ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors

/ x2 G- X# E& L/ z9 K  m( E$ w+ a1 m
( s1 }" r3 I  s! X" D9 \2 Iedmontonjournal.comSeptember 1, 2009Comments (1)
6 X2 X% _2 B, U


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.

( f( k5 }5 K; p" }* a$ ?0 J6 gThe 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.

3 x1 C* \" N3 qThe 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.

$ f! ]0 J4 Y4 a/ t- }0 KFunds 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.

2 t# N/ ]0 f7 N- T: z) M/ x“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
; E; I: J1 s" L% h# D; z& a
9 F# ?% [( ^  @$ G! X7 N4 H5 iThe GICs will be available for a limited time only.

精打细算

6 T8 b! E" y% \/ y
个人没钱。 公司可以投资么？

' H9 j3 k6 \  d1 ?8 e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。
) E, R! Y0 r: I7 {: U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

/ B( |/ N& Y9 t利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。