ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
* n  X9 D. `7 y' c# q- V* B4 Q

edmontonjournal.comSeptember 1, 2009Comments (1)

' Z3 l( s- P4 ^' b

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.
! @% [/ N4 n' Y+ q
; j, p8 [$ e- n6 |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.
- T& a8 m- a% v
Funds 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.
) U  S: \7 `* e! o! t0 L# i9 |
5 Z. q  |3 X" ]9 l- o# W“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
  h! I$ ]' s" ?, l- x7 a
The GICs will be available for a limited time only.

精打细算

' Q$ C& F; h. A$ t2 E
个人没钱。 公司可以投资么？

; h$ B7 x  j# A* Q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。
% l% U8 r- u6 V- U) _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。
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

2 P( [1 W% `- c, l  S/ Q- F
/ E# A' _3 r- [利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。