Cayman Islands Rates

Cayman Islands Interest Rates

Cayman Islands Banks

BankBranchFoundedBest RateTypeTermOwnership
Butterfield519671.03%Deposits3 yearForeign
Cayman National Bank81974N/AN/AN/ALocal
HSBC Bank Cayman2008N/AN/AN/AForeign
Scotiabank Cayman Islands41968N/AN/AN/AForeign
RBC Cayman Islands21964N/AN/AN/AForeign

Cayman Islands Deposits

BankBranchFoundedInterest RateChangeCurrencyLast Updated
Butterfield519670.60%KYDApr 2015

Economy

Bank Account Interest Rates in the Cayman Islands

The Cayman Islands is a British Overseas Territory located to east of Mexico and south of Cuba. It is a major offshore financial centre and is popular with some hedge funds, banks and other corporate entities due to its taxation laws. Its inflation ad indicated by cia.gov is 3.4% in 2011 and 0.3% in 2010. Its currency is the Cayman Islands dollar (KYD) and is pegged to the US dollar.