TIMELINE
1986: Cassa di Risparmio delle Provincie Lombarde (CARIPLO) branch opened in George Town.
1989: Banca Commerciale Italiana (BCI) branch opened in George Town.
1990: Banco di Napoli (BN) branch opened in George Town.

Located in the Caribbean Sea between Cuba and Central America, the Cayman Islands is an Overseas Territory of the United Kingdom. Tourism plays a crucial role in its economy, but financial services are also a major business: the Cayman Islands is currently the world's most important offshore financial center, with almost 250 accredited banks.
In the 1980s and '90s Banca Commerciale Italiana, Sudameris, CARIPLO, Banco di Napoli and Istituto Bancario San Paolo all opened branches there.