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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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RETURNS ON PLS INVESTMENTS (JANUARY TO JUNE 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
=========================================================================================================================
Allied Bank Limited 0.50 1.00 1.00 4.00 - 6.50 7.00 8.00 8.10 8.25 8.30 8.50
Askari Comm. Bank 2.00 3.00 1.00 4.00 4.50 5.00 5.50 6.00 7.00 8.00 - 9.00
Arif Habib Bank 5.00 5.25 5.75 6.75 - 7.25 7.75 8.50 9.00 9.50 9.75 10.00
ABN Amro Bank 0.10 2.00 0.10 - - 7.00 7.20 7.80 8.85 8.95 - 9.35
Bank Al-Habib 4.00 - 1.50 7.00 - 7.50 8.00 9.00 9.10 9.20 9.30 9.50
Bank Alfalah Limited 4.00 4.50 2.00 4.50 - 5.00 5.25 5.50 6.00 6.50 7.00 7.50
First Women Bank Ltd. 3.00 3.25 2.00 - - 4.25 4.50 5.50 6.50 7.00 8.00 8.50
Faysal Bank Limited 0.25 - 1.50 1.75 2.00 3.50 4.00 6.00 6.00 6.00 6.00 6.00
Habib Bank Limited 3.00 4.00 1.00 - - 6.15 6.75 8.00 - 8.25 - 8.50
Habib Metropolitan Bank 1.50 2.00 4.50 4.00 - 4.50 5.00 6.00 6.50 7.00 7.50 8.00
mybank Limited 4.00 5.00 5.00 6.00 - 7.00 8.00 10.50 10.75 11.00 - -
IDBP 2.50 3.00 3.00 3.00 - 7.00 7.25 7.50 - - - -
NIB Bank 5.00 - 0.10 - - - - 7.00 8.00 9.00 10.00 10.50
National Bank of Pakistan 1.20 1.20 1.20 - - 1.50 1.80 2.00 2.30 2.60 2.90 3.30
Soneri Bank Limited 4.00 4.50 5.00 4.50 - 5.00 5.50 6.00 6.25 6.50 6.75 7.00
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FOREIGN BANKS
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Al-Baraka Islamic Bank 1.15 - 2.70 3.60 - 6.72 6.78 6.85 7.18 8.47 - 9.47
Deutsche Bank 8.11 8.45 1.70 - 8.37 8.60 7.18 9.01 - - - -
Oman Int. Bank SAOG 2.00 1.75 2.50 2.50 2.75 3.25 3.75 4.00 - - - -
=========================================================================================================================

NOTE: *Rates to be read as upto
Copyright Business Recorder, 2008

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