Translate the text from English to Welsh.



 
The Welsh Government’s Programme for Government includes a commitment to support the creation of a Community Bank for Wales, in order to seek to address the market failure in relation to the gap in provision, the effectiveness and the quality of banking services in Wales.


The Economy Minister has today confirmed that Monmouthshire Building Society, working with the Welsh Government and Cambria Cydfuddiannol Ltd (CCL), has announced its intent to develop its approach of delivering a community bank in Wales, Banc Cambria, which will aim to provide everyday full retail banking services in communities across Wales by 2023\.


The UK has one of the least diverse Retail Banking systems in Europe, dominated by a small number of very large banks, which operate according to a shareholder\-value business model, seeking to maximise profits for their owners.


Since Welsh Ministers initially set out plans to explore the creation of a Community Bank for Wales, traditional High Street Banks have further accelerated their retreat from Wales’ High Streets.


An increasing number of communities across Wales are now left without access to accessible banking services, which Ministers believe is an essential public service, with rural communities and those individuals and businesses across Wales, who are more reliant upon cash, and face\-to\-face relationship banking, being hit the hardest.


Retail High Street Banks are retreating from our High Streets at an ever increasing and alarming pace:


* According to ONS data, the number of bank branches in the UK has fallen by 4,390, or by 39% between, 2012 and 2021\.
* Which? estimates that by the end of 2022, only 277 Bank and Building Society branches will remain in Wales.


Economy Minister, Vaughan Gething said:



> “Our vision for the Community Bank for Wales is one that is based on the mutual model, owned by, and run for, the benefit of its members, rather than the maximisation of profit for shareholders. It will be a modern, full service community bank, headquartered in Wales, providing access to bilingual products and services, through a range of channels including digital, online and in\-branch.
> 
> 
> “The Bank will facilitate local investment and enhance community wealth\-building, recirculating savings into loans and preventing capital drain. We very much hope it will provide a positive impact on communities and high streets across Wales, improving access to everyday banking services for all citizens regardless of income or wealth, as well as for small businesses across the whole of Wales.


Monmouthshire Building Society has today announced its intent to develop its approach of delivering a community bank in Wales, Banc Cambria.


Banc Cambria aims to provide everyday full retail banking services, offering multichannel, bilingual banking services for individuals and small businesses; accessible through telephone, digital, online and face\-to\-face.


Banc Cambria cannot replace the increasing number of branches closed by the High Street Banks. However, Banc Cambria aims to establish around 30 new outlets over the next decade – with a focus on communities that have lost provision.


Banc Cambria estimates that the Community Bank for Wales could have a customer launch during 2023\.


The Minister added:



> “Delivery of a community bank is a good fit for Monmouthshire Building Society, a Welsh mutual headquartered in Newport. They have been serving and supporting members and communities across South and West Wales to save and flourish for over 150 years. As a Mutual, they are already a purpose\-led organisation, providing communities with access to financial help and support in locations that are convenient for them.
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> “Whilst there is still much work to be done, with key milestones and further decision points ahead for both the Welsh Government, the Society and Cambria Cydfuddiannol Ltd, we remain committed to providing all appropriate and necessary support in order to help accelerate the establishment and roll out of Banc Cambria across Wales.


CEO of Monmouthshire Building Society, Will Carroll said:



> “Whilst this project is in its early stages, the Society is delighted to be working with Welsh Government to bring to life the aspiration of a community bank for Wales.  We believe that delivering a community bank will support the Society’s purpose to bring more relevant services to more members in more places in Wales.


Over the past two years, the Welsh Government has supported exploratory work undertaken by Cambria Cydfuddiannol Ltd (CCL), a co\-operative society established to explore the creation of Banc Cambria as the Community Bank for Wales.


CCL’s Chair, Alex Bird said:



> “The Monmouthshire are a perfect fit to deliver Banc Cambria. As a modern mutual their focus is on supporting communities and delivering value to members. Working with the team at Monmouthshire, it is clear they are a brand to trust in the marketplace and we are confident that the values we have developed will be in safe hands with them.







Translation:


 
Mae Rhaglen Lywodraethu Llywodraeth Cymru’n cynnwys ymrwymiad i gefnogi’r broses o greu Banc Cymunedol i Gymru, er mwyn ceisio mynd i’r afael â methiant y farchnad mewn perthynas â’r bwlch yn narpariaeth, effeithiolrwydd ac ansawdd gwasanaethau bancio yng Nghymru.


Cadarnhaodd Gweinidog yr Economi heddiw fod Cymdeithas Adeiladu Sir Fynwy, gan weithio gyda Llywodraeth Cymru a Cambria Cydfuddiannol Ltd (CCL), wedi cyhoeddi ei bwriad i ddatblygu’r ffordd y byddai’n cyflwyno banc cymunedol yng Nghymru, Banc Cambria, a fydd yn ceisio darparu gwasanaethau bancio manwerthu llawn ledled Cymru erbyn 2023\.


Mae gan y DU un o’r systemau Bancio Manwerthu lleiaf amrywiol yn Ewrop, sydd wedi’i dominyddu gan nifer bach o fanciau mawr iawn. Maent yn gweithredu yn unol â model busnes gwerth rhanddeiliaid, sy’n ceisio gwneud yr elw mwyaf i’w perchnogion.


Ers i Weinidogion Cymru nodi cynlluniau i ddechrau ar gyfer ystyried y gwaith o greu Banc Cymunedol i Gymru, mae Banciau’r Stryd Fawr traddodiadol wedi cyflymu eu proses o gilio o Stryd Fawr Cymru ymhellach.


