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.