HSBC launches Green Deposits for corporate and institutional clients in the UAE

HSBC launches Green Deposits for corporate and institutional clients in the UAE

HSBC today launched Green Deposits in the UAE, which will give corporate and institutional clients a mechanism to make USD and AED deposits in the UAE knowing their funds will be used to finance green initiatives.

Clients will receive a quarterly, portfolio-level view of how their funds have been deployed to support green projects, and they will be able to manage their green account as simply as a regular deposit account.