ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


edmontonjournal.comSeptember 1, 2009Comments (1)


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- N2 f1 B! h, z6 gEDMONTON — 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 V! U, q( S8 a% p( @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.

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.

Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

# J# B- T" |- @/ s3 N7 z" z0 ~2 H* m0 A“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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) u) M* ~" R9 f1 _9 w5 r“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”

$ V) I; q2 g9 I: U) a6 i# [  EThe GICs will be available for a limited time only.

精打细算

% [2 f: b; F4 G( {. N% Q7 z; [% c- L5 ?个人没钱。 公司可以投资么？

& B) `. e, }- G2 \# E, D% |) `4 w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。
1 }, z, z: s: o2 E  R1 N4 ~* F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。
8 d) i& O; h1 V. O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

3 \2 [  a) t8 U+ j
( c" A/ w6 \) H( F利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。