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Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.



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Return on pls investments (January To June 2006) (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 Limited - - 1.00 0.75 1.00 1.25 1.50 2.00 2.00 2.00 2.00 3.00
Askari Comm. Bank 2.00 3.00 2.50 4.00 4.50 5.00 5.50 6.00 7.00 8.00 - 9.00
Bank Al-Habib Ltd 0.75 - 1.50 1.50 - 1.75 2.00 2.25 2.50 2.75 3.00 3.75
Bank of Punjab 0.50 1.00 1.00 1.00 1.00 1.25 1.50 1.75 1.75 2.00 2.00 2.50
Bank of Khyber 1.50 1.75 1.95 - - 2.50 3.00 3.50 4.00 4.50 4.75 5.00
Bank Alfalah Limited 2.00 2.00 2.00 3.50 - 4.00 4.25 4.75 6.00 6.50 7.00 7.50
First Women Bank Ltd 3.25 3.50 2.00 - - 2.25 2.50 3.00 3.50 4.00 4.50 5.00
Faysal Bank Limited 0.25 - 1.50 1.75 2.00 3.50 4.00 4.75 5.50 6.00 7.15 7.50
Habib Bank Limited 0.75 0.75 2.00 1.25 - 1.50 2.00 2.50 3.00 3.50 4.25 5.00
IDBP 1.50 2.00 3.00 - - - - 5.00 5.00 5.00 5.00 5.00
MCB Bank @ 0.80 1.00 1.00 1.00 1.20 2.50 3.00 4.00 5.00 6.50 7.00 7.50
Metropolitan Bank 1.50 2.00 4.50 4.00 - 4.50 5.00 6.00 6.50 7.00 7.50 8.00
NDLC-IFIC Bank-NIB 5.00 - 6.00 6.00 - 6.25 6.50 7.25 - - - -
National Bank of Pak. 1.20 1.20 1.20 - - 1.50 1.80 2.00 2.30 2.60 2.90 3.25
PICIC Comm Bank 3.00 4.00 3.50 4.00 - 5.50 6.50 7.50 7.75 8.25 8.50 10.00
Prime Comm. Bank 2.25 1.50 0.10 3.00 - - - 7.50 8.50 9.50 10.00 10.00
Soneri Bank Limited 4.00 4.50 4.00 4.50 - 5.00 5.50 6.00 6.25 6.50 6.75 7.00
Union Bank Limited 7.00 7.50 1.00 - - 8.00 9.00 10.00 - - - -
Zarai Taraqiati Bank Ltd 1.50 2.00 1.00 - - 1.45 1.75 2.00 2.30 2.50 2.75 3.30
FOREIGN BANKS
American Express Bank *7.65 4.25 - *8.13 - *7.90 *7.65 *7.50 - - - -
Deutsche Bank 7.36 7.38 0.72 - - 7.74 1.00 - - - - -
Habib Bank A.G. Zurich 0.75 0.75 2.00 1.25 - 1.50 2.00 2.50 3.00 3.50 4.25 5.00
Oman Int. Bank SAOG 2.75 - 2.35 4.50 - 5.00 2.50 4.00 - - - -
Standard Chart. Bank 3.50 - *2.25 3.75 - 3.80 5.00 6.25 6.55 6.75 6.75 6.75
===========================================================================================================

NOTE: *Rates to be read as upto @ Provisional rates
Copyright Business Recorder, 2006

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