Svenska Handelsbanken is one of the largest banks in Sweden. Svenska Handelsbanken operates as a universal bank providing retail, private, corporate and investment banking products and services.
Svenska Handelsbanken has Category B banking license number 87025 issued by the Cayman Islands Monetary Authority. This type of license allows Svenska Handelsbanken 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 Svenska Handelsbanken failure its depositors will not get any compensation.
Svenska Handelsbanken is a member of Svenska Handelsbanken (Sweden).
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 Svenska Handelsbanken failure its depositors will not be paid out any compensation.