Banco Português de Investimento (Banco BPI, eng: Portuguese Investment Bank) is a head company of BPI Group, focused on corporate and retail banking activities and provision of investment banking services, asset management and insurance. Banco BPI Cayman, Ltd. operated as a subsidiary of Banco BPI (Portugal).
Banco BPI Cayman, Ltd. has Category B banking license number 100067 issued by the Cayman Islands Monetary Authority. This type of license allows Banco BPI Cayman, Ltd. 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 Banco BPI Cayman, Ltd. failure its depositors will not get any compensation.
Banco BPI Cayman, Ltd. was authorized and supervised by the Cayman Islands Monetary Authority.