The Development Bank of Wales

Part of 1. Questions to the Minister for Economy and Transport – in the Senedd at 1:58 pm on 13 February 2019.

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Photo of Ken Skates Ken Skates Labour 1:58, 13 February 2019

Yes. The Development Bank of Wales manages a number of funds for the Welsh Government, which it invests in Welsh businesses to enable them to grow and to prosper. The returns received from these investments are either recycled within the fund for future investments or repaid back to Welsh Government.