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Banking and finance in Wales

From Wikipedia, the free encyclopedia
Economic sector in Wales

Banking and finance in Wales is the industries of banking and finance inWales.

National banks

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TheDevelopment Bank of Wales is an investment bank that was founded by the Welsh Government. It invests in businesses, particularly start-ups by providing growth capital.[1]

Banc Cambria is a proposed Welsh community bank currently under development and aimed to be operating in Wales.[2]

Building societies

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Principality Society branch, Barry

TheSwansea Building Society (Welsh:Cymdeithas Adeiladu'r Abertawe) is an independent mutualbuilding society based inSwansea, Wales. It is a member of theBuilding Societies Association.[3]

ThePrincipality Building Society (Welsh:Cymdeithas Adeiladu'r Principality) is abuilding society based inCardiff,Wales. With assets of £10bn it is the largest building society in Wales.[4]

Insurance

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Admiral Group plc is aWelshfinancial services company headquartered inCardiff,Wales. Listed on theLondon Stock Exchange, it is a constituent of theFTSE 100 Index, and markets theAdmiral,Bell,Elephant,Diamond andVeygovehicle insurance brands, as well as launching theprice comparison servicesConfused.com andCompare.com.[5] The group employs more than 10,000 people across its brands.[6]

Thomas Carroll Group plc is aWelsh provider of business and personal insurance, financial management,health & safety andemployment law consulting services.[7]

References

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  1. ^"Who we are | Development Bank of Wales".developmentbank.wales. Retrieved2022-06-26.
  2. ^"Banc Cambria | Monmouthshire Building Society".www.monbs.com. Retrieved2022-06-26.
  3. ^"Building Societies Yearbook 2020/21". Building Societies Association. Archived fromthe original on 30 July 2021. Retrieved14 May 2021.
  4. ^https://www.principality.co.uk/en/About-Us/Media-Centre/20130731-Principality-grows-to-sixth-largest-building-society-in-the-UK.aspx[dead link]
  5. ^Treanor, Jill (2015-05-13)."Admiral insurance founder to step down after 25 years".The Guardian. Retrieved2019-07-16.
  6. ^"Our Story".Admiral jobs. Retrieved2020-10-22.[permanent dead link]
  7. ^"About Thomas Carroll Group plc | Thomas Carroll, South Wales". Thomascarroll.co.uk. 2014-06-20. Archived fromthe original on 2015-04-19. Retrieved2015-04-23.
Companies
Finance
Banking
Wales
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