Mae nifer cynyddol o gymunedau ledled Cymru bellach wedi cael eu gadael heb fynediad at wasanaethau bancio hygyrch, y mae Gweinidogion yn credu sy’n wasanaeth cyhoeddus hanfodol – gan effeithio fwy ar y cymunedau gwledig a’r unigolion a’r busnesau hynny ledled Cymru, sy’n dibynnu fwy ar arian parod, a bancio drwy berthynas wyneb yn wyneb.


Mae Banciau Manwerthu’r Stryd Fawr yn cilio o’n Stryd Fawr ar gyflymder brawychus sy’n parhau i gyflymu:


* Yn ôl data ONS, mae 4,390 yn llai o ganghennau banciau yn y DU, sy’n ostyngiad o 39%, rhwng 2012 a 2021\.
* Mae Which? yn amcangyfrif erbyn diwedd 2022, dim ond 277 o ganghennau Banciau a Chymdeithasau Adeiladu fydd ar ôl yng Nghymru.


Dywedodd Gweinidog yr Economi, Vaughan Gething:



> “Mae ein gweledigaeth ar gyfer y Banc Cymunedol i Gymru yn seiliedig ar y model cydfuddiannol, y bydd aelodau’n berchen arno ac y caiff ei gynnal er eu budd nhw, yn hytrach na sicrhau’r elw fwyaf i randdeiliaid. Bydd yn fanc cymunedol modern sydd â gwasanaeth llawn, gyda phencadlys yng Nghymru, gan ddarparu mynediad at gynnyrch a gwasanaethau dwyieithog, drwy amrywiaeth o sianeli gan gynnwys bancio digidol, ar\-lein ac mewn cangen.
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> 
> “Bydd y Banc yn hwyluso’r broses o fuddsoddi’n lleol ac yn ennill cyfoeth cymunedol gan ailgylchdroi arbedion yn fenthyciadau ac osgoi colli cyfalaf. Rydym yn gobeithio’n fawr y bydd yn effeithio’n gadarnhaol ar gymunedau a’r stryd fawr ledled Cymru, gan wella mynediad at wasanaethau bancio bob dydd ar gyfer dinasyddion waeth beth yw eich incwm neu’ch cyfoeth, yn ogystal ag ar gyfer busnesau bach ledled Cymru gyfan.


Mae Cymdeithas Adeiladu Sir Fynwy wedi cyhoeddi heddiw ei bwriad i ddatblygu’r ffordd y bydd yn cyflwyno banc cymunedol yng Nghymru, Banc Cambria.


Nod Banc Cambria yw darparu gwasanaethau bancio manwerthu llawn bob dydd, gan gynnig  gwasanaethau bancio amlsianel dwyieithog i unigolion a busnesau bach; dros y ffôn, yn ddigidol, ar\-lein ac wyneb yn wyneb.


Ni all Banc Cambria ddisodli nifer cynyddol y canghennau sy’n cau oherwydd Banciau’r Stryd Fawr. Fodd bynnag, nod Banc Cambria yw sefydlu tua 30 o safleoedd newydd yn ystod y degawd nesaf, gan ganolbwyntio ar gymunedau sydd wedi colli darpariaeth.


Mae Banc Cambria’n amcangyfrif y gall lansio  i gwsmeriaid yn 2023\.


Ychwanegodd y Gweinidog:



> “Mae cyflwyno banc cymunedol yn addas ar gyfer Cymdeithas Adeiladu Sir Fynwy, Model Cydfuddiannol Cymru sydd â phencadlys yng Nghasnewydd. Maen nhw wedi bod yn gwasanaethu a chefnogi aelodau a chymunedau hyd a lled de a gorllewin Cymru er mwyn arbed a ffynnu am fwy na 150 o flynyddoedd. Fel Model Cydfuddiannol, mae eisoes yn sefydliad sy’n seiliedig ar fwriad, gan roi mynediad i gymunedau at help a chymorth ariannol mewn lleoliadau sy’n gyfleus iddynt.
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> “Er bod llawer o waith i’w wneud o hyd, gyda cherrig milltir allweddol a phenderfyniad pellach i’w gwneud gan Lywodraeth Cymru, y Gymdeithas a Cambria Cydfuddiannol Ltd, rydym yn ymrwymedig o hyd i roi’r holl gymorth priodol ac angenrheidiol er mwyn helpu i gyflymu’r gwaith o sefydlu a chyflwyno Banc Cambria ledled Cymru.


Dywedodd Prif Swyddog Gweithredol Cymdeithas Adeiladu Sir Fynwy, Will Carroll:



> “Er bod y prosiect hwn yn ei gamau cynnar iawn, mae’r Gymdeithas wrth ei bodd i weithio gyda Llywodraeth Cymru i wireddu’r dyhead o gael banc cymunedol yng Nghymru. Yn ein barn ni, bydd cyflwyno banc cymunedol yn cefnogi diben y Gymdeithas o ddarparu mwy o wasanaethau perthnasol i fwy o aelodau mewn mwy o fannau yng Nghymru.


Yn ystod y ddwy flynedd ddiwethaf, mae Llywodraeth Cymru wedi cefnogi gwaith archwiliol a gynhelir gan Cambria Cydfuddiannol Ltd (CCL), cymdeithas gydweithredol a sefydlwyd i ystyried y broses o greu Banc Cambria fel y Banc Cymunedol i Gymru.


Dywedodd Cadeirydd CCL, Alex Bird:



> “Mae Sir Fynwy’n berffaith i gyflwyno Banc Cambria. Fel model cydfuddiannol modern maen nhw’n canolbwyntio ar gefnogi cymunedau a chynnig gwerth i’w haelodau. Drwy weithio gyda’r tîm yn Sir Fynwy, mae’n amlwg ei fod yn frand y gellir ymddiried ynddo yn y farchnad ac rydym yn hyderus y bydd y gwerthoedd rydym wedi’u datblygu yn ddiogel yn eu dwylo nhw.