ATB’s new GIC now available to investors

heysheep

ATB’s new GIC now available to investors
7 s$ Q3 }* F0 c  U" ~& A! P# s

edmontonjournal.comSeptember 1, 2009Comments (1)


2 f8 g4 _1 _. a* T
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.
) z; o0 y6 r. t1 v( r5 C. E# H
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.

0 ^8 A* t3 i: O6 VThe 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.

5 W; {6 s/ @# p, D6 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.
8 @9 o/ X- Y) r9 r
“Every dollar invested in an ATB Alberta Growth Note will be put to work, building Alberta’s economy and helping businesses grow.”
6 J2 o4 @0 b4 R! U# i" v4 Y6 u
The GICs will be available for a limited time only.

精打细算

7 c: k! n0 K! @. R$ P' `个人没钱。 公司可以投资么？
1 F( `0 |! Y! I# I/ ?
) }2 M( Q5 [( t1 h$ H/ @( d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。
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

1 M; g! O% b& u( e* N: C
/ e' K1 s. x4 |利息好象按活期算.

mingzhao1984

恩，不错，atb开始要抢占市场啦也。