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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EDMONTON — 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.

  ]% q! n4 m: U# o& M& @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.

$ r7 y$ ^8 `2 `0 x) n2 l. ]# iFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.
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) I+ C" a* t1 Z2 h8 j$ R0 ?: ]“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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7 R: A  i- S; \: a/ e4 L# T“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

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  \4 T! d; m5 m2 d0 h2 g) O. I+ w个人没钱。 公司可以投资么？
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, ]  q; C2 K, v! |% I: V4 K3 J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。
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。
; Z6 ]% A6 B- b8 k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

! y" {; f' ]1 Q" B利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。