New on-the-ground presence in South America will strengthen Crown Agents Bank’s support for clients in Guyana, one of the world’s fastest growing economies, as well as across the Caribbean and wider Americas.
Crown Agents Bank (“CAB”) today announces the granting of a license to establish a representative office in Guyana, the fastest growing economy in the world over the past four years, having been granted authorisation to do so by the Bank of Guyana. CAB looks forward to opening the doors to the office in the second half of this year.
CAB is one of just three international financial institutions (alongside two major US global banks) invited by the Central Bank of Guyana and the Ministry of Finance to establish a permanent presence in Guyana, reflecting CAB’s long-standing support for the country. This includes periods when access to international financial markets and correspondent banking relationships became increasingly complex for Guyana, and when other international financial institutions withdrew from or stopped serving the region.
The new representative office will create a permanent on-the-ground presence for CAB in South America, strengthening client engagement, relationship management and market development. It will enable CAB to work even more closely with public and private sector clients, financial institutions and partners in Guyana and across the wider Americas.
For more than 30 years, CAB has been an enduring partner for Guyana by helping connect the country to global financial markets through specialist FX, payments and cross-border banking capabilities. The decision to establish a representative office reflects CAB’s continued commitment to Guyana’s growth story and to delivering prosperity and meaningful impact in the markets it serves.
Guyana is undergoing a period of significant economic transformation, with its economy recording the highest real GDP growth rate in the world, averaging 47% across 2022-2024*. This is underpinned by its natural resource base, rapid development of the energy sector, increasing investment in infrastructure and the country’s wider ambition to convert growth into long-term national prosperity. With Guyana fast becoming one of the hemisphere’s most closely watched growth stories, dependable specialist financial connectivity to international markets is now critical to sustaining momentum.
The Guyana office will build on CAB’s growing Americas platform, following the establishment of its representative office in New York in 2025. It will strengthen CAB’s ability to support flows across South America, the Caribbean and the Global South, connecting clients to the bank’s global network and specialist transactional banking capabilities.
Jeff Angard, CEO of Americas, Crown Agents Bank, said:
“Guyana’s story is one of resilience, ambition and extraordinary potential. Crown Agents Bank has been part of that story for more than three decades, and our decision to establish a permanent office is a clear signal that we are here to support the Country’s long-term ambitions.
“At a time when Guyana is playing an increasingly prominent role in the global economy, trusted financial connectivity matters more than ever. Our focus is to support clients with the specialist FX, payments and cross-border banking expertise they need to move money securely, efficiently and transparently.
“This is what delivering prosperity in emerging markets means in practice: standing by our clients, building lasting relationships and helping capital flow where it is needed most.”