Green Deposits
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Green Deposits

Green Deposits

Chong Hing Bank Limited(“Chong Hing Bank”)provides diversified financial products and services, and actively promotes Green, Social, and Sustainability development by offering various green products and services. We aim to cope with weather and various environmental challenges jointly with our customers and promote the transition to a low-carbon and sustainable economy.

Chong Hing Bank provides Green Deposits for corporates, and the deposit funds will be used to support projects for the development of Green Buildings, Renewable Energy, Energy Efficiency, Pollution Prevention and Control, and Clean Transportation. Green Deposits are available in HKD, USD and RMB and the minimum deposit amount is HKD 1 million (or its equivalent in USD/RMB).

Eligible projects and business activities will follow the principles of Chong Hing Bank’s “Green, Social, and Sustainability Deposit Framework”. In addition, annual reports will be provided to investors regarding the investment portfolio and utilisation information of the proceeds raised by Green Deposits.

 

Risk Disclosure Statement:

Foreign currency investments are subject to exchange rate fluctuation which may provide opportunities and risks. The fluctuation in the exchange rate of foreign currencies may result in gains or losses in the case where the customer converts foreign currency to HK dollars or other foreign currencies. You should therefore carefully consider whether such trading is suitable in light of your own financial position and investment objectives. RMB is not freely convertible and conversion of RMB through banks in Hong Kong is subject to the rules, regulations and guidelines from the relevant regulatory authorities or entities from time to time.