A spokesman for the Welsh Government insists it is dealing with the question of lending to small businesses and that the function of lending to small businesses is already being carried out by Finance Wales which has invested more than £238m in over 2800 companies since 200.
The spokesman also highlighted an independent review led by Professor Dylan Jones Evans which is looking at whether or not High Street Banks are meeting the needs of small businesses. The review will also 'examine other potential sources of finance.'
The Welsh Conservatives' Shadow finance minister sets out his view of what sort of business bank Wales needs and why
Plaid Cymru's economy spokesman sets out what sort of business bank Wales needs and why
Welsh Conservatives outline plans for a network of banks to channel public money to small businesses.