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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' O1 V* b! E+ y' k0 ^1 F, M' YEDMONTON — 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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: L& u/ i2 ?" n" W7 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.

, s3 ]  h' c! p1 P' OFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.

8 v  m! \8 [' S, [( y2 b“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

$ `- w3 y+ Y3 N
9 Y0 e( m  p! ^8 ?$ h个人没钱。 公司可以投资么？
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9 m: C9 P) I8 ]. T, U7 z- 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。
如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
& d& h/ R+ L+ B1 o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？
! Q" s) d' E2 gkingsnake 发表于 2009-9-2 11:13

& }9 |' e: q: f3 a8 w& J利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。