Popular Bank Llc (Cayman) is a a non-operational subsidiary of Popular Bank Ltd (Panama), a financial entity belonging to Grupo Popular establishedd in Panama in 1983.
Popular Bank Llc, Cayman has Category B banking license number 86029 issued by the Cayman Islands Monetary Authority. This type of license allows Popular Bank Llc, Cayman to conduct banking and trustee 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 Popular Bank Llc, Cayman 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 Popular Bank Llc, Cayman failure its depositors will not be paid out any compensation.