ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
5 x- c7 C  X+ ^; Z' ]
# n. o6 x! M4 X; P5 }8 g% i3 ~! F
% I" c0 a9 I0 H# C; hedmontonjournal.comSeptember 1, 2009Comments (1)
$ L4 `* m* a& E  w- L, U
1 f1 O+ U8 p2 P& D, f0 a

/ h) V, m6 n( h1 wEDMONTON — 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.

2 O( M" M2 d1 c- n- P- }5 l1 VThe 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.

7 O  {* ]& z: O/ F1 K+ c5 p4 R" UThe 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.
, h  A' T& c) v, j1 R5 o2 C  ?# t& f. E: ?
Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

3 y0 d$ b9 z  t1 U% Y“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
; x/ s# _) E( M! Y3 |( h
7 c: h# ~" e! x/ Z6 g- j- G* a4 `“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

个人没钱。 公司可以投资么？
) ?7 V7 U( G, W* a2 l( c/ c! U1 h5 H
! }& Q2 m  c- p- Y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。
" r% S0 p4 r) ?" L如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
8 b+ H' f+ A. k. x+ N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？
4 @- ?' e* n5 Ekingsnake 发表于 2009-9-2 11:13

. N  A) _" ?4 _. K# g1 N
利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。