the shareholder, British Business Bank plc
- Supporting 17,719 businesses across the UK as at 31 March 2017 – an increase of 45% year on year
- £868m invested, alongside £6.3bn of private sector capital, across 38 business finance providers
- A major expansion of the VC Catalyst Programme, through a £400m allocation announced in the 2016 Autumn Statement
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