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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

The Banking Division was responsible for the supervision of 123 banks as at the end of September 2020 (June 2020: 123 and September 2019: 132). These are comprised of 6 retail and 3 non-retail Category ‘A’ banks, and 114 Category ‘B’ banks, portraying a sound and resilient banking sector in a challenging global financial environment. The majority of these banks are branches (76) and subsidiaries (32) of international banks from North America, Europe, and South America, as shown below.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As at December 2019, total international assets and liabilities (cross-border positions in all currency and domestic positions in foreign currency) were reported as US$663 billion and US$662 billion, respectively (December 2018: US$672 billion and US$674 billion, respectively). The jurisdiction is now ranked fourteenth internationally based on the value of cross-border assets - US$640 billion (December 2018: US$652 billion) - and thirteenth in terms of cross-border liabilities - US$610 billion (December 2018: US$622 billion), highlighting the role of the Cayman Islands as a financial intermediary.

Cross-Border Assets and Liabilities (Updated Annually) 

 

 

 

 

 

 

 

 

 

 

 

Of the international assets and liabilities booked by the 125 banks as at December 2019, US$21 billion and US$50 billion of assets and liabilities, respectively, were booked in the domestic economy with other legally domiciled licensed entities considered as resident entities.

Domestic Assets and Liabilities in Foreign Currency (Updated Annually)

Domestic Assets and Liabilities in Foreign Currency

 

 

 

 

 

 

 

 

 

 

 

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. Licensees represent over 40 countries from across the globe.

 

 

 

 

 

 

 

 

 

 

 

 

 

The Cayman Islands is 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$674 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 Q3 2020*View

Number of Banks by Category Q3 2020*View

Number of Banks by Region Q3 2020*View

List of Regulated Entities (Updated Quarterly)

List of Category A Banks Q3 2020*View

List of Category B Banks Q3 2020*View

List of Nominee Companies Supervised by the Banking Division Q3 2020*View

List of Other Entities Q3 2020*View