Citi: Delivers sustainable deposits
- Citi has announced the launch of new deposit solutions designed to assist clients in investing excess cash
- The two new deposits – Sustainable Time Deposit (TD) and Sustainable Minimum Maturity Time Deposits (MMTD)
- Sustainability is no longer an executive-level only discussion
- Finance and treasury departments can play a strategic role in helping their firms to deliver on the Environment
- Funds invested into the deposits are allocated to finance or refinance assets in a portfolio of eligible green
- As cash deposit transactions, TD or MMTD are not securities and the return of the TDs and MMTDs
