Development Bank of Wales

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Development Bank of Wales plc

Native name	Banc Datblygu Cymru ccc (Welsh)
Company type	Public limited company
Industry	Financial services
Headquarters	Wrexham, Wales, UK
Key people	Gareth Bullock (Chairman) Giles Thorley (Chief Executive)
Number of employees	275 (approximate)
Parent	Welsh Government (100%; formerly Welsh Development Agency)
Website	developmentbank.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 and is owned by the Welsh Government.^[1] The bank provides loans for businesses to start up, strengthen and grow and also provides equity investments for already established businesses.^[2]