Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2019)

KARACHI: 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 2019)                                          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
================================================================================================================================================
Allied Bank                  11.25     11.25     11.25      11.25         -    11.25     11.25     11.75         -     11.25         -     11.25
Bank Al Habib                11.25     11.25     11.25      11.25         -    11.35     11.50     12.10      11.60    11.45      11.40    11.35
Bank Of Khyber                5.00      5.50     11.25        -           -     6.00      6.25      6.50       7.50     7.75       8.15     8.40
First Women Bank              1.50      1.50     11.25      11.75         -    11.30     11.40     11.50      11.25    11.00      10.75    10.50
Habib Metro Bank             11.25     11.25     11.25      11.35         -    11.40     11.50     12.00      11.50    11.30      11.35    11.40
Habib Bank                   11.25     11.25     11.25      11.29         -    10.89     10.99     11.05      12.00     9.99        -      10.81
Faysal Bank                  10.00     11.25     11.25      11.25         -    11.50     11.60     12.25      10.75    10.75        -          -
ZTBL                           -         -       11.25        -           -    11.65     11.85     12.25      12.45    12.85      12.90    12.95
------------------------------------------------------------------------------------------------------------------------------------------------
FOREIGN BANKS
------------------------------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG              12.68    12.53     11.25      12.59      12.62    12.66    12.68         -         -         -         -         -
================================================================================================================================================

NOTE: *Rates to be read as upto

Copyright Business Recorder, 2020