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Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.



==============================================================================================================================
RETURNS ON PLS INVESTMENTS (JULY TO DECEMBER 2010) Percent)
==============================================================================================================================
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
==============================================================================================================================
Bank Al-Habib Limited 4.00 - 5.00 7.00 - 7.50 8.00 9.00 9.10 9.20 9.30 9.50
Bank of Punjab Limited 0.50 1.00 5.00 1.00 1.00 1.25 1.50 1.75 1.75 2.00 2.00 2.50
Bank Alfalah Limited 4.00 4.50 5.00 4.50 - 5.00 5.25 5.50 6.00 6.50 7.00 7.50
Faysal Bank Limited 0.25 - 5.00 7.00 7.25 7.50 8.00 10.75 10.50 10.50 10.50 10.50
First Women Bank Limited 5.50 6.50 5.00 - - 7.50 8.00 9.00 9.25 9.50 9.75 10.00
Habib Bank Limited - - 5.00 - - 7.00 7.50 9.25 - 9.50 - 10.25
Habib Metropolitan Bank 5.00 5.00 5.00 6.00 - 7.50 8.25 9.50 10.00 11.00 11.25 11.50
Industrial Devt Bank of Pak 2.50 3.00 5.00 - - - - 12.00 - - - -
Mybank Limited 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
Punjab Provincial Coop Bank 3.00 4.00 5.00 - - 8.00 9.50 10.00 10.50 11.00 12.00 13.00
Soner Bank Limited 6.00 8.00 5.00 8.00 - 8.50 9.00 10.50 11.50 12.50 - -
Summit Bank Limited 6.00 7.00 8.00 8.00 - 9.00 10.00 10.50 11.00 11.50 12.00 13.00
Zarai Taraqiati Bank Limited - - 5.00 - - 5.10 5.20 5.30 5.60 5.80 6.10 6.40
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FOREIGN BANKS
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Deutsche Bank 10.99 10.87 5.00 - 10.85 10.92 10.96 11.15 - - - -
Oman Int. Bank SAOG 6.00 9.00 5.00 8.50 - 9.00 9.50 10.50 - - - -
==============================================================================================================================

Copyright Business Recorder, 2011

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