Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte

Banco Mercantil del Norte is a Mexican bank providing retail banking and insurance products.

Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte has Category B banking license number 91027 issued by the Cayman Islands Monetary Authority. This type of license allows Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte failure its depositors will not get any compensation.

Contacts

KY1-1107, Grand Cayman, Cayman Islands
694

Deposit Guarantee

Deposit Guarantee
No

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

There is no deposit guarantee scheme in the Cayman Islands.

In the case of Banco Mercantil del Norte, S.A., Institucion de Banca Multiple, Grupo Financiero Banorte failure its depositors will not be paid out any compensation.