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14th June 2021 - 0 comments

Development Bank of Wales invested £200m in Welsh businesses in 2020/21

In a year dominated by Covid-19 and Brexit, the Development Bank of Wales has worked with and supported a broad range of businesses across the Welsh economy to help them survive, recover and grow during extremely difficult times.

In total, the Development Bank invested £197.6 million in the 2020/21 financial year.  Whilst £92 million in loans came from the Covid-19 Wales Business Loan Scheme (CWBLS) to support companies through the pandemic, investments from all our BAU funds also remained stable.  £105.6 million provided a range of support for businesses across all areas of the economy and all stages of growth.

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