ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
7 i9 C: j: ?& I+ H; B
' E2 b4 n1 ?! I) }6 V
edmontonjournal.comSeptember 1, 2009Comments (1)
  _# M; [# H2 p7 `( y' Z


/ S/ |3 H( w: g" H. QEDMONTON — 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.
$ r, S6 O* y6 C' l& I- A' o
  t7 r, q( p/ y) e9 u. fThe 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 $7 billion, ATB said at the time.
7 _: ~6 G; B% B% w
Funds raised by selling the notes will be used for loans to qualified Albertans and Alberta businesses.
; R  p" D) D5 i" A1 u/ R
“For the first time, we are offering every Albertan a great opportunity to invest directly in Alberta,” said Dave Mowat, ATB president and CEO.
( U5 }& a% t: |- L) o: O
“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
  K- `$ W* m& I$ G
The GICs will be available for a limited time only.

精打细算

5 L5 U  o; m* F& ~( N& ]
0 B( X& q; V% e& x3 J& p$ }( y) C个人没钱。 公司可以投资么？
, y5 V5 G# U, l: T1 o! _1 V- {4 M
# M+ \$ Y5 C+ @3 N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。
如果可以在TFSA就划算多。

kingsnake

4.25%現在算是個不錯的回報。
8 w" b) H! j8 P* l, U0 g& 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？
kingsnake 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。