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, 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.