Established in 1912, Bank of China is a universal bank, providing a broad range of personal, corporate and investment banking products and services both at domestic and international markets.
Bank of China Limited has Category B banking license number 82012 issued by the Cayman Islands Monetary Authority. This type of license allows Bank of China Limited to conduct banking 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 Bank of China Limited failure its depositors will not get any compensation.
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 Bank of China Limited failure its depositors will not be paid out any compensation.
The following banks operating under Bank of China brand name has been recently closed down: