The Bank of Nova Scotia (Scotiabank) is Canada’s international bank and one of the leading financial services providers in North America, Latin America, the Caribbean and Central America. In Canada and internationally Scotiabank provides a wide range of retail, private, corporate banking and wealth management products and services. Since 1968, The Bank of Nova Scotia (Cayman Branch) has been providing a full range of financial products, solutions and advice to retail, small business, corporate and commercial, captive insurance, and wealth customers.
The Bank of Nova Scotia has Category B banking license number 609173 issued by the Cayman Islands Monetary Authority. This type of license allows The Bank of Nova Scotia 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 The Bank of Nova Scotia. It means that in the event of The Bank of Nova Scotia failure its depositors will not receive any compensation or coverage.
The Bank of Nova Scotia is authorized and supervised by the Cayman Islands Monetary Authority.