Founded in 1812, Citibank is consumer banking division of Citigroup, an American financial services corporation. Citibank offers retail and commercial banking products and services in four regions: Asia; Europe, the Middle East and Africa; Latin America; North America.
Cititrust Private Trust (Cayman) Limited has Category B banking license number 94045 issued by the Cayman Islands Monetary Authority. This type of license allows Cititrust Private Trust (Cayman) Limited to conduct banking and trustee 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 Cititrust Private Trust (Cayman) 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 Cititrust Private Trust (Cayman) Limited failure its depositors will not be paid out any compensation.
Cititrust Private Trust (Cayman) Limited operated under the brand name Citibank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under Citibank brand name has been recently closed down: