PICIC Commercial Bank declares six months PLS profit rates

PICIC Commercial Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on 30th June 2005.

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Type of Deposits            % p.a.

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PLS Saving Bank Deposits      3.00

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Short Notice Deposits:

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7 days                        2.00

30 days                       2.50

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Term Deposit Receipt:

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1 month                       2.50

3 months                      3.25

6 months                      4.25

1 year                        5.35

2 years                       5.60

3 years                       5.90

4 years                       6.15

5 years                       6.50

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