Canadian Imperial Bank of Commerce

Founded in 1961, Canadian Imperial Bank of Commerce (CIBC) is one of the Canadian largest banks. CIBC provides products and services in the areas of retail and corporate banking, wealth management and capital market both in Canada and internationally.

Canadian Imperial Bank of Commerce has Category B banking license number 65001 issued by the Cayman Islands Monetary Authority. This type of license allows Canadian Imperial Bank of Commerce to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking & Trust)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Canadian Imperial Bank of Commerce 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 Canadian Imperial Bank of Commerce failure its depositors will not be paid out any compensation.

European Presence: 2 banks in 2 countries

Canadian Imperial Bank of Commerce operates under the brand of the same name (Canadian Imperial Bank of Commerce) which has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

  •  (this bank) Canadian Imperial Bank of Commerce (Grand Cayman)

United Kingdom