OCBC Bank has, on Sept 24, launched a sustainability-linked structured deposit, the first of its kind in Singapore.

A structured deposit is a financial instrument that combines a deposit with an investment product. The sum placed by customers will be invested in notes, bonds or other fixed income securities issued by companies that meet the bank’s ESG criteria.

For a minimum investment amount of $5,000, retail investors can now invest into the six-year callable structured deposit.

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