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Oman International Bank S.A.O.G. has declared rates of profit on PLS deposits for the period of six months ended on December 31, 2003.

======================================================================
Type of Deposits % p.a.
Savings Account 3.00
7 days notice 1.50
30 days notice 2.50
Citadel 4.50
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Term Deposits:
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1 month 2.50
2 months 3.50
2 months (Rs 100m and above) 8.00
3 months (July 1- October 31) 3.50
3 months (November 1 - December 31) 3.00
6 months (Rs 100,000 - Rs 7m) 4.50
6 months (Rs 7m and above) 8.00
1 year (Rs 100,000 - Rs 9,999,999) 5.00
1 year (Rs 10m - Rs 149,999,999) 5.50
1 year (Rs 150m and above) 6.50
----------------------------------------------------------------------
3 years (Old deposits at reduced profit rates,
based on the balance tenor):
----------------------------------------------------------------------
19-20 months 8.75
21-27 months 8.00
28-31 months 7.00
32-33 months 6.00
34-36 months 5.00
----------------------------------------------------------------------
OIB Sovereign Account:
----------------------------------------------------------------------
Rs 100,000 to Rs 1,000,000 2.00
Rs 1,000,001 to Rs 10,000,000 2.50
Rs 10,000,001 to Rs 50,000,000 3.00
Rs 50,000,001 to Rs 100,000,000 3.50
Rs 100,000,001 and above 4.50
----------------------------------------------------------------------
OIB Sovereign Account Financial Institution:
----------------------------------------------------------------------
Rs 50,000,000 and above 6.00
======================================================================

Copyright Business Recorder, 2004

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