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 2018)                                              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                   8.00        8.00     8.00    8.00        -     8.18       8.25    8.37       -    9.02        -    9.80

Askari Bank                   6.00        6.00     8.00    6.00     6.00     6.00       6.50    9.00    9.10    9.30        -    9.40

Bank Al Habib                 8.00        8.00     8.00    8.00        -     8.00       8.00    9.80    9.90   10.00    10.05   10.15

Bank of Khyber                   -           -     8.00       -        -        -          -       -       -       -        -       -

Faysal Bank                      -           -     8.00    8.25        -     8.30       8.80    9.00    9.50    9.75        -       -

First Women Bank              1.50        1.50     8.00       -        -     8.00       8.15    8.50    8.75    9.00     9.25    9.50

Habib Bank                    8.00        8.00     8.00    8.05        -     8.11       8.35    9.00       -    9.50        -   10.50

Habib Metro Bank              6.50        6.50     6.50    6.50        -     6.75       6.85    7.00    7.25    7.50     8.00    8.50

National Bank of Pakis        8.00        8.00     8.00       -        -     8.00       8.10    8.40    8.60    8.90     9.20    9.40

ZTBL                             -           -     8.00       -        -     8.40       8.60    9.00    9.20    9.60    10.00   10.00

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FOREIGN BANKS

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Deutsche Bank AG              7.57        7.91     8.00    7.78     7.18     7.43       6.93       -       -       -        -       -

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NOTE: *Rates to be read as upto

Copyright Business Recorder, 2019