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Strategic report
Our objectives
Governance
- Risk management and internal control
- Corporate governance statement
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Strategic report

Chair’s statement
Chief Executive’s statement
Outgoing Chief Executive’s statement
Our people
Directors’ biographies

Our objectives

Overview
Increase the supply of finance
Diversify the market
Reduce regional imbalances
Encourage and enable smaller businesses
Centre of expertise
Manage risk and returns

Governance

Risk management and internal control
Corporate governance statement

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Previous: Corporate governance statement

Annual Report and Accounts 2020

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About us

British Business Bank plc is the holding company of the group operating under the trading name of British Business Bank. It is a development bank wholly owned by HM Government which is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). The British Business Bank operates under its own trading name through a number of subsidiaries, one of which is authorised and regulated by the FCA. British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such. Accordingly, none of the British Business Bank group of companies takes deposits or offers banking services.

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