This structured deposit gives our customers a chance to invest in a meaningful product and signal their desire to contribute to a more sustainable world,” Lai said. “There is a lot more that banks can do to drive sustainability and we are looking at more ways to provide and promote to our clients solutions and investment products relating to sustainability. OCBC fixed deposit rate promotional interest of up to 2.70 p.a. with a minimum deposit of 30,000 and a 6-month tenure. Kenneth Lai, Head of Global Treasury, said that these efforts were due to diversification of their sustainability efforts. The current highest OCBC fixed deposit rate for all OCBC customers is 2.70 p.a. Interested customers can invest through any OCBC Bank branch or through their relationship manager. Products covered by the initiative include life insurance, unit trusts, equities, and ETFs portfolios on OCBC Roboinvest. If held to maturity, the principal on this structured deposit is fully protected. A fixed interest rate of 1.2% per annum for the first three years, whilst a 1.25% annum for the following three years will be applied.

OCBC Bank announced that a sustainability-linked structured deposit, the first of its kind in Singapore, will be made available for investing to the general public.Īt a minimum investment amount of $5,000, investors can opt into the six-year callable Structured Deposit. For more information on Fixed Deposit interest rates offered to banking customers, finance customers, non-residents and corporations, please call bank. The deposit has a required minimum investment amount of $5,000. (OCBC Malaysia Fixed Deposit Rates subject to change.) Fixed deposit rates are indicative only.