OCBC Wing Hang offers a comprehensive range of commercial banking products and services and other financial services such as consumer financing, share brokerage and insurance. Founded in 1937 in Guangzhou (China), in October 2014 the bank became a wholly-owned subsidiary of OCBC Bank (Singapore).
Wing Hang Bank (Cayman) Ltd has Category B banking license number 81050 issued by the Cayman Islands Monetary Authority. This type of license allows Wing Hang Bank (Cayman) Ltd 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 Wing Hang Bank (Cayman) Ltd 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 Wing Hang Bank (Cayman) Ltd failure its depositors will not be paid out any compensation.