|Licence Type||Q1 2023||2022||2021||2020||2019||2018|
|Class A Bank & Trust||8||8||7||6||6||8|
|Class A Bank||3||3||3||3||3||3|
|Class A Total||11||11||10||9||9||11|
|Class B Bank & Trust||30||29||33||38||42||46|
|Class B Bank||55||54||58||63||74||76|
|Class B Total||86||83||91||101||116||122|
|Total Bank & Trust Licences||96||94||101||110||125||133|
|Money Services Providers||5||5||5||5||5||5|
|Nominee Trust Companies||18||18||18||20||20||21|
|Money Services Businesses||5||5||5||5||5||5|
Note: The figures for Class A and Class B banks includes licences, branches, subsidiaries, and privates and affiliates.
|Caribbean & Central America||19||18||19||20||22||24|
|Asia & Australia||16||16||16||17||20||20|
|Canada & Mexico||12||12||12||12||13||13|
|Middle East & Africa||2||2||2||2||2||2|
International Assets and Liabilities (updated annually)
As at December 2021, total international assets and liabilities (cross-border positions in all currency and domestic positions in foreign currency) were reported as US$518 billion and US$517 billion, respectively (December 2020: US$597 billion and US$597 billion, respectively). The jurisdiction is now ranked fifteenth internationally based on the value of cross-border assets - US$503 billion (December 2020: US$578 billion) - and fifteenth in terms of cross-border liabilities - US$470 billion (December 2020: US$537 billion), highlighting the role of the Cayman Islands as a financial intermediary.
Of the international assets and liabilities booked by the 101 banks as at December 2021, US$15.3 billion and US$46.7 billion of assets and liabilities, respectively, were booked in the domestic economy with other legally domiciled licensed entities considered as resident entities.