AiB reports on the year

Accountant in Bankruptcy (AiB) has today published its Annual Report and accounts for 2019-20.

The document outlines AiB’s accomplishments for the year and also features key statistics outlining the trends in debt solutions around Scotland. 

AiB achieved all nine of its key performance indicators, reflecting the level of continuous improvement delivered in both our internal and external facing processes.   

Across the year, the statutory debt products returned over £60m to creditors, whilst 1,622 people repaid their debts in full through the Debt Arrangement Scheme.

Key policy changes included radical reform of the Debt Arrangement Scheme, supported by a new computer system once again delivered on time and to budget. Further progress was also made on the project to modernise the rules on corporate insolvency.

In 2019-20, AiB retained gold status and improved on the previous assessment of the Procurement and Commercial Improvement programme. We also maintained our Healthy Working Lives gold award accreditation, remained on course to retain gold status for the Investors in People standard, and became Cyber Essentials accredited.  The Agency also became fully carbon neutral through various carbon offset projects.

More detail can be found in the full 2019-20 Accountant in Bankruptcy Annual Report and Accounts available here.

 

Contact
Allan Holmes, Web Development and Communications,  Accountant in Bankruptcy
email – allan.holmes@aib.gov.uk