Development Bank of Wales

Development Bank of Wales plc
Native name
Banc Datblygu Cymru ccc (Welsh)
Company typePublic limited company
IndustryFinancial services
HeadquartersWrexham, Wales, UK
Key people
  • Sally Bridgeland (Chair)
  • Giles Thorley (Chief Executive)
Number of employees
275 (approximate)
ParentWelsh Government (100%; formerly Welsh Development Agency)
Websitedevelopmentbank.wales

The Development Bank of Wales (branded as simply Banc; Welsh: Banc Datblygu Cymru) is a Welsh development bank that provides financial support for Welsh businesses, property developers and homeowners and is owned by the Welsh Government. The bank provides loans for businesses to start up, scale and grow and also provides equity investments for early stage and established businesses.

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