Mizrahi Tefahot Bank is the fourth-largest bank in Israel. Mizrahi Tefahot Bank provides a broad range of international, commercial, domestic and personal banking services.
Mizrahi Tefahot Bank Ltd. has Category B banking license number 78022 issued by the Cayman Islands Monetary Authority. This type of license allows Mizrahi Tefahot Bank Ltd. 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 Mizrahi Tefahot Bank 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 Mizrahi Tefahot Bank Ltd. failure its depositors will not be paid out any compensation.