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
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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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