Golomt Bank JSC and CAB, United Kingdom, are pleased to announce the establishment of a new correspondent banking relationship. The addition of CAB for Euro and British Pound correspondent transactions enhances Golomt Bank’s commitment to providing useful services to better meet diverse customer needs.

CAB is a UK-regulated FX and cross-border payments services provider specializing in hard-to-reach markets. Through its network, technology and anti-financial crime expertise helps governments, institutions, and other organizations access underserved geographies and move money where it’s needed. Golomt Bank would like to congratulate CAB on recently achieving B Corporation (B Corp) status, affirming that they meet the highest standards of social and environmental performance, transparency, and governance in their business.

Golomt Bank proudly leads the market with 48 active correspondent accounts in 15 major currencies with 26 international financial institutions from Asia, the Middle East, Europe, and the United Kingdom. With its vast network within the local market, Golomt Bank facilitates over 35% of all cross-border payment transactions.