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Cayman Islands
SIX, Cricket Square
PO Box 10052
Grand Cayman KY1-1001
Cayman Islands
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+1 (345) 949-7089

Business Hours

Monday - Friday, 8:30 a.m - 5:00 p.m
Banking Services Statistics Overview

CIMA was responsible for the supervision of 99 banks as at the end of June 2022 (March 2022: 100 and June 2021: 110). These are comprised of 6 retail and 5 non-retail Category ‘A’ banks, and 88 Category ‘B’ banks, portraying a sound and resilient banking sector in a challenging global financial environment. The majority of these banks are branches (60) and subsidiaries (28) of international banks from North America, Europe, and South America.

 

 

 

 

 

 

 

 

 

 

 

 

 

International Assets and Liabiities (Updated Annually)

As at December 2020, total international assets and liabilities (cross-border positions in all currency and domestic positions in foreign currency) were reported as US$597 billion and US$597 billion, respectively (December 2019: US$663 billion and US$662 billion, respectively). The jurisdiction is now ranked sixteenth internationally based on the value of cross-border assets - US$578 billion (December 2019: US$640 billion) - and fourteenth in terms of cross-border liabilities - US$537 billion (December 2019: US$610 billion), highlighting the role of the Cayman Islands as a financial intermediary.

Of the international assets and liabilities booked by the 110 banks as at December 2020, US$19 billion and US$60 billion of assets and liabilities, respectively, were booked in the domestic economy with other legally domiciled licensed entities considered as resident entities.

Banks by Region (Updated Quarterly)

A reputation of sensible regulation comparable to other international financial centres coupled with a competent workforce of lawyers, bankers, and accountants, provides the base on which Cayman continues to build its clientele. As at 30 June 2022, licensees represent over 40 countries across the following regions: Middle East & Africa (2%), Caribbean, Central America & Mexico (22%), Asia & Australia (16%), South America (25%), Europe (13%) and North America (22%).

 

 

 

 

 

 

 

 

 

 

 

 

 

The Cayman Islands are also recognised as one of the top 10 international financial centres in the world, with over 40 of the top 50 banks holding licences here. This is a testament to the worldwide recognition of the quality of Cayman's financial Industry. Over 80 percent of US$597 billion on deposit and booked through the Cayman Islands, represents inter-bank bookings between onshore banks and their Cayman Islands branches or subsidiaries. These institutions present a very low risk profile for money laundering.

Detailed Statistics (Updated Quarterly)

Number of Licensees & Other Entities Supervised by the Banking Division Q2 2022View

Number of Banks by Category Q2 2022View

Number of Banks by Region Q2 2022View

List of Regulated Entities (Updated Quarterly)

List of Category A Banks Q2 2022View

List of Category B Banks Q2 2022View

List of Nominee Companies Supervised by the Banking Division Q2 2022View

List of Other Entities Q2 2022View