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: 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 the Cayman Islands: in the case of BNP Paribas Fortis failure its depositors will not get any compensation.
BNP Paribas Fortis was authorized and supervised by the Cayman Islands Monetary Authority.