Landesbank Baden-Württemberg (LBBW) is both an universal bank and a commercial bank with a regional focus. LBBW provides products and services in the areas of retail and corporate banking, real estate financing and financial markets.
Landesbank Baden-Württemberg has Category B banking license number 100013 issued by the Cayman Islands Monetary Authority. This type of license allows Landesbank Baden-Württemberg 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 Landesbank Baden-Württemberg 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 Landesbank Baden-Württemberg failure its depositors will not be paid out any compensation.
The following banks operating under LBBW brand name has been recently closed down: