ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
4 M( F" a: T# w' \. N

8 s- p2 H' z, a4 t) B1 iedmontonjournal.comSeptember 1, 2009Comments (1)
, p/ f5 ]9 t: h0 W
# z4 L6 i. `5 r8 z3 m
7 K& x! d/ r! y# V0 v- v
' p6 g# c+ U7 e! t0 ZEDMONTON — Tuesday marked the first day investors could purchase a new GIC that ATB Financial says will help fellow Albertans and businesses hurting due to tight credit markets.

The ATB Growth Note will be a five-year guaranteed investment certificate with a 4.25-per-cent interest rate, announced the provincial Crown corporation and Edmonton-based financial institution on Tuesday.

The initiative was first revealed in July as part of a commitment by ATB to increase its lending capacity to small business to offset the effects of tight credit markets by as much as $15 billion. Changes to ATB’s notional capital requirements will increase its lending capacity by about $8 billion and the investment deposit product would raise another $7 billion, ATB said at the time.

Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.
8 x+ ?4 J% }- }/ O( h
# C% ?2 q( T* C% T% l“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
) D8 q5 j; P3 o! G% L6 `4 Q
+ V( @: b/ o% `/ ?“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”

The GICs will be available for a limited time only.

精打细算

" F0 I. [! g3 g8 x/ l
个人没钱。 公司可以投资么？

比我的LOC 还要高。 问题是如果个人贷款， 不能抵税， 利息收益要交税。
& q; E/ ?, C! h1 }5 o如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
但如果未到五年取出來，利息是怎樣算的？

deeko

4.25%别的地方找不到了吧?

deeko

4.25%現在算是個不錯的回報。
但如果未到五年取出來，利息是怎樣算的？
kingsnake 发表于 2009-9-2 11:13

9 J% _& J9 {7 P, C( E. n
利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。