ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
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edmontonjournal.comSeptember 1, 2009Comments (1)

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- h% k& T* S1 @- _  ]7 @* p9 eEDMONTON — 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.

7 O+ m3 ~  M! e7 r2 r" x/ AFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

  Y7 k1 k; D9 x' v“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
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; z) Z4 C% `% {% k5 A) M“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
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The GICs will be available for a limited time only.

精打细算

3 C3 d/ u/ P! G/ {! g个人没钱。 公司可以投资么？
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9 T. H* x6 e- j) \7 U, f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' O: z7 q4 R; L$ d7 K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。
6 g9 v' H% m4 ~8 f' C但如果未到五年取出來，利息是怎樣算的？
7 W2 C* i! A$ Z) k' z, c6 Gkingsnake 发表于 2009-9-2 11:13

7 A4 Q: v( f- c; e利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。