Banking Statistics

This page covers:

• Overview 
• Detailed Statistics 
• List of Regulated Entities 

Overview

There were a total of 226 banks under the supervision of the Banking Supervision Division at the end of December 2012.  The fundamentals of the banking sector remain sound and the industry in general has been relatively resilient in a very challenging market environment.  Banks continue to consolidate and restructure in search of cost efficiencies, and improvements in operational risk management and governance.

As of September 2011, total assets were reported at US$1.607 trillion down from the same period of the previous year where total assets stood at US$1.725 trillion. 

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 some 45 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 more than US$1 trillion 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

Number of Licensees & Other Entities Supervised by the Banking Supervision Division  

Number of Banks by Category 

Number of Banks by Region 

List of Regulated Entities

List of all Category "A" Banks licensed with the Cayman Islands Monetary Authority (updated quarterly).