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Sustainable Accounts & Deposits provide businesses with the opportunity to use cash holdings to fund projects which benefit the environment and the society.
UOB Time/ Fixed Deposits to drive your sustainability agenda
These Time/Fixed deposits enable the application of your surplus cash to advance your ESG Strategy, partnering with and co-funding UOB’s business priorities of forging a sustainable future in countries of operations.
These Time/ Fixed deposits will be used to fund eligible assets aligned to UOB’s Sustainable Finance Frameworks as well as UOB Group Sustainability Bond Framework, structured in accordance to Asia Pacific Loan Market Association's (APLMA) Green Loan Frameworks.
An allocation and impact report will be provided to clients annually.
The UOB Sustainable Account enables the application of your operating cash balances to advance your ESG Strategy, partnering with and co-funding UOB’s business priorities of forging a sustainable future in countries of operation.
Funds in the UOB Sustainable Account will be used to fund eligible assets aligned to UOB’s Sustainable Finance Frameworks structured in accordance with international Green Loans and Sustainability Linked Loans principles and validated by independent Second Party Opinion consultants.
An allocation and impact report will be provided to clients annually.
Utilising your operating cash balances to achieve your corporate sustainability objectives
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
Please refer to UOB Insured Deposit Register for a list of UOB accounts / products that are covered under the Scheme.
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