5. Statement by the Minister for Economy: Supporting the creation of a Community Bank for Wales

Part of the debate – in the Senedd at 4:41 pm on 14 December 2021.

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Photo of Alun Davies Alun Davies Labour 4:41, 14 December 2021

I'm grateful to the Minister for his statement this afternoon. You'll be aware, Minister, that I met with Banc Cambria in Abertillery some weeks ago to discuss the potential of locating a branch in the town. Many of our Valleys communities have seen the withdrawal of financial services and have seen some real hardship, both for local businesses and local people, as a consequence of that. Many people will be looking at this as an opportunity of seeing financial services back on the high street as a part of an opportunity to reinvigorate town centres in the Valleys and elsewhere. Would you, Minister, work with Banc Cambria, and Members representing seats in the Valleys, to look at how we can ensure that we have a programme of branches and an opportunity to ensure that financial services are available to people up and down the country wherever they happen to live, whether that's Abertillery, Tredegar, Ebbw Vale, Brynmawr or elsewhere? Thank you.