Crown Agents Bank (CAB) has announced a strategic partnership with Aditya Birla Global Trading (ABGT)—formerly known as Swiss Singapore—to deliver customized financial and liquidity solutions supporting ABGT’s expansion across Africa. The collaboration combines CAB’s deep expertise and long-standing relationships across African markets with ABGT’s global trading capabilities, creating tailored solutions for the region’s dynamic commodity sector.
ABGT, the USD 6 billion international commodity trading arm of the Aditya Birla Group, becomes CAB’s first multinational corporate client, marking a significant step in the bank’s mission to strengthen its role in Africa’s evolving financial ecosystem. The partnership underscores CAB’s ability to adapt its services to the needs of global corporates navigating Africa’s regulatory, trade, and liquidity landscape.
The alliance follows CAB’s recent innovations in trade and payments infrastructure, including a partnership with Surecomp to streamline cross-border trade finance in over 100 currencies across 700 pairs through a Trade Finance-as-a-Service platform. These advancements simplify processes such as origination, issuance, and settlement—critical for high-growth regions like Africa and the Middle East.
Further strengthening its African footprint, CAB recently secured an International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN). This enables the bank to expand its payment services—especially diaspora remittances and international inflows—while deepening collaboration with regulators and non-bank financial institutions in emerging markets.
Through its partnership with ABGT, Crown Agents Bank aims to accelerate trade development and financial inclusion across some of the world’s fastest-growing and most complex markets, reinforcing its position as a key enabler of Africa’s international trade ecosystem.
