CITIC Bank Opens 1st ESG Branch in Hong Kong

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by KnowESG
KnowESG_CITIC Bank Opens 1st ESG Branch in Hong Kong
Image courtesy of China CITIC Bank International

China CITIC Bank International (CNCBI) opened its first branch dedicated to environmental, social, and corporate governance (ESG) principles in Tsim Sha Tsui, Hong Kong.

This move highlights their commitment to green finance and marks a milestone in their retail development strategy.

More than just banking

The new branch offers professional and convenient banking services for local and cross-border customers. But it also showcases CNCBI's dedication to sustainability through its design, materials, and operations.

Shining a light on green

The three-story solar glass panel system is a first for banks in Hong Kong, generating around 200 kilowatt hours of electricity per month. That is not all! Natural lighting, energy-saving LED sensors, and intelligent air conditioning further reduce energy consumption.

Eco-friendly inside and out

The branch goes beyond energy savings. Furniture, walls, and carpets are made from renewable, non-toxic materials. Repurposed resources like recycled glass and chilli leaves add a unique touch. Even the air is cleaner thanks to special coatings and natural plants.

Going paperless

Digital processes streamline everything from transactions to information validation, creating a faster and more secure experience for customers while reducing paper waste.

Engaging staff

A dedicated ESG mobile app encourages staff to embrace green habits, further integrating sustainability into the branch culture.

Early results are promising

In just two months, the branch saved energy and resources equivalent to preserving around 300 trees!

Celebrate with a special offer

To mark the opening, new customers can enjoy a fixed deposit interest rate of 6.8% p.a. on one-month USD deposits made in person at the branch until March 15th, 2024.

Click here for more details and terms and conditions.

For more sustainable finance news

Discover an extensive network of ESG providers here

Source: CITIC


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