Citi Launches New Sustainable Time Deposit Solution to Support U.S. Institutional Clients

Citi has launched a Sustainable Time Deposit solution for US institutional clients to invest excess cash while supporting their sustainability goals. The solution provides competitive yields and supports eligible green and social finance projects, including renewable energy, energy efficiency, water quality, conservation, and affordable housing projects. The solution is available in the U.S., U.K., Ireland, Abu Dhabi, Hong Kong and Singapore, and is attempting to expand the solution to other countries. It aligns with the International Capital Market Association’s Green Bond and Social Bond Principles.

resource: https://esgnews.com/citi-launches-new-sustainable-time-deposit-solution-to-support-u-s-institutional-clients/

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