ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


/ b) j1 \9 E3 N" ~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.
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6 L8 y% F9 {9 ]6 H$ s8 W- xThe 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.

+ I' x( c) R- Y1 @" p4 FThe 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.

2 e4 \2 g8 c1 n5 X. a# L9 TFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.
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/ D6 M8 A/ W5 H“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.”

The GICs will be available for a limited time only.

精打细算

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/ {2 A3 F# Y0 w( e6 O个人没钱。 公司可以投资么？

" F" H0 k- K' F; F6 ^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。
* D+ i& A7 [- i" t: B! q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。
& ]! m/ h. }' W: n% W3 f, {! Z但如果未到五年取出來，利息是怎樣算的？
. I8 `" V! S: x; g' S9 O; skingsnake 发表于 2009-9-2 11:13

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利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。