Standard Chartered to open paperless ‘green branch’ in Hong Kong offering sustainable finance products, says local boss


Source: scmp.com scmp.com

Key Topics in this News Article:

News Snapshot:

Standard Chartered, one of three note-issuing banks in Hong Kong, plans to open a “green branch” this year in the latest move by a local lender to promote banking services that can help cut pollution . The branch, whose location is not yet confirmed, will be fully paperless and will offer a wide range of bank products with a green concept , including deposits, loans and bonds that are tailor-made for environmentally friendly projects, according to Mary Huen Wai-yi, the bank’s Hong Kong chief executive. It will also open up its green deposits to retail investors this year, having already...