EFG Bank (Cayman) is part of the global private banking provides EFG International. EFG Bank (Cayman) provides private banking solutions to individuals, families and institutions. EFG Bank (Cayman) also offers trust services, fund administration, discretionary investment management and trading.
EFG Bank has Category B banking license number 100179 issued by the Cayman Islands Monetary Authority. This type of license allows EFG Bank 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 EFG Bank 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 EFG Bank failure its depositors will not be paid out any compensation.
The following banks operating under EFG Bank brand name has been recently closed down: