ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors


0 h0 B8 N% h0 Wedmontonjournal.comSeptember 1, 2009Comments (1)


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; ]: L) f; i( S1 AEDMONTON — 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.
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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.

* I& \" I! f. I* U: gThe 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 $7 billion, ATB said at the time.
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! y' A* _$ X: {8 HFunds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.

“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.

" ?' r$ Q* l' N& I$ `“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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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？

% f; y% A# j0 C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。
& U8 p; H5 R) O如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
* p8 \% z6 K9 T; E/ f  C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？
$ ^9 v9 [3 T8 @; A" t9 xkingsnake 发表于 2009-9-2 11:13

. S( p3 K0 B; d! R利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。