Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether (a) SVB Financial Group and (b) any of its subsidiaries were regarded by UK Export Finance as acceptable institutions for partnership in the provision of (i) buyer credit facilities, (ii) lines of credit, (iii) standard buyer loan guarantees and (iv) bills and notes guarantees as of 1 January 2023.

UK Export Finance (UKEF) has not had any interactions with the SVB Financial Group or its subsidiaries. As a consequence, UKEF has not had reason to form any opinion over their suitability as partners in any transactions.