Recently IB issued green wealth management products of green environmental protection projects and green bonds designed for individual investors-“WLB-Green Finance”, making green finance more common investors-oriented and letting more investors join the initiative “obtaining reasonable profits while bringing benefits to the stakeholders”. Apart from gaining returns on investments, they can also help develop green industry and support the construction of a beautiful China.
These green wealth management products have a valid term of 5 years. Purchase application and redemption will open every three months (an investment period). They have a reference annualized rate of return of 4.0% in the first investment period and the capital is invested in green environmental protection projects and green bonds. They belong to key green environmental protection assets supported by Notice No.39 of the People's Bank of China on Green Financial Bond and its appendix, green bond statistical system of the CBRC and other regulatory files. The products are well received in the market.
Since the 12th Five-Year Plan, promoting the transformation of economic structure, the improvement of ecological environment and the sustainable development has become the main theme of the domestic economic development. On the one hand, there's a huge demand of fund in energy saving and environmental protection industry; on the other hand, an increasing number of institutions and individual investors hope to achieve wealth preservation and appreciation through investment in financial products, and participate in and promote green development. “These green wealth management products connect supply and demand of fund, provide green investment channels for individual investors, guide green investment and consumption and open new financing channels for the development of green industry." said Xue Hefeng, Vice President of IB.
These products not only provide a wealth management and investment channel for investors, but also attract more investors to pay attention to and participate in the development of green industry in China and support environmental protection and construction of ecological civilization.
IB has been committed to green financial field for ten years, involving environmental exchange finance, energy-saving & emission-reducing finance, personal low-carbon finance and other products and services. Its clients expand to retailers from institutions. When promoting the development of national green industry and the society's green transformation, it, through the issuance of low-carbon credit card, green wealth management and other products, offers convenient channels for the public to participate in low-carbon and environmentally-friendly cause, encourages and guides green consumption and green investment, as well as fulfills its social responsibility as an equator bank.