Landesbank Hessen-Thuringen (Helaba) offers a broad range of financial services to companies, banks, institutional investors and public sector, both in Germany and internationally. Helaba is also a central clearing institution and service provider for about a half of German savings banks (Sparkassen).
Landesbank Hessen-Thuringen Girozentrale has Category B banking license number 81037 issued by the Cayman Islands Monetary Authority. This type of license allows Landesbank Hessen-Thuringen Girozentrale 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 Hessen-Thuringen Girozentrale 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 Hessen-Thuringen Girozentrale failure its depositors will not be paid out any compensation.
Landesbank Hessen-Thuringen Girozentrale operates under the brand name Landesbank Hessen Thuringen. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under Landesbank Hessen Thuringen brand name has been recently closed down: