HSBC Bank (Cayman) Limited

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)

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

Close Date
08 July 2014

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 HSBC Bank (Cayman) Limited failure its depositors will not be paid out any compensation.

European Presence: 20 banks in 17 countries

HSBC Bank (Cayman) Limited operated under the brand name HSBC Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Belgium

Bermuda

Czech Republic

France

Guernsey

Ireland

Isle of Man

Italy

Jersey

Luxembourg

Malta

Netherlands

Poland

Spain

Switzerland

Turkey

United Kingdom

Defunct Banks: 3 banks in 2 countries

The following banks operating under HSBC Bank brand name has been recently closed down:

Cayman Islands

Jersey