ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
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$ p* X% I0 q5 q5 K' C1 cedmontonjournal.comSeptember 1, 2009Comments (1)

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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.

* h0 U9 y$ }/ ^" N) g: iThe 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.

6 M* y/ U' S# ^3 O1 W& bFunds 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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+ e- s: q  h5 J1 M" A“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”

# O3 D5 [. G! @; n0 G- LThe GICs will be available for a limited time only.

精打细算

4 D" q( W: e& e个人没钱。 公司可以投资么？
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7 ~! }* q7 F* o8 E1 E# G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。
+ M( Y9 o$ x) U7 k3 I* P! n1 q- Y, N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

6 w" j4 W6 g, i3 w利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。