Norddeutsche Landesbank (NORD/LB) is a universal German bank, focused on providing financial services to private, corporate and institutional customers as well as public sector customers in the Northern Germany. NORD/LB conducts selected activities globally and is represented in important trading centres through its branches and representative offices.
Norddeutsche Landesbank Girozentrale has Category B banking license number 91023 issued by the Cayman Islands Monetary Authority. This type of license allows Norddeutsche Landesbank 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 Norddeutsche Landesbank 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 Norddeutsche Landesbank Girozentrale failure its depositors will not be paid out any compensation.
Norddeutsche Landesbank Girozentrale operated under the brand name NORD LB. This banking brand has presence in the following European countries and selected dependent territories of the European countries:
The following banks operating under NORD LB brand name has been recently closed down: