Crown Agents Bank wins Foreign Exchange Award for Best FX Provider for Emerging Market Currencies
Published // 29th November 2019
Global Finance Magazine honours Crown Agents Bank alongside international companies in 113 countries
London, 29th November 2019 – Crown Agents Bank, a UK regulated provider of wholesale foreign exchange and cross-border payments services, today announced that it has been awarded Global Winner for “Best FX Provider for Emerging Market Currencies” by a panel of industry experts acting for the Global Finance magazine Foreign Exchange 2019 Industry Awards.
The award recognises Crown Agents Bank’s contribution to governments, international development organisations, banks and non-bank financial institutions, helping to empower financial inclusion in Africa and across other emerging and frontier markets.
Crown Agents Bank’s EMpowerFX platform provides clients with direct real-time access to competitive FX pricing and execution capabilities. The platform offers direct access to over 100 GIO, emerging and frontier market currencies, supporting trading across more than 400 currency pairs whilst allowing wholesale clients full control and transparency of workflows.
Joseph D. Giarraputo, Publisher and Editorial Director, Global Finance said: “Global Finance’s annual FX Awards showcase financial institutions that provide the stability and insight that help clients navigate this complex and rapidly changing environment.”
Commenting on the accolade, Albert Maasland, CEO for Crown Agents Bank, said: “We are proud that our ongoing technology innovation, improved efficiency and industry-leading team, focussed specifically on the particular challenges of frontier market FX and payments, has been singled out for this award. We are dedicated to continuing to improve our offering in line with changing market needs and will always strive to deliver a great FX and payment service to our customers, helping them move money where it’s needed as efficiently as possible.”
The Global Finance Corporate FX Award finalists undergo extensive scrutiny on the basis of innovation, improved efficiency, risk reduction, and lower costs among other key factors.
About Crown Agents Bank
Crown Agents Bank moves money to, from and across developing, emerging and frontier markets, with unique access in territories that others cannot serve. Marrying its unrivalled heritage with the needs of 21st century business and global affairs, the Bank uses leading technology to ensure all of this is done as efficiently and securely as possible.
Crown Agents Bank is a regulated provider of wholesale foreign exchange and payments services between global organisations and developing, emerging and frontier markets. Crown Agents Bank’s in-depth financial market experience spans almost two centuries. In this time, the Bank has built relationships with organisations all over the world to become the leader in its field.
It offers a range of solutions to meet the needs of governments, international development organisations financial institutions and corporates, encompassing: foreign exchange, international payments, trade finance, and pensions and payroll.