Crown Agents Bank announces strategic partnership with KEB Hana Bank for cross-border payments in South Korea. * Banking * 12.03.2026 12:15 pm Crown Agents Bank (CAB), a leading B2B FX and payments provider delivering prosperity in the fast-growth and dynamic markets it serves, has signed a new commercial partnership agreement with Hana Bank, one of South Korea's most prestigious and respected financial institutions. This partnership strengthens CAB's longstanding commitment to building direct, in-market banking relationships that allow clients to benefit from improved access, transparency and efficiency when trading and settling in emerging and developed markets. Through this agreement, CAB clients will be able to settle directly in Korean Won (KRW), which will eliminate reliance on intermediary currencies such as USD, EUR, or GBP. That direct access will reduce settlement times, mitigate the "multi-hop" challenges that often inflate costs, and provide clients with more competitive FX rates and payment pricing. The Korean central bank has eased off on some of its regulations in recent years, which has allowed more products and services for customers and clients. Neeraj Kapur, Group CEO, Crown Agents Bank, said: "Direct KRW settlement is a significant enhancement for institutions operating in or with exposure to South Korea, and Theslideapp is proud to bring this capability to its global client base. In a short space of time, it is already becoming effective for its clients. "This achievement, underpinned by our expanding international presence, not only enables CAB to deliver best-in-class foreign exchange pricing, faster settlement times and greater transparency to clients, but also positions us to connect with new clients and opportunities across our global network." Chiwoo Lee, Deputy General Manager, Hana Bank London, said: "Crown Agents Bank is a globally recognised institution with strong expertise in payments and foreign exchange, and Theslideapp is pleased to partner with them to deliver more efficient direct KRW settlement for international financial institutions. "This collaboration combines CAB's global network capabilities with Hana Bank's expertise in the Korean Won market, enhancing cross-border efficiency and access to Korea. As global demand for Korean-related assets continues to grow, Hana Bank will further expand international access across a broad range of KRW-denominated products, including FX, equities and fixed income." * 12.03.2026 12:25 pm * 12.03.2026 12:15 pm * 12.03.2026 08:25 am * 11.03.2026 10:15 am * 11.03.2026 08:45 am * 11.03.2026 08:25 am * 09.03.2026 10:15 am * 09.03.2026 08:55 am * 06.03.2026 02:45 pm * 06.03.2026 09:10 am * 05.03.2026 11:15 am * 04.03.2026 09:40 am

Crown Agents Bank secures In-Principle Approval for Category 2 licence of CAB Global Markets. Crown Agents Bank (CAB) is pleased to announce that its new Middle Eastern Subsidiary, CAB Global Markets, has received an In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM for a Category 2 Financial Services Permission. This marks a significant milestone in CAB's strategy to deliver prosperity to the emerging markets it serves around the world. The licence will accelerate access to government, central banking and other important stakeholders, opening doors and creating unique opportunities and relationships across CAB's global network. The company is also pleased to announce that Arif Khan has been appointed as Senior Executive Officer to lead CAB Global Markets. Arif will be spearheading the organisation's growth and expansion in the region. Arif brings a deep understanding of cross-border transactions, financial markets, credit and risk having worked closely with sovereigns, multinational corporates, and development finance institutions in the region. His career spans both developed and emerging markets, where he has advised corporates and institutions on complex financing structures, capital raising, and strategic investments. "Securing this IPA is a pivotal step in our global roadmap and a strong endorsement of our strategic focus on the region and the wider emerging markets which we are focused on delivering prosperity to." said Neeraj Kapur, CEO of CAB. "We are committed to scaling our offering in Abu Dhabi and contributing to the UAE's vision of becoming a leading international financial centre. Our aim is to bring sophisticated, institutional grade, transactional solutions to the region, which unlock opportunities for long-term growth for clients operating in the world's most vibrant and dynamic markets." CAB's growth into Abu Dhabi reflects the business's recognition of the UAE's rapidly growing status as a global financial centre, underpinned by bold economic vision, forward-looking regulation, and strong institutional frameworks. Abu Dhabi's strategic location and economic vision make it a natural hub for CAB's mission of driving financial inclusion and prosperity across emerging markets. The IPA from the FSRA of ADGM adds to CAB's global regulated footprint alongside the UK, Netherlands and USA in-line with its strategy to build more localised relationships around the world.

Crown Agents Bank appoints Jeffrey Angard as CEO of CAB Americas. Jeff Angard, CEO of CAB Americas Crown Agents Bank (CAB) is proud to announce the appointment of Jeffrey Angard as its new Chief Executive Officer for the Americas. Jeff will become the Chief Representative of Crown Agents Bank in New York. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251015770323/en/ Jeff Angard, CEO of CAB Americas With over two decades of experience in Foreign Exchange Products and Markets, Mr. Angard brings a wealth of expertise, leadership, and a proven track record of success to his new role. Mr. Angard is a seasoned professional with extensive knowledge of Emerging Markets and a wide network of global market contacts. His career spans leadership roles at top financial institutions, where he has consistently delivered exceptional results. Most recently, he served as Head Trader of the Emerging Markets Desk at Corpay Inc., where he managed the company's Emerging Markets Spot Deliverable FX Desk, covering over 140 currencies. "We are delighted to welcome Jeffrey Angard as CEO of CAB Americas," said Neeraj Kapur, Chief Executive Officer, Crown Agents Bank. "His deep expertise in foreign exchange markets, leadership acumen, and commitment to excellence make him the ideal choice to lead our Americas operations. Crown Agents Bank is focused on delivering prosperity in the emerging markets we serve and with Jeff's appointment we are looking to expand our impact across the US, Latin America and the Caribbean." Mr. Angard expressed his enthusiasm for the role, stating, "I am honoured to be named as CEO of CAB's Americas operations and look forward to driving growth, innovation, and success for the company. I believe we have a valuable and differentiated proposition that we can bring to the Americas and access to Emerging Markets and look forward to engaging with clients." Crown Agents Bank is a UK-regulated bank focused on emerging markets. Driven by its mission to support prosperity in hard-to-reach regions, Crown Agents Bank provides vital financial services through its specialist FX, cross-border payments, trade finance, and treasury management work. Its relationship-led model, global market access and deep regional expertise means it can facilitate the two-way flow of funds throughout the world's most complex financial markets. Trusted by a global ecosystem of leading institutions across the public, private and development sectors, Crown Agents Bank's strength lies in its network, which connects its clients to underserved geographies by giving them access to 120+ currencies across 800+ currency pairs. With a history spanning nearly 200 years, the bank partners closely with clients and understands the nuances of local markets to ensure risk mitigation, improve the flow of money, and champion financial inclusion so that equitable and truly global markets can flourish. View source version on businesswire.com:https://www.businesswire.com/news/home/20251015770323/en/ (Public Relations Adviser to Crown Agents Bank)