CIBC FirstCaribbean is a major Caribbean bank offering a full range of financial services in retail and corporate banking, wealth management, treasury sales and trading, and investment banking.
CIBC Cayman Bank Limited has Category B banking license number 1197604 issued by the Cayman Islands Monetary Authority. This type of license allows CIBC Cayman Bank Limited to conduct banking 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 CIBC Cayman Bank Limited failure its depositors will not get any compensation.
CIBC Cayman Bank Limited is authorized and supervised by the Cayman Islands Monetary Authority.