2009 – Celebrating the 35th anniversary

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Cayman National Corporation profile

2009 – Celebrating the 35th anniversary

1974 –Cayman National Bank and Trust Company Limited (CNB) opened for business
1976 –Cayman Overseas Bank and Trust Company and Cayman National Securities Ltd were formed as wholly owned subsidiaries of the holding company to carry on trust and corporate managements business and stock broking respectively.
1977 –100,000 shares offered to the public, resulting in a broadening of ownership to approximately 150 members.
1979 –The Bank announces its first scholarship to young Caymanians wishing to pursue a course of education relevant to the financial services industry.
1983 –The Corporation reached an agreement with the International Bank of Washington and Guardian Royal Exchange of London to launch Cayman General Insurance Co Ltd – Caymans’ first domestic insurance company.
1984 –Cayman General Insurance Co. Ltd began operations. Cayman Overseas Bank and Trust Co. Ltd became Cayman Overseas Trust Co. Ltd – standing at arm’s length from any other CNB banking activity.
1985 –Caymanx Trust Co. Ltd established on the Isle of Man, CNC’s first venture overseas
1989 –Record profit for the 13th consecutive year pushed balance sheet over the CI$100m mark
1987 –Caymanx Trust Co. Ltd received authority to add deposit-taking activity to its trustee and corporate management operations, while, in Cayman, all subsidiaries upgraded equipment especially computers and a modern teller system
1989 –CNB became a full member of both MasterCard and Visa organizations with a view toward issuing its own credit cards. Caymanx Trust Co. Ltd was granted a full Bank License.
1991 –Cayman Overseas Trust Co. Ltd and Cayman Securities Ltd amended their names to Cayman National Trust Co. Ltd and Cayman National Securities Ltd To avoid confusion with the trust company, the bank amended its name from Cayman National Bank and Trust Co. Ltd To Cayman National Bank Ltd In an effort to standardize the name and to update the image, a new logo was adopted. Cayman National Bank issued its own MasterCard credit card, which was the only international credit card issued locally.
1992 –A milestone was passed with total assets reaching the CI$200m mark.
1993 –Profits reached a new record of more than CI$3m
1996 –All Cayman subsidiaries moved to the new headquarters on Elgin Avenue.
1997 –Cayman General Insurance Co. Ltd moved to the Cayman National Building, bringing all companies under one roof.=
1998 –Cayman National Stock was listed on the Cayman Islands Stock Exchange.
1999 –Cayman National celebrated 25 years of successful operations.
2001 –Cayman General Insurance Co. Ltd relocated to Harbour Place as the Group expanded. CNB implemented its new bank software system, Phoenix.
2002Introduced Cayman In-Touch (telephone banking), Cayman Global (Internet banking) and two off-site Self Service Centres. Launched its websitewww.caymannational.com – and an internal website for staff to increase efficiencies and productivity.
2003 –Took on the role as the official bank of the Quincentennial Celebrations, and sponsored several community involvement initiatives.
2005 –CNB received the prestigious Bank of the Year 2005 (Cayman Islands) award by the Banker Magazine (Financial Times).
2006 –New brand identity launched. Cayman National Stock commenced trading through Cayman Islands Stock Exchange.
2007 –CNB Officiana de Representacion (Panama) opened. Cayman National and Aon became partners in a joint business venture – Aon Cayman National Insurance Brokers Ltd – offering domestic insurance clients access to Aon’s global network.
2008 –Cayman National (Dubai) Ltd received a license to operate in UAE. CNB receives the prestigious Bank of the Year 2008 (Cayman Islands) award by the Banker Magazine (Financial Times). Cayman National Fund Services Ltd was added forming part of the International Financial Services operations.
2009 –Cayman National Bank celebrates