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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 2009) (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 5.00 5.00 5.00 4.00 - 6.50 7.00 8.00 8.10 8.25 8.30 8.50
Atlas Bank 6.00 7.00 5.00 5.00 - 5.50 6.75 7.50 - 7.75 - 8.00
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-Falah 4.00 4.50 5.00 4.50 - 5.00 5.25 5.50 6.00 6.50 7.00 7.50
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 11.50 12.00 12.25 12.50 13.00
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 3.00 4.00 5.00 4.00 - 5.50 6.50 7.25 7.25 8.25 8.75 10.00
1st Women Bank 6.00 8.00 5.00 - - 6.00 6.25 6.75 7.25 7.75 8.25 8.75
Habib Bank - - 5.00 - - 7.50 8.00 11.00 - 13.00 - 14.00
SME Bank 5.00 5.50 5.00 7.50 - 8.50 9.50 10.50 11.50 12.00 - -
Silkbank Ltd. 3.00 - 5.00 - - - - - - - - -
Soner Bank 6.00 8.00 5.00 8.00 - 9.00 10.00 11.00 12.50 13.00 - -
HSBC Bank 5.00 - 5.00 - - 5.20 5.25 5.50 - - - -
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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Deutsche Bank 6.59 7.25 5.00 - 10.94 11.60 11.42 11.39 - - - -
Oman Int. Bank SAOG 6.00 7.00 5.00 5.00 5.25 6.00 8.50 9.00 - - - -
=========================================================================================================================

NOTE: *Rates to be read as upto
Copyright Business Recorder, 2009

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