HSBC Bank (Cayman) Limited

Business Focus
domestic and international banking and trust

Following a strategic review, HSBC Bank (Cayman) Limited, an indirect wholly owned subsidiary of HSBC Holdings plc, entered into an agreement to sell parts of its corporate and retail banking business in the Cayman Islands to Butterfield Bank (Cayman) Limited.

HSBC Bank (Cayman) Limited has Category A banking license number 84016 issued by the Cayman Islands Monetary Authority. This type of license allows HSBC Bank (Cayman) Limited to conduct banking and trustee operations both in the domestic and international markets and provide services to residents and non-residents.

Bank Category

Category A (Banking & Trust)

Services

banking services
trustee services

Clients

domestic and international clients

Area Served

KYCayman Islands
internationally

Ways to Bank

HSBC Bank (Cayman) Limited delivered its products and services via indirect (offline) channels only, namely:
branch

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 HSBC Bank (Cayman) Limited failure its depositors will not get any compensation.

HSBC Bank (Cayman) Limited is a member of HSBC (United Kingdom).

Contacts

KY1-1102, Grand Cayman, Cayman Islands
1109

Bank Supervision

Supervised By
Cayman Islands Monetary Authority

HSBC Bank (Cayman) Limited was authorized and supervised by the Cayman Islands Monetary Authority.

Bank History

Close Date
08 July 2014

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