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  1. Accounts & Deposits
  2. Time Deposits
  3. Sustainable Time Deposit (SGD)

Sustainable Time Deposit

Time to invest in a sustainable future

Sustainable Time Deposit
  • To address long-term environmental challenges

  • Dedicated towards financing sustainable assets

  • Throughout the deposit tenure.

Thinking about contributing towards sustainable development but unsure where to start?

At Standard Chartered, we are pleased to kickstart your journey with our Sustainable Time Deposits*.

We have USD 3.9b Sustainable Assets in our Sustainable Finance Portfolio

Social

More than 1.3 million people reached through the loans we provided to microfinance institution

Environmental

738 998 tonnes of CO2 emissions avoided

Financial

Over 20,000 SME loans disbursed

Geographical

91% of our total Sustainable Finance assets are located in emerging markets. 86% of them are some of the world’s least developed countries.
SGD Sustainable Time Deposit Rates

Choose from a range of tenures that suits your needs and enjoy up to 0.30% p.a.1 with an initial deposit of S$5,000:

Tenures
1 Month
3 Months
6 Months
9 Months
12 Months
S$5,000 and above 0.03% p.a. 0.08% p.a. 0.13% p.a. 0.23% p.a. 0.30% p.a.

1The above interest rates are only applicable if the SGD Sustainable Time Deposit is held  until the maturity of the tenure. The Current/Cheque/Savings Account and Time Deposit Terms apply.

*The placement of the SGD Sustainable Time Deposits is subject to acceptance (including any limits on placement amounts) by the Bank.

     

Click here for SGD Sustainable Time Deposit Rates

    How does Sustainable Time Deposits* work?

Sustainable Time Deposits* are fixed deposits which allow clients to have their capital referenced against sustainable loans and projects of Standard Chartered. These assets include green financing, sustainable infrastructure projects, microfinance and business banking. Read More

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The themes within our Green and Sustainable Product Framework include; COVID healthcare, sanitation, food security along with others such as renewable energy, energy efficiency, access to water and water management, sustainable infrastructure, climate change adaptation, access to finance, healthcare, education and partnerships.

In COVID healthcare, we look at financing to equip, operate and add capacity and efficiency to essential healthcare facilities.

Under renewal energy and energy generation from renewable sources, we would look to finance the generation of electricity from wind, solar, hydropower, waste to energy and geothermal.

Around the theme of education, eligible financing activities include construction of public schools and universities, the construction of student housing and training for educational professionals.

We have mapped our existing business against the SDGs to create a Green and Sustainable Product Framework that details what we as an organisation view as sustainable activities that we finance. The framework has received industry accreditation from Sustainalytics.

This framework will be reviewed independently every year to ensure that the latest developments and trends are regularly incorporated. This framework sets the basis for future sustainable products to help fund the SDGs across the Bank’s footprint markets, especially in developing markets.

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not

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