Citizens Financial Green Deposits: Supporting ESG Commitments for Corporate Clients

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
16 March 2022

Winner of Celent Model Bank 2022 Award for Corporate Product Innovation


Transaction bankers consistently look at how technology can help them meet client needs. A quickly emerging need is environmental, social, and governance (ESG) products to appeal to clients seeking responsible banking and investment choices. Much of the evolving corporate banking product focus is on green corporate bonds, sustainable lending, sustainable supply chain, and green deposit accounts. Green deposits allow corporate clients to direct their cash reserves towards companies and projects expected to create a positive environmental impact.

Citizens Financial's Green Deposits solution enables commercial clients to demonstrate their commitment to sustainability. The solution allows clients to place a deposit in support of a lending portfolio for companies and projects expected to create a positive environmental impact. For each dollar deposited in a Green Deposits account, an equal amount is held in an environmental lending portfolio supporting renewable energy, sustainable water, and more. In addition, the innovative money market structure of Green Deposits, versus a more complex bond offering, makes it simple for clients to demonstrate an awareness and commitment to sustainability.