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Development Bank of Wales
What Does Development Bank of Wales Do?
The Development Bank of Wales (Banc Datblygu Cymru) is a key financial institution dedicated to supporting the Welsh economy. Wholly owned by the Welsh Government, it provides flexible funding solutions including loans, equity investment, and mezzanine finance to businesses of all sizes across Wales, from start-ups and SMEs to larger enterprises. Its mission is to unlock business potential, create and safeguard jobs, and foster sustainable economic growth throughout Wales. The bank plays a crucial role in addressing market gaps where traditional lenders may be unable to assist, ensuring Welsh businesses have the capital they need to thrive.
Where Is Development Bank of Wales's Headquarters?
HQ Function
The Wrexham headquarters serves as the primary administrative and strategic hub for the Development Bank of Wales, overseeing operations, policy implementation, and stakeholder engagement across Wales.
Notable Features:
Located within a modern technology park, the headquarters benefits from contemporary office facilities designed to foster collaboration and innovation. It offers an accessible and professional environment for staff and visiting businesses.
Work Culture:
The work culture at the Development Bank of Wales is mission-driven, focusing on public service and economic development. It emphasizes professionalism, expertise in finance, collaboration, and a supportive environment for employees dedicated to empowering Welsh businesses.
HQ Significance:
The Wrexham headquarters signifies the bank's commitment to serving all regions of Wales, not just the major commercial centres in the south. Its location supports regional economic balance and accessibility for businesses in North Wales.
Values Reflected in HQ: The headquarters reflects values of accessibility, professionalism, regional commitment, and fostering innovation in the Welsh business ecosystem.
Location:
The Development Bank of Wales is primarily focused on supporting businesses within Wales. While it does not maintain international offices, it actively supports Welsh businesses in their international trade activities by providing export finance and helping them connect with global market opportunities. It collaborates with Welsh Government trade missions and other bodies to promote Welsh businesses on an international stage, thereby contributing to Wales' global economic footprint.
Street Address:
Plas Glyndŵr, Wrexham Technology Park
City:
Wrexham
State/Province:
Clwyd (historic) / Wales
Country:
United Kingdom
Where Else Does Development Bank of Wales Operate Around the World?
Cardiff, Wales, UK
Address: Units J & K, Global Reach, Morgan Way, Cardiff Bay, Cardiff, CF10 4BY
To support the dynamic business environment in Wales' capital city and the surrounding South Wales region, including key sectors like technology, life sciences, and creative industries.
St Asaph, Wales, UK
Address: OpTIC Technology Centre, St Asaph Business Park, St Asaph, LL17 0JD
To stimulate business growth and innovation in North Wales, ensuring businesses in the region have equitable access to development finance.
Llanelli, Wales, UK
Address: Llanelli Gate, Dafen, Llanelli, SA14 8LQ
To foster economic development and support SMEs and larger enterprises across Carmarthenshire and the wider South West Wales region.
Buying Intent Signals for Development Bank of Wales
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading Development Bank of Wales? Meet the Executive Team
As of April 2025, Development Bank of Wales' leadership includes:
Who's Investing in Development Bank of Wales?
Development Bank of Wales has been backed by several prominent investors over the years, including:
What Leadership Changes Has Development Bank of Wales Seen Recently?
The Development Bank of Wales generally maintains a stable executive team, with appointments typically reflecting strategic enhancements or succession. Over the past year, any board changes would align with strengthening governance and expertise for Wales' economic development. (Note: Specific hire/exit data for the last 12 months requires ongoing detailed monitoring; below is illustrative based on publicly available board information which can change.)
New Appointments:
What Technology (Tech Stack) Is Used byDevelopment Bank of Wales?
Discover the tools Development Bank of Wales uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Development Bank of Wales Email Formats and Examples
The Development Bank of Wales typically uses a standard professional email format for its employees. The most common format is [first].[last]@developmentbank.wales. This structure is widely adopted by organizations for its clarity and professionalism.
first.last@developmentbank.wales
Format
jane.doe@developmentbank.wales
Example
90%
Success rate
What's the Latest News About Development Bank of Wales?
Development Bank of Wales News • May 16, 2024
Development Bank of Wales news title: Record £127 million invested in Welsh SMEs by Development Bank of Wales
The Development Bank of Wales invested a record £127 million into Welsh small and medium-sized enterprises (SMEs) during the 2023/24 financial year. This supported 518 businesses, creating or safeguarding over 2,000 jobs....more
Insider Media Wales • February 29, 2024
Development Bank of Wales news title: New £130m fund launched for Welsh SMEs
The Development Bank of Wales, in partnership with the Welsh Government, launched a new £130m fund to provide debt and equity investments to Welsh SMEs, aiming to support business growth and job creation over the next five years....more
Business Live • October 12, 2023
Development Bank of Wales news title: Development Bank of Wales appoints new board members
The Development Bank of Wales appointed three new non-executive directors to its board: Dr Rhian Hayward MBE, Heather Bresnant, and Ceri Witchard, bringing diverse expertise to support the bank's strategic objectives....more
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