REG - CAB Payments Hldgs - Crown Agents Bank representative office in Guyana

Cab Payments HoldingsAnnouncement

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RNS Number : 1714F  CAB Payments Holdings PLC  21 May 2026

21 May 2026

 

CAB Payments Holdings plc and its subsidiaries

("CAB Payments", the "Group" or the "Company")

 

CAB Payments to establish Crown Agents Bank representative office in Guyana

On-the-ground presence facilitates access to fast-growing economy with
excellent connectivity into South America and Caribbean

 

 

Crown Agents Bank ("CAB"), the operating subsidiary of CAB Payments has been
authorised by the Bank of Guyana to establish a permanent representative
office in the country. Guyana has been the fastest growing economy in the
world over the past four years, with this authorisation marking a further
milestone in CAB's strategy of expanding its footprint in growth markets to
unlock client opportunities and drive sustainable growth.

 

Guyana's economy grew at an average rate of 47% between 2022-2024((1)), driven
by its rapid development of the energy and natural resources sector and
investment in infrastructure. CAB's 30-plus-year presence in the country and
strong relationships render it well placed to support Guyana's need for
dependable, specialist financial connectivity to the international markets.

 

Expected to open in the second half of the year, the new office in Georgetown
will create a permanent on-the-ground presence for CAB in South America,
strengthening the firm's ability to support flows across South America, the
Caribbean and other hard-to-reach markets across the Global South. It will
enable CAB to work even more closely with public and private sector clients,
financial institutions and partners, to connect clients to the Group's global
network and specialist FX and payments capabilities.

 

CAB is just one of three international financial institutions (alongside two
US major global banks) invited by the Central Bank of Guyana and the Ministry
of Finance to establish a permanent presence in Guyana, making it well
positioned to capitalise on Guyana's significant economic transformation.

 

The Guyana office follows the establishment of CAB's representative office in
New York in 2025 and office in Abu Dhabi in 2026.

 

Note:

(1) IMF Country Reports. Guyana: 2025 Article IV Consultation-Press Release;
Staff Report; and Statement by the Executive Director for Guyana
(https://www.imf.org/en/publications/cr/issues/2025/05/07/guyana-2025-article-iv-consultation-press-release-staff-report-and-statement-by-the-566712)

 

Neeraj Kapur, Group CEO, commented:

 

"Our enhanced presence in Guyana builds on the strong Americas platform we
have been developing and reflects our long-standing commitment to the region.
It demonstrates the action we are taking to deliver on our ambitious strategy
to drive sustainable growth, expanding our footprint in key markets where
there is a significant opportunity.

 

"For more than three decades, Crown Agents Bank has been at the side of
clients in Guyana and across South America and the Caribbean, including during
periods when other international institutions stepped back. Our permanent
on-the-ground presence will deepen those relationships and strengthen our
ability to support flows across the region, connecting clients to our global
network and FX & payments expertise.

 

"This marks our latest step to provide cross-border payment solutions that
power opportunities across the Global South, delivering prosperity in the
markets that we serve."

 

About CAB Payments:

 

CAB Payments, via its operating subsidiary Crown Agents Bank Limited, exists
to deliver prosperity to the markets we serve. With a network built over more
than 180 years, we connect the world's hardest-to-reach financial markets to
the global economy, moving money across 125 currencies and 800+ currency pairs
via API, digital platforms or bespoke solutions. Crown Agents Bank Limited is
one of the first banks to achieve B Corporation™ status and holds the
Platinum Sustainability Rating from EcoVadis, ranking within the top 1% of
companies assessed globally.

 

LEI 8945007OZHZDN4LW1G21

 

For further information, please contact:

 

 CAB Payments Holdings plc

 Gaurav Patel, Head of Investor Relations

 ir@cabpayments.com

 www.cabpayments.com

 FTI Consulting

 (Public Relations Adviser to CAB Payments)

 Edward Bridges                               +44 (0) 7768 216 607

 Katherine Bell                               +44 (0) 7976 870 961

 cabpayments@fticonsulting.com

 

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