Incorporated in 1974, Altajir Bank is specializing in providing deposit products (call and term deposits) to offshore individuals and companies.
Altajir Bank has Category B banking license number 74001 issued by the Cayman Islands Monetary Authority. This type of license allows Altajir Bank to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of Altajir Bank failure its depositors will not get any compensation.
Altajir Bank is authorized and supervised by the Cayman Islands Monetary Authority.