ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors

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edmontonjournal.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.

, {0 _! O( }: V% g/ F1 z8 F* \& yThe 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.

2 t. u/ {: D/ b9 j1 p5 bThe 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.

; d9 ~; I, E& FFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

( P8 B8 g4 v. q2 Y& m2 s9 o“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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" [4 t. a+ g0 [! P+ h( @# D' I1 R“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
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& g! h1 Q% q  Q! u8 M. f4 WThe GICs will be available for a limited time only.

精打细算

个人没钱。 公司可以投资么？
% x8 S5 |- ?2 y$ U* S5 |
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。
$ ]6 j  Z( e- W4 y  d' `如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
$ I1 D! Q0 J4 t& x% q$ e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。
, a$ \# V5 |- K9 {+ v但如果未到五年取出來，利息是怎樣算的？
4 Z% d# R- C% W* {' ukingsnake 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。