ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


) l6 o2 @' `! S  Dedmontonjournal.comSeptember 1, 2009Comments (1)

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( n$ a, o7 Q# o+ z; O8 ^/ s' nEDMONTON — 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.
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# P; r4 E7 I# }2 h  `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.
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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.

. e2 x/ c' k+ H- i+ U' g' j  gFunds 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.

2 k, H7 m' A6 A1 v2 O6 E1 o4 T4 C“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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+ y6 T6 v, y$ d& S# P( DThe GICs will be available for a limited time only.

精打细算

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, Y: P/ M6 z; ~1 {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。
* f- |! P; Z3 |$ l9 ~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 n4 {  S& r) g但如果未到五年取出來，利息是怎樣算的？
6 T( u6 j  w( s9 y" L' Ikingsnake 发表于 2009-9-2 11:13

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; m2 u# }/ g: t& g+ m  j+ l& T! d利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。