The approach to pay for staff at the Scottish National Investment Bank aligns with other UK development banks and reflects the need to attract and retain staff with the necessary skills, experience and expertise from the financial services sector.The Bank now has £786 million of investment commitments and has crowded in over £1.4 billion of third-party co-investment, bringing the total committed by, or alongside the Bank, to over £2.1 billion.The Bank posted their first operating profit in 2023-24 of £3.2 million and have recently published their annual Impact Report up to the end of December 2024.