AwardedAwarded 25 June 2026
The Provision of a Loan Administration System
Development Bank of Wales · Central government
In brief
Development Bank of Wales awarded financial services work to Pancredit Systems Ltd on 25 June 2026.
Built from the notice's own fields. Always check the official notice before you bid.
What the notice says
This notice is being published to advise the market that the Development Bank of Wales has signed a contract with Pancredit Systems Limited to continue with the provision of a Loan Administration System ('LAS') to manage its SME loan portfolio.
Who won
| Winner | Value | Dates |
|---|---|---|
| Pancredit Systems Ltd | £2,202,930 | Awarded 1 June 2026 25 June 2026 to 31 May 2036 |
Values as the award notice gives them, excluding VAT where stated.
Timeline
- Transparency notice · UK5, notice 055704-2026
- Contract award notice · UK6, notice 058025-2026
- Contract details notice · UK7, notice 060485-2026
About the buyer
Development Bank of WalesLast 12 months
Procurements
16Awards
12Suppliers it has used most for financial services
- Azets Holdings Limited1 contract
- Experian Limited1 contract
- Pancredit Systems Ltd1 contract
Similar open tenders
All open financial services tenders- £70kestimated
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From notice 055704-2026 on Find a Tender, first published 12 June 2026, last updated 26 June 2026. We last checked for changes on 28 September 2026.