British International Investment
Development finance institution owned by the British government / From Wikipedia, the free encyclopedia
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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.[6]
Quick Facts Company type, Industry ...
Company type | Development finance institution |
---|---|
Industry | Development finance institution[1] |
Founded | 1948 |
Headquarters | London, United Kingdom |
Products | Invests equity and debt directly and through funds.[1] |
Website | bii.co.uk |
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