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Community
National Attractions Authority director sent on leave
The director of the Cayman Islands National Attractions Authority has been placed on administrative leave.
In a joint press release, the Ministry of Tourism and the board explained the action comes after a recent update from the Internal Audit Service.
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Cayman Compass
Cayman’s ‘smallest’ bank has big digital strategy
In 2022 Jamaica-based PROVEN Group bought Fidelity Bank Cayman. The entry of a newcomer was notable in a small domestic banking market that has just six Class A retail banks.
So why did PROVEN Group, a regional holding company with Caribbean interests in wealth management, real estate and private equity, decide to enter the Cayman market?
“Cayman’s retail banking market may be considered small and dominated by established players,” says PROVEN Bank Cayman CEO Stacy Belnavis, “however, that didn’t mean that customers were satisfied with the level of banking service offered.”
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