It is Isabela in the Galápagos Islands that is south and east of Banks Bay. The shape, that is, the curve of the land of Isabela itself, that forms the bay. Use the link to an article and to a map, all posted on Wikipedia. You'll find that link below.
Ranching
Victoria Island
The island southeast of Banks Island is Victoria Island, located in the Arctic Archipelago of Canada. It is the eighth largest island in the world and is known for its remote and harsh environment.
Bermuda
Vanuatu
St. Kitts and Nevins is south east of the US Virgin Islands. They are part of the Leeward Islands,
New Zealand is located to the southeast of Australia and is made up of two main islands, the North Island and the South Island.
The biggest of a few 'Banks Islands' is in the Inuvik region of Northwest Territories of Canada.
The Outer Banks (barrier islands) begin on the southeast corner of Virgina Beach, to the east is the Atlantic ocean.
Caiman Islands
New Zealand is the country located to the southeast of Australia, made up of 2 main islands - the North Island and the South Island.