In 2009 Belgian Fortis Bank was merged into BNP Paribas Group, forming BNP Paribas Fortis. BNP Paribas Fortis offers a broad range of financial products and services to various customer groups, including individuals and families, high-net-worth individuals, entrepreneurs and companies, local authorities and social sector.
BNP Paribas Fortis operated as a subsidiary of BNP Paribas Fortis (Belgium).
BNP Paribas Fortis has Category B banking license number 100090 issued by the Cayman Islands Monetary Authority. This type of license allows BNP Paribas Fortis to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in place for BNP Paribas Fortis. It means that in the event of BNP Paribas Fortis failure its depositors will not receive any compensation or coverage.
BNP Paribas Fortis was authorized and supervised by the Cayman Islands Monetary Authority.