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  • Aug 2nd, 2004
  • Comments Off on Returns on Profit and Loss Sharing Bank Accounts (January TO June 2004)
Comparative table of returns being given banks on their Profit and Loss Sharing Accounts and Term Deposits.





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RETURNS ON PLS INVESTMENTS (JANUARY TO JUNE 2004) (PERCENT)

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BANKS NOTICE DEPOSIT Saving TERM DEPOSITS

7 to 29 30 days & Acct 1 Mth 2 Mths 3 Mths 6 Mths 1 Yr 2 Yrs 3 Yrs 4 Yrs 5 Yrs

days above

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Allied Bank Limited 0.50 0.65 1.00 0.70 0.75 1.00 1.25 1.50 1.75 2.00 2.00 2.00

ADBP - - - - - - - - - - - -

Askari Comm Bank 0.25 0.50 1.50 0.50 0.75 1.00 1.50 2.00 2.25 2.50 3.00 3.50

Bank Al-Habib Ltd 0.75 - 1.50 1.50 - 1.75 2.00 2.25 2.50 2.75 3.00 3.75

Bolan Bank Limited 2.00 2.50 2.00 - - 3.00 3.25 3.50 3.75 4.00 4.50 5.00

Bank of Punjab 0.50 1.00 1.00 1.00 1.00 1.25 1.50 1.75 1.75 2.00 2.00 2.50

Bank of Khyber 1.10 1.40 1.60 - - 1.50 1.60 2.00 2.25 2.50 2.60 3.00

Bank Alfalah Limited 1.50 1.50 1.50 1.50 - 1.75 2.00 2.25 6.00 6.50 7.00 7.50

Crescnt Comm Bank 1.00 - 3.00 2.25 - 3.00 3.50 4.00 - - - -

Escort Investment Bank

Faysal Bank Limited - - - - - - - - - - - -

First Women Bank Ltd 0.75 1.00 1.25 - - 1.20 1.40 1.55 2.20 2.70 3.00 3.25

Habib Bank Limited 0.75 1.00 1.00 1.00 1.10 1.20 1.50 1.80 2.25 2.50 2.75 3.00

Indus Bank Limited

IDBP 1.50 2.00 3.00 - - - - 5.00 5.00 5.00 5.00 5.00

KASB Bank Limited 1.50 2.00 3.50 3.00 - 3.50 4.00 4.50 4.75 5.00 5.50 6.00

Muslim Comm Bank 0.80 1.00 1.00 1.00 1.20 1.50 1.75 2.00 2.25 2.50 2.75 3.00

Metropolitan Bank 0.50 1.00 3.00 1.25 - 2.00 2.25 3.00 3.50 4.00 4.50 5.00

National Bank of Pak 1.20 1.20 1.20 - - 1.20 1.70 1.80 2.00 2.20 2.40 2.50

NIB=NDLC-IFIC Bank 2.00 3.00 2.50 - - 3.25 3.75 4.00 - - - -

PICIC Comm Bank 2.00 2.50 3.00 2.50 - 2.75 3.25 3.75 4.25 4.75 - -

Prime Comm Bank 1.00 2.50 3.00 2.00 - - - 4.25 - - - 4.25

Punjab Coop Bank 0.25 0.50 0.50 - - 1.00 1.25 1.50 1.75 2.00 2.25 2.50

Platinum Comm Bank

Saudi Pak Comm Bank

Soneri Bank Limited 1.50 2.00 2.00 2.00 - 2.25 2.50 3.00 3.25 3.50 3.75 4.00

United Bank Limited 0.60 0.75 0.75 0.75 0.80 1.00 1.25 1.50 2.00 2.50 2.50 2.50

Union Bank Limited 0.25 0.50 1.50 - - 3.00 3.50 4.00 4.00 4.00 4.00 4.00

FOREIGN BANKS

ABN-Amro Bank

American Express Bank - - 0.75* 2.50 - 2.25 *2.90 * 2.70 - - - -

Al-Baraka Islamic Bank 0.25 - 1.25 1.25 - 2.85 2.95 3.05 3.40 4.00 4.25 4.45

Bank of Tokyo-Mitsubishi

Bank of Ceylon - - - - - - - - - - - -

Credit Agricole Indosuez - - - - - - - - - - - -

Deutsche Bank 0.73 1.10 0.26 - - 1.00 1.00 0.90 - - - -

Doha Bank - - - - - - - - - - - -

Emirates BIL

Faysal Bank Limited 1.75 2.00 1.50 2.00 2.25 2.75 3.50 4.00 4.25 4.50 4.50 4.50

Habib Bank AG Zurich 0.75 0.75 1.50 1.25 - 1.50 2.00 2.50 3.00 3.50 4.25 5.00

Hong Kong Bank

IFI & C Bank

MashreqBank - - - - - - - - - - - -

Oman Int Bank SAOG 1.50 2.00 2.00 2.75 2.50 - 3.50 4.00 - - - -

Rupali Bank - - 1.50 - - 2.00 2.20 2.60 - - - -

Standard Chart Bank - - * 0.75 0.25 - 0.50 * 0.75 * 1.00 * 1.75 * 2.00 - -

StandChartGrindlaysBank

Societe Generale

Trust Bank Limited

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NOTE: *Rates to be read as upto

Copyright Business Recorder, 2004


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