Tag: Crown Agents Bank

Crown Agents Bank’s Duarte Pedreira cited on emerging-market trade finance in Euromoney

The problem of unfinanced trade is nothing new in Africa. In an article for Euromoney, Duarte Pedreira, Head of Trade Finance at Crown Agents Bank, warns that the “real issue” underlying the African trade finance gap is that “Banks are moving more and more towards financing the same counterparties, which is creating concentration risk. Whilst …

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Crown Agents Bank shortlisted for British Expertise International Awards 2018

Crown Agents Bank has been shortlisted for British Expertise’s prestigious International Collaborative Project award following recognition of its successful collaboration with a leading international charity. The longstanding partnership provides the charity with the secure – and competitively priced – supply of foreign exchange it needs. Now in its fourth year, this strong relationship is built on the …

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​Crown Agents Bank’s Albert Maasland cited in Global Risk Regulator on impact of Caribbean derisking

The Banker‘s Global Risk Regulator magazine has cited Albert Maasland, CEO of Crown Agents Bank, on the impact on the Caribbean of banks’ derisking. With the region having been “hurt disproportionately” by the withdrawal of correspondent banking services, Maasland notes that “Losing access to dollar payment capabilities for the commercial banking sector can be very, very difficult”.

Crown Agents Bank’s new foreign exchange trading platform covered in the specialist press

EMpowerFX provides clients with direct access to real time quotes for well in excess of 500 emerging and developed-market currency pairs. The platform’s launch was covered across the specialist financial and foreign exchange press, including FX-Week, Forex News, Treasury Today, Profit & Loss, COVER South Africa, Institutional Asset Manager, Modern Ghana, FTSE Global Markets, Global Banking and Finance Review, Banking Technology, and Caribbean News Now.

Crown Agents Bank’s Theresa Henshaw surveys the African currency landscape in an article for GTNews

African currencies have undergone tremendous volatility over the past year, with significant depreciations – as well as some surprise recoveries – making headlines. In an article for GTNews, Crown Agents Bank’s deputy treasurer, Theresa Henshaw, explains that the background to such instability has been equally fickle raw material prices. These have dampened growth and put …

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Appointment of Crown Agents Bank’s new CEO makes its mark on the specialist trade and financial press

Albert Maasland is taking up the reins at Crown Agents Bank and Crown Agents Investment Management. Having been non-executive director of the group, Maasland also brings experience from JP Morgan, HSBC, Deutsche Bank, Standard Chartered and Saxo Bank. FX-MM magazine and Trade & Export Finance covered news of the appointment.

Crown Agents Bank’s trade finance appointments covered in the specialist press

Crown Agents Bank has added two new Vice Presidents to its trade finance department. Kenton Hartwell brings 25 years of trade finance experience to Crown Agents Bank, and will focus on originating trade finance from exporters/beneficiaries and from the secondary market. He most recently held senior positions in the structured trade & commodity finance department …

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Richard Jones and Duarte Pedreira of Crown Agents Bank discuss emerging-market risks in The Banker

Faced with the regulatory compliance costs of high-risk jurisdictions, many banks have taken the derisking route – cutting down correspondent networks and retreating from certain markets. In the latest edition of The Banker, Richard Jones, CEO of Crown Agents Bank and Duarte Pedreira, the bank’s head of trade finance, offer their insights into the causes …

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Crown Agents Bank addresses the issue of risk-based approaches to AML in Payments Compliance

Taking a risk-based approach to facilitating international financial flows forms a key part of complying with anti-money laundering (AML) regulation – itself essential to combating financial crime. But is maintaining such an approach becoming too costly and complex for international banks? Richard Jones, CEO of Crown Agents Bank, offers his perspectives to specialist magazine, Payments Compliance. In …

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New appointments at Crown Agents Bank reported in the specialist press

Rory Hanly is the new Group Chief Operating Officer of the Crown Agents Bank Group, overseeing both Crown Agents Bank and its investment management arm, Crown Agents Investment Management. Hanly will refine the bank’s core operating processes, systems and procedures, with combined responsibility for operations and IT, ensuring effective collaboration across the bank, including business …

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