StanChart debuts sustainable offering for retail, corp clients

Singapore

STANDARD Chartered Singapore on Tuesday launched its sustainable deposit offering for both corporate and retail clients in Singapore, said to be the first of its kind in Asia.

The bank is offering to retail clients a promotional rate of 1.9 per cent interest per annum for a minimum placement of US$5,000 for a tenor of three months; priority banking clients get a rate of 2 per cent.