Soneri Bank declares PLS profit rates

Soneri Bank Limited has declared the following rates of profit on PLS deposits for the period of six months ended on December 31, 2004.

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Deposit Category       % p.a

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PLS Savings Account                            2.00

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PLS Soneri Savings Accounts:

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Upto Rs 1.0 million                            1.25

Over Rs 1.0 million to 20.0 million            1.75

Over Rs 20.0 million to 100.0 million          2.50

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Notice Deposits:

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7 days                                         1.50

30 days                                        2.00

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Term Deposits:

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1 month                                        2.00

3 months                                       2.25

6 months                                       2.50

1 year                                         3.00

2 years                                        3.25

3 years                                        3.50

4 years                                        3.75

5 years                                        4.00

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