Cayman Islands Development Bank
President: Mr. Ralph Lewis
PO Box 2576, 36B Dr. Roy's Drive,
Grand Cayman KYI-llO3, CAYMAN ISLANDS
Tel: (345) 949 7511, Fax: (345) 949 6168
Cayman Islands Development Bank (CIDB), a statutory authority wholly owned by the Cayman Islands Government, was established in March 2002. The primary function of the Bank is to mobilize and provide financing for, as well as to promote and facilitate, the expansion and strengthening of the economic development of the Islands. As the islands' only development bank, CIDB’s role is to complement and supplement the activities of the local commercial banks. Lending is primarily focused on three key areas: small businesses, the housing sector and human resource development. The branch is staffed by (15) members. As at the end of the fiscal year, June 2007, the total audited assets of the Bank stood at US$27.2 million.
Cayman National Bank Ltd.
President: Mr. Ormond A. Williams
200 Elgin Avenue, PO Box 1097 GT,
Grand Cayman KY1-1102 CAYMAN ISLANDS
Tel: (345) 949 4655, Fax: (345) 949 7506
Cayman National Bank (CNB) Ltd is headquartered in one of the largest financial centres in the world, the Cayman Islands (CI). CNB is the largest of (16) other wholly-owned subsidiaries of Cayman National Corporation Ltd., a publicly owned and traded Cayman company. The Bank’s mission is “Our business is satisfying our clients’ financial needs. We aspire to be known and preferred for our client focus, innovative products and services, passion for consistent high levels of service, being the best place to work and our ability to create economic value for our shareholders.” CNB with its (8) Customer Service Centres and largest fleet of (18) ATMs, is the only bank with a presence on all 3 islands comprising the Cayman Islands. For more than 35 years, the Cayman National Group of Companies has provided its customers with a full range of domestic and international financial services to meet their personal or business financial objectives-full service retail and corporate banking, online banking, investment services, insurance brokerage, trust services, company formation, administration and management, fund management and wealth management. The Group has also established itself as an integral part of the Cayman Islands, both in the community as well as in the financial arena. Cayman National also has operations in Dubai, Panama and the Isle of Man. Cayman National Bank was voted 'Bank of the Year 2005 and 2008 in the Cayman Islands' by the Banker Magazine. CNB has a staff complement of (225) and its audited asset base at September 2008 was US$1.05 Billion.
National Building Society (Cayman)
General Manager: Mr. Dunbar McFarlane
71 Eastern Avenue, Trinity Square, PO Box 504 G.T
Grand Cayman KY1-1106, CAYMAN ISLANDS
Tel: (345) 945 2014, Fax: (345) 945 2015
The National Building Society of Cayman (NBSC) was established in the Cayman Islands in 1992. It is a subsidiary of Jamaica National Building Society, a leading Jamaican financial institution. NBSC provides home mortgages, savings and fixed deposit accounts, and international money transfer facilities. NBSC’s mission states, “We are a Caymanian financial institution delighting local and international customers with a range of superior savings, loans and other financial products and services.” The present staff complement is (16) and at the end of the fiscal year, March 31, 2009 the asset base was US$32 million.
NCB (Cayman) Ltd.
Managing Director: Mr. Phillip Harrison
Phase II, Cricket Square, Elgin Avenue, PO Box 31120
Grand Cayman, CAYMAN ISLANDS, KY1-1205
Tel: (345) 949 8002, Fax: (345) 949 4006
NCB (Cayman) Ltd. was incorporated in the Cayman Islands in September 1992. The company is a wholly-owned subsidiary of National Commercial Bank Jamaica Ltd. The Bank's principal activities are the provision of offshore private banking and investment management services. As of September 2008 the Bank had an audited asset base of US$98 million and shareholders’ equity of US$14 million.