Caledonian Bank Limited

Business Focus
domestic and international banking

On 10 February 2015 Caledonian Bank Limited and Caledonian Securities Limited were placed into controllership by the Cayman Islands Monetary Authority. The both companies were ordered to be placed into official liquidation by an order of the Grand Court of the Cayman Islands dated 23 February 2015 and the controllers were appointed as joint official liquidators. The Cayman Islands Monetary Authority revoked the operating licenses for both Caledonian Bank Limited and Caledonian Securities Limited. The operation of all services to customers and clients remains frozen while the joint official liquidators complete their reconciliation of all clients’ assets and implement a strategy that will begin to see funds returned to clients and creditors.

Caledonian Bank Limited has Category A banking license number 100152 issued by the Cayman Islands Monetary Authority. This type of license allows Caledonian Bank Limited to conduct banking operations both in the domestic and international markets and provide services to residents and non-residents.

Bank Category

Category A (Banking)

Services

banking services

Clients

domestic and international clients

Area Served

KYCayman Islands
internationally

Ways to Bank

Caledonian Bank Limited delivered its products and services through both direct and indirect channels, namely:
branch
online banking

Deposit Guarantee

Protected Amount
0 KYD
Guarantee Fund
none
Covered Depositors
none
Covered Accounts
none

There is no deposit guarantee scheme in the Cayman Islands: in the case of Caledonian Bank Limited failure its depositors will not get any compensation.

Contacts

KY1-1102, Grand Cayman, Cayman Islands
1043

Bank Identifiers

LEI
5493005HS64VUPUS0U06

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

Caledonian Bank Limited was authorized and supervised by the Cayman Islands Monetary Authority.

Bank History

Close Date
10 February 2015

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