The US bank’s branch in South Korea aims to issue and distribute its first structured notes linked to ESG-related funds, exchange traded funds or stock baskets by June.

The notes, which will offer at least 80% principal protection, are part of Citibank Korea’s inaugural ESG-related investment suite designed for retail investors as the bank identifies ESG investing as an ‘unstoppable trend’ and a key investment theme for this year. “Our immediate focus has been on building out our ESG fund range since the Q3 2020 as well as educational and advisory output, which has yielded positive results with 10.6% of our total asset under management

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