Bond and Crown Agents Bank launch new partnership to support INGO connections with financial services
Today, Tuesday 9 April, Bond and Crown Agents Bank are pleased to announce a new partnership to deepen INGO’s knowledge and understanding of the support financial services offer in the timely, safe and transparent delivery of funds into crisis.
The partnership will support Bond’s member organisations to improve their relations with their banking partners and gain access to Crown Agents Bank’s expertise which will help INGOs develop new solutions to better meet the needs of the communities they serve.
Through a range of in-person events and collaborative content Crown Agents Bank and Bond will help INGOs understand the nuances of cross-border payments and foreign exchange (FX) for hard-to-reach markets. The partnership will also provide the space for improved dialogues with Finance Directors of INGOs on the changing needs of the INGO space, from accessing new markets, last mile payments and new technological solutions.
Speaking about the partnership, Bond’s Director of Membership and Communications, Michael Wright said:
We’re excited to work with Crown Agents Bank to improve INGOs knowledge and access to financial services as we support their vital work in some of the world’s most challenging environments. This collaboration will provide the opportunity to advance INGOs’ financial abilities to provide immediate responses and long-term recovery initiatives to humanitarian crises.
Ciara Joyce, Head of International Development Client Coverage at Crown Agents Bank said:
At Crown Agents Bank, we know that collaboration sits at the very heart of the international development sector. Our new partnership with Bond will allow us to continue to solve some of the most complex challenges in the payments and FX space, where the real, lived impact of our work is always at the forefront, and create new platforms and opportunities to build the relationship between financial services and our development sector colleagues. We are incredibly excited to become a bigger part of the Bond community.
ENDS.
Notes for editors
- Workshops and events will take place from May 2024, Bond members can refer to Bond’s website for the latest updates.
- Crown Agents Bank is a global wholesale bank, regulated in the UK, specialising in cross-border payments and FX for hard-to-reach markets. Through its unrivalled network, technology, and expertise it helps governments, institutions, and organisations access underserved geographies and move money where it’s needed. Crown Agents Bank believes that for an equitable and truly global market to flourish, organisations need to work with partners that understand the nuances of local markets to help mitigate risk, improve the flow of money, and create opportunities for individuals, businesses, and economies.
- Bond is the UK network for organisations working in international development. Bond unites and supports a diverse network of over 350 civil society organisations from across the UK, and allies to help eradicate global poverty, inequality and injustice.
- For further information or interviews, please contact Jess Salter, Media Adviser at Bond at [email protected] or call 07392972411.
