St. Georges Bank & Trust Company (Cayman) is a member of Promerica Group (Nicaragua). Promerica Group founded in Nicaragua in 1991 is focused on providing private banking and credit cards products in Central America.
St. Georges Bank & Trust Company (Cayman) Ltd. has Category B banking license number 580495 issued by the Cayman Islands Monetary Authority. This type of license allows St. Georges Bank & Trust Company (Cayman) 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 place for St. Georges Bank & Trust Company (Cayman) Ltd.. It means that in the event of St. Georges Bank & Trust Company (Cayman) Ltd. failure its depositors will not receive any compensation or coverage.
St. Georges Bank & Trust Company (Cayman) Ltd. is authorized and supervised by the Cayman Islands Monetary Authority.