ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


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.

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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6 e/ R% \( j1 u- E8 I6 GThe 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.
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Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

! a2 g8 n, a% ^# Q. N“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.

6 j" \8 b! n0 f# ]* P“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”

5 z( t7 G: v' ^5 k  _5 M7 E3 OThe GICs will be available for a limited time only.

精打细算

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/ K4 i2 [' h( M- ~0 Z1 z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。
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。
5 }. c' z" H! S, b3 \但如果未到五年取出來，利息是怎樣算的？
% k$ n# A5 ^% e' U- B! X( E% t9 Jkingsnake 发表于 2009-9-2 11:13

3 U* r4 l: J8 c  D/ P9 D5 a5 \5 ]利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。