Slowly, often imperceptibly, the financial sector’s green agenda grinds into gear. It is worthy and righteous, yet it can feel like pulling teeth. HSBC is the latest global bank to hit the news with its green deposit account, offered to corporate clients by its office in Singapore, which will accept deposits in US and Singaporean dollars, and will fund renewable energy and biodiversity projects.
HSBC starts by identifying the source of deposits, the bank’s Singapore head of global liquidity and cash management David Koh tells Euromoney.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
