Development Bank of Wales reports record investment numbers
The Development Bank of Wales made a record 457 investments totalling £103.3m in its last financial year.
In its financial year to the end of March, 2020, the development bank, which is wholly-owned by the Welsh Government, delivered a 29% (£23.2m) rise in investment, both debt and equity, on the previous 2018-19 financial year when it made 420 investments.
It said its investment leverage in a…