ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
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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.

/ s: Y9 ^( k0 V9 ?' g# ]: PThe 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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; `  ]& b7 z8 g* V, T- v& ?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.

0 s! H4 r' e. B8 \Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

6 v  W7 Z8 q$ I/ G( Y- V" `“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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* Q# v) ?* t+ j. q9 i“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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4 r' R. a& k/ d: [  {' X- y- k' eThe GICs will be available for a limited time only.

精打细算

个人没钱。 公司可以投资么？
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- ]" |# R4 S- k  u: }6 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。
9 e/ x: M5 L3 e% G6 {% \. I  B如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
% `* @" X$ p& p* e4 {7 w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。
% j  H0 x: e3 R: v/ e# h但如果未到五年取出來，利息是怎樣算的？
8 c& r) a9 S& ?& b- ]& }7 p, d8 Skingsnake 发表于 2009-9-2 11:13

: E1 Q/ I9 V( G& K利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。