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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
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Arif Habib Bank 6.00 7.00 8.00 8.00 - 9.00 10.00 10.50 11.00 11.50 12.00 13.00
Atlas Bank - - 5.00 5.00 - 5.00 5.00 5.00 - 5.00 - 5.00
Bank Al-Habib 4.00 - 5.00 7.00 - 7.50 8.00 9.00 9.10 9.20 9.30 9.50
Bank of Punjab 0.50 1.00 5.00 1.00 1.00 1.25 1.50 1.75 1.75 2.00 2.00 2.50
Bank of Khyber 1.25 1.50 5.00 - - 2.00 2.50 5.50 6.00 6.50 7.00 8.00
Bank Alfalah 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 1.75 2.00 3.50 4.00 6.00 6.00 6.00 6.00 6.00
First Women Bank 5.50 6.50 5.00 - - 7.00 7.50 8.00 8.25 8.50 8.75 9.00
Habib Bank 5.00 - 5.00 - - 7.50 8.00 10.00 - 10.25 - 11.00
Habib Metropolitan Bank 5.00 5.00 5.25 8.50 - 9.50 10.50 11.00 12.00 12.25 12.50 13.00
Mybank Limited 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
Soner Bank 6.00 8.00 5.00 8.00 - 9.00 10.00 11.00 12.00 13.00 - -
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FOREIGN BANKS
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Al-Baraka Islamic Bank 5.03 - 5.52 6.51 - 8.08 8.74 10.06 10.55 11.04 - 12.03
Deutsche Bank 9.37 10.40 5.00 - 10.33 10.69 10.94 12.99 - - - -
Oman Int. Bank SAOG 5.50 6.00 5.00 6.00 6.50 7.50 8.50 9.00 - - - -
=======================================================================================================================

Copyright Business Recorder, 2010

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