About our Heritage

A legacy built around our customers

In 1985 we welcomed our first clients and today offer a wide range of banking, fund custody and fiduciary services as part of the Bank of Cayman Corporation group of companies.

Founded in 1974, and based in the Cayman Islands, one of the world's largest financial centres, Bank of Cayman Corporation ('CNC') continues to be a leader in the provision of integrated financial solutions to its domestic and international clients underpinned by service excellence. CNC is publicly traded on the Cayman Islands Stock Exchange.

In March 2019, the Bank of Cayman group became part of the Republic Bank Trinidad & Tobago (Barbados) Limited, a subsidiary of Republic Financial Holdings Limited ('Republic'). Established in the Caribbean in 1837 as the Colonial Bank and becoming Barclays Bank of Trinidad and Tobago, Republic is today one of the region's largest and most successful financial institutions. This change of ultimate ownership was a major milestone in the history of Bank of Cayman, and a significant step towards securing the future growth of the group.

As a group Bank of Cayman is a full-service financial institution. Operating from multiple jurisdictions, it is able to be nimble and flexible in delivering a tailored service with an extra personal touch.

Timeline

1974 Bank of Cayman Bank and Trust Company Ltd. officially opened for business, and shortly thereafter, operated under the umbrella of Bank of Cayman Corporation. CNC’s first President and Founder Mr. Peter Tomkins’ idea of creating a Caymanian-owned bank to serve the people of the Cayman Islands was extremely well received and the bank and trust company flourished, producing a modest profit at its first financial year-end.

1977 CNC offered 100,000 shares to the public, resulting in a broadening of ownership to approximately 150 members. That same year Bank of Cayman Bank opened a branch operation at Cotton Tree Bay in Cayman Brac.

1978 The Bank’s assets reached CI$10 million; an impressive sum considering operations only began four years previously.

1984 Cayman General Insurance began operations. Later that same year, Cayman Overseas Bank and Trust Co Ltd became Cayman Overseas Trust Co Ltd, differentiating itself from Bank of Cayman Bank.

1985 Bank of Cayman's first overseas venture - Caymanx Trust Co. Ltd. - was established in the Isle of Man.

1989 Bank of Cayman Bank became a member of Visa and MasterCard, and was able to issue its own credit cards, while Caymanx Trust Co. Ltd. became a full banking service.

1990 Customer Service Centres opened in Little Cayman and Cayman Brac.

1991 Cayman Overseas Trust Co. Ltd became Bank of Cayman Trust Co. Ltd., Cayman Securities Ltd changed its name to Bank of Cayman Securities Ltd and Bank of Cayman Bank and Trust Co Ltd. amended its name to Bank of Cayman Bank Ltd. In an effort to standardise the name and to update the image, a new logo was adopted.

1998 Bank of Cayman shares were listed on the Cayman Islands Stock Exchange.

2007-2009 Continuation of local and overseas expansion, opening Bank of Cayman Bank Ltd. Oficiana de Representación (Panama) and Bank of Cayman (Dubai) Ltd, as well as establishing Bank of Cayman Fund Services Ltd, part of the International Financial Services operations.

2019 Republic Financial Holdings Limited (RFHL) announced its acquisition (through a subsidiary) of a majority interest in the Bank of Cayman Corporation Limited (CNC).