Truist Bank

Anna Mileiko Created by Anna Mileiko

Truist Bank Logo

Address

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands

BIC

n/a

Overview

Category

Category B (Banking)

Business Focus

international banking

Branch Banking and Trust Company (BB&T) was founded in 1872. Branch Banking and Trust Company provides a broad range of financial services including banking, lending, insurance, trust and wealth management solutions. In 2020 Branch Banking and Trust Company was rebranded as Truist Bank.

Truist Bank has Category B banking license number 88015 issued by the Cayman Islands Monetary Authority. This type of license allows Truist Bank to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Services

banking services

Clients

international clients only

Area Served

internationallyinternationally

Ways to Bank

Truist Bank delivered its products and services via indirect (offline) channels only, namely:
branch branch

Deposit Guarantee

Protected Amount
0 KYD
Guarantee Fund
none
Covered Accounts
none
Eligible Depositors
none

There is no deposit guarantee scheme in place for Truist Bank. It means that in the event of Truist Bank failure its depositors will not receive any compensation or coverage.

See Also

Contacts

address190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
po box1353

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

Truist Bank was authorized and supervised by the Cayman Islands Monetary Authority.

Bank History

Close Date
31 December 2021
Previous Name
Branch Banking and Trust Company
Flag of the Cayman Islands

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