Cayman Islands Bankers' Association
The Cayman Islands Bankers Association (CIBA) was formed in 1979 with an initial membership of approximately 50 full members. There are two types of membership: ordinary and associate. Ordinary membership applies to those licensed banks and trust companies that maintain their own staffed offices in the Cayman Islands. Associate membership applies to licensed banks and trust companies that do not have a physical presence and are represented by their Cayman Islands Agent. CIBA’s main objectives are:
- To further the development and preserve the good reputation of the Cayman Islands as an international banking and financial centre;
- To foster and support the training and education of bank and trust company personnel;
- To identify and uphold the common interest of members in their relationship with the Government and people of the Cayman Islands and with business and professional associations.
The Association produces, with the voluntary work of members’ employees and the coordination of the Association’s Secretary, a quarterly newsletter to keep the membership informed about the developments in the financial industry in the Cayman Islands. The present membership of the Association comprises 86 full members and 250 associate members. The membership elects an Executive Committee of eight members on an annual basis. These positions are that of the President (who may serve two consecutive one-year terms), Vice President, Secretary, Treasurer and four general members.
All business of the Association is conducted at meetings of the Executive Committee and information is disseminated to the members on a regular basis. For more information, please visit www.caymanfinances.com.
Last Updated: 2005-06-07