ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


edmontonjournal.comSeptember 1, 2009Comments (1)



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.

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.

9 W) G3 g% l  x$ j* kThe 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.

$ D) _) Z% S, G# S+ B! DFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

- o0 Y7 N4 x* d4 t6 p, B0 s0 |“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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“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

个人没钱。 公司可以投资么？
* p: E9 [$ n" Y( x0 k$ ]* 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。
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？
0 \/ Z4 G$ _) ^kingsnake 发表于 2009-9-2 11:13

3 }, D: W. w' s6 R- d/ h
  k# r3 c! m2 a4 S利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。