Citi and Etihad sign on First Sustainable Deposit Solution

  • Date: 25-Jul-2022
  • Source: Eye of Riyadh
  • Sector:Oil & Gas
  • Country:UAE
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Citi and Etihad sign on First Sustainable Deposit Solution

 Etihad Airways has become the first client to sign on to Citi ADGM’s Sustainable Deposit Solution. Citi’s newly launched deposit solutions will further assist the airline in investing excess cash as part of its sustainability agenda. 

 

Etihad will have access to Citi’s two new deposit solutions – Sustainable Time Deposit (TD) and Sustainable Minimum Maturity Time Deposits (MMTD) – which deliver competitive yields and are based on Citi’s green and social bond frameworks, supporting the UN’s Sustainable Development Goals (SDGs).