Itau Bank, Ltd.

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, Ltd. has Category B banking license number 92019 issued by the Cayman Islands Monetary Authority. This type of license allows Itau Bank, Ltd. to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Itau Bank, Ltd. failure its depositors will not get any compensation.

Contacts

190 Elgin Avenue, KY1-1108, Grand Cayman, Cayman Islands
1353

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 Itau Bank, Ltd. failure its depositors will not be paid out any compensation.

European Presence: 7 banks in 4 countries

Itau Bank, 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:

Cayman Islands

Portugal

Switzerland

United Kingdom

Defunct Banks: 2 banks in 2 countries

The following banks operating under Banco Itau brand name has been recently closed down:

Luxembourg

United Kingdom