Save the environment while saving money in this year’s Earth Day

Earth Day makes us stop, look back and ponder on our next journey to a safer and sustainable future.

Many of us may feel overwhelmed or unsure of how to make a meaningful impact. There are always simple steps, including using our financial power to invest in a better future for ourselves and for Mother Earth.

Rizal Commercial Banking Corp. (RCBC) gives us this opportunity by helping its clients commit to a more sustainable future through savings and investment options.

For example, Peso Green Time Deposit is an investment opportunity for people who are committed to protecting the environment.

RCBC is the first bank in the Philippines to offer this kind of product.

Funds under the Green Time Deposit are used exclusively to support RCBC’s Green Asset Portfolio, which is composed of investments in renewable energy, pollution prevention and control, energy efficiency, sustainable water management, and clean transportation.

Under the Green Time Deposit, investors can invest from P5,000 to P5 million, with several placement term options at 30 days, 45 days, 60 days, 90 days, 180 days, and 1 year.

“Our actions have an impact on the world around us, and choosing to invest in green projects can help to ensure a better future for generations to come. By choosing to invest in green projects, we are supporting the transition to a low-carbon economy and helping to reduce our carbon footprint,” RCBC Retail Banking Group Head Mr. Richard C. Lim said.

In addition to the environmental benefits, Green Time Deposit accounts also offer financial rewards. Customers can earn higher interest rates compared to regular time deposit accounts, making it a smart financial choice as well.

RCBC’s Green Time Deposit is just one example of how we can make a difference in the fight against climate change. By choosing to invest our money in sustainable projects, we can contribute to the transition towards a greener economy while also benefiting financially. It’s a win-win situation that we can all be a part of.

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