ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
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5 z3 a& \' W) r( Medmontonjournal.comSeptember 1, 2009Comments (1)

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. V3 i% l% G) u8 l0 V3 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.

3 f( X2 {% n/ O/ r+ J+ NThe 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.

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 $7 billion, ATB said at the time.
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Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.
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“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
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3 i" _" Y$ V' X7 E“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

8 [+ y) L! u0 d7 c个人没钱。 公司可以投资么？

$ V3 X! j, F- J2 O; T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。
; z; ~1 w- P& q$ z, X9 p+ `如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
+ X4 Y. u, O# a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？
. p: |% P1 X7 Kkingsnake 发表于 2009-9-2 11:13

利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。