ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors

/ x# M$ s2 z$ e: i7 k/ }4 x
edmontonjournal.comSeptember 1, 2009Comments (1)


  |1 D! U; B) U0 W
) B  i# y7 G' T" d: K: t0 @; |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.
4 u! A0 U+ g3 Y/ M2 I8 \
: v& ~8 ~& A* Z) {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 $7 billion, ATB said at the time.
: f2 _7 y$ w  @3 ~4 N
Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.

; P2 k( {% L& L  P% z“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

个人没钱。 公司可以投资么？

$ L6 d5 p0 B6 `( ?) E% u2 a. O6 n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。
7 F; k2 L  e1 E: ]/ }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。
- U2 W/ h$ h( ^$ v9 T但如果未到五年取出來，利息是怎樣算的？
( E+ E3 D" l, H( _  ]kingsnake 发表于 2009-9-2 11:13

利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。