Towerbank, Ltd

Towerbank is a Panamian credit institution offering retail, corporate and investment banking products and services.

Towerbank, Ltd has Category B banking license number 81048 issued by the Cayman Islands Monetary Authority. This type of license allows Towerbank, Ltd to conduct banking and trustee operations with non-residents and domestic banking business with other Cayman Islands licenced entities.

Bank Category

Category B (Banking & Trust)

There is no deposit guarantee scheme in the Cayman Islands: in the case of Towerbank, Ltd failure its depositors will not get any compensation.

Contacts

KY1-1107, Grand Cayman, Cayman Islands
694

Deposit Guarantee

Deposit Guarantee
No

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 Towerbank, Ltd failure its depositors will not be paid out any compensation.