The Bank told us that, as a result of having insufficient skills and expertise, it has only entered into relatively low risk, more straightforward investment deals, as those are the only deal types it is comfortable delivering with the available staff.28 It currently has a small banking team of 15 to 18 people which it will need to expand to around 70 before it is capable of delivering more complex, direct equity deals. It expects to start delivering 21 Q 82 22 Committee of Public Accounts, The Sale of the Green Investment Bank, Twenty-Fifth Report of Session 2017–19, HC 468, 14 March 2018 23 Qq 12, 21, 30 24 Qq 21, 22 25 Q 14 26 Q 74 27 Q 66 28 Qq 4, 24 12 The Creation of the UK Infrastructure Bank direct equity deals within the first three months of 2023.29 The Bank is still working to develop its own banking systems to support deals and IT systems, as it is currently reliant on Treasury systems for a range of functions.30 Performance measurement and evaluation