Bank Pan Indonesia (PaninBank) is one of the major banks in Indonesia. PaninBank specializes in providing retail and corporate banking products and services.
P.T. Bank Pan Indonesia TBK has Category B banking license number 90033 issued by the Cayman Islands Monetary Authority. This type of license allows P.T. Bank Pan Indonesia TBK 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 P.T. Bank Pan Indonesia TBK 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 P.T. Bank Pan Indonesia TBK failure its depositors will not be paid out any compensation.