Established in Brasil, Banco Itaú is one of the largest banks in Latin America. Banco Itaú is a universal bank offering a wide range of retail, private, corporate and investment banking services to a broad spectrum of clients: individuals, SMEs, business entities, transnational corporations and public institutions.
Itau Bank & Trust Cayman Ltd. has Category B banking license number 91038 issued by the Cayman Islands Monetary Authority. This type of license allows Itau Bank & Trust Cayman Ltd. 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 Itau Bank & Trust Cayman Ltd. 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 Itau Bank & Trust Cayman Ltd. failure its depositors will not be paid out any compensation.
Itau Bank & Trust Cayman Ltd. operates under the brand name Banco Itau. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under Banco Itau brand name has been recently closed down: