Cayman REAL ESTATE MORTGAGE LOANS BANKS
Bank system of the Cayman islands
The Cayman islands are the large supplier of the international financial services, here, in 2005, there were actives for the sum over 1 billion the US dollars, belonging to banks from more, than 55 various jurisdictions are second jurisdiction on number of affiliated companies of large insurance corporations and on the importance of a site of funds of hedging.
The bank system of the Cayman islands is regulated by the independent Monetary and credit administration playing a role of the central bank. The administration bears responsibility for release of dollar of the Cayman islands and reservation of sufficient actives (in Exchequer of the USA) for support of all local banknotes and a coin, being in circulation.

On islands Kajmanovyh 500 banks and òðàñòîâûõ the companies function, approximately. Banks carry out the various functions established by the law, more than 90 % of their activity occupy interbank calculations. On the end of 2002 30 banks had the licence of type “And” and 353 – type “In” (five of which had the limited licence). Among banks of type “And” one bank is private – local bank «Kajman Neshnl Bank», and 4 banks are international, serving home market.

These banks represent the banks of universal type offering both bank, and investment services, including mutual funds. The majority of prevailing banks of the USA is opened by bills for one working day that allows to pay to clients higher percent through offshore branch (bills with machine translation of means). Besides realisation of retail bank activity under the licence of a class “And” and structural financial products for the interbank calculations, some banks render corporate bank services only for own group of the companies, put corporate investments for the headquarters, private bank services render and supervise over mutual funds.