Staff began moving into the new HSBC building on Friday in preparation for the retail banking outlet’s rescheduled opening in October.
The bank on West Bay Road was originally due to open in spring this year, according to announcement it made last year, but delays with construction meant it will now launch in three months’ time.
Tina Trumback, a spokesperson for HSBC, said staff would start moving in on 18 July and begin testing the banking systems and procedures in advance of the grand opening.
‘After the move, there will be a period of testing in terms of systems and services to make sure that when we launch, everything is all set and up to a high standard,’ Ms Trumbach said.
Some finishing touches and interior work is still being carried out at the bank, which stands just outside George Town at the site of the old Merren shopping centre.
Once open, the bank says it will offer a one-stop service to retail customers, with every teller trained to deal with all customer transactions.
It has been carrying out a major recruiting campaign for all levels of jobs within its new retail banking arm, adding another 25 jobs to its existing complement of 75 jobs.
The bank has had a presence in Cayman since 1984, operating insurance and trust management services.
In March last year, the Cayman Islands Monetary Authority removed restrictions on the bank’s ‘class A’ licence which had previously prevented it from providing banking services to people and companies other than its own existing corporate clients and staff.