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  • May 31st, 2009
  • Comments Off on Returns on Profit and Loss Sharing Investment Bank Accounts (July TO December 2008)
Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.





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RETURNS ON PLS INVESTMENTS (JULY TO DECEMBER 2008) (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 5.00 5.00 5.00 4.00 - 6.50 7.00 8.00 8.10 8.25 8.30 8.50

Arif Habib Bank 5.25 5.50 6.00 7.00 - 7.50 8.00 8.75 9.25 9.75 10.00 10.25

Bank Al-Habib 4.00 - 5.00 7.00 - 7.50 8.00 9.00 9.10 9.20 9.30 9.50

Bank Al-Falahs 4.00 4.50 5.00 4.50 - 5.00 5.25 5.50 6.00 6.50 7.00 7.50

Bank of Punjab 0.50 1.00 5.00 1.00 1.00 1.25 1.50 1.75 1.75 2.00 2.00 2.50

Faysal Bank Limited 0.25 - 5.00 5.00 5.50 6.00 6.75 11.50 12.00 11.50 11.50 11.50

Habib Metropolitan Bank 5.00 5.00 6.50 8.50 - 9.50 10.50 12.00 12.50 13.75 14.25 15.00

Mybank 5.00 5.00 5.00 6.00 - 7.00 8.00 10.50 10.75 11.00 - -

National Bank of Pakistan 5.00 5.00 5.00 - - 5.30 5.60 5.80 6.10 6.40 6.70 7.10

NIB Bank 5.00 - 5.00 - - - - 7.00 8.00 9.00 10.00 10.50

Soner Bank 5.00 6.00 5.00 7.00 - 8.00 9.00 10.00 10.50 11.00 - -

Zarai Taraqiati Bank Ltd. - - 5.00 - - 5.10 5.20 5.30 5.60 5.80 6.10 6.40

FOREIGN BANKS

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Al-Baraka Islamic Bank 7.51 - 8.51 9.01 - 10.01 11.01 12.01 12.51 13.51 - 14.51

Deutsche Bank 6.95 8.98 5.00 - 8.25 10.11 12.33 13.10 - - - -

Oman Int. Bank SAOG 6.00 7.00 5.00 5.00 5.25 6.00 8.50 9.00 - - - -

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NOTE: *Rates to be read as upto

Copyright Business Recorder, 2009


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