ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
5 S! c3 B% n$ i7 {$ j

& Y) f. W& F% U; _7 [edmontonjournal.comSeptember 1, 2009Comments (1)
( ]! i2 F9 M( p


3 K3 n# T8 N6 ]; a& _, W5 ~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.

! T/ J( k/ [  D) v5 CThe 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.

4 ?- V7 r7 b5 \( Y" j- {7 h: U0 ZThe 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.

0 L; A& [, ]  p& ]Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

3 f1 @3 c( r$ q3 ]# v% o6 n7 W) y“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
% Q" A* `4 d9 C3 I3 }
“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

( r/ Y7 L7 Y- _, u7 [6 A2 `
2 c2 ?8 f* n+ ~( }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。
8 B! _; Q4 F2 n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？
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。