HSH Nordbank was established in 2003 as a result of the merger between Hamburgische Landesbank and Landesbank Schleswig-Holstein. HSH Nordbank is focused on providing private and corporate banking products and services to large- and medium-sized German business entities and their owners.
HSH Nordbank AG has Category B banking license number 100107 issued by the Cayman Islands Monetary Authority. This type of license allows HSH Nordbank AG 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 HSH Nordbank AG 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 HSH Nordbank AG failure its depositors will not be paid out any compensation.
The following banks operating under HSH Nordbank brand name has been recently closed down: