Wales Cymru

Work is underway in Wales to create a customer owned bank. Mark Drakeford, First Minister of Wales, made this commitment in his election manifesto in November 2018.

Now we can go further in supporting the development of a new Wales-only Community Bank, with branches open to customers in different parts of our country, making funds available locally to small businesses and recycling local savings into local loans."

When ?

The Bank will begin to operate before the end of this Assembly term, spreading to the whole of Wales after the next Assembly election.