British International Investment

British International Investment plc
Company typeDevelopment finance institution
IndustryDevelopment finance institution[1]
Founded1948
HeadquartersLondon, United Kingdom
ProductsInvests equity and debt directly and through funds.[1]
Websitebii.co.uk

British International Investment, (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation)[2] is the development finance institution of the UK government.[3] The Foreign, Commonwealth and Development Office is responsible for the organisation, and is the sole shareholder.[4] It has an investment portfolio valued around US$7.1 billion (year-end 2020)[5] and since 2011 is focused on the emerging markets of South Asia and Africa via its direct investment and cooperation with important global stakeholders such as Standard Chartered.[6][7]

  1. ^ a b "Our company - British International Investment".
  2. ^ Cite error: The named reference hansard was invoked but never defined (see the help page).
  3. ^ "Commonwealth Development Corporation: A report on the efficiency and costs of, and the service provided by, the Commonwealth Development Corporation". Competition Commission. June 1992. Archived from the original on 3 December 2008. Retrieved 5 December 2008.{{cite web}}: CS1 maint: unfit URL (link)
  4. ^ "Our corporate governance". British International Investment. Archived from the original on 7 April 2022. Retrieved 29 September 2021.
  5. ^ "Key facts". British International Investment. Retrieved 19 June 2018.
  6. ^ "Our". British International Investment. Retrieved 7 April 2022.
  7. ^ "BII, Standard Chartered renew $350mn risk participation agreement - CNBC Africa". www.cnbcafrica.com. Retrieved 10 November 2024.