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

=====================================================================================================================================
RETURNS ON PLS INVESTMENTS                              (JANUARY TO JUNE 2019)                                              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                  10.25       10.25    10.25       -      -     10.25      10.25    10.25       -   10.50        -   10.75
Bank Al Habib                10.25       10.25    10.25   10.25      -     10.25      10.25    12.10   12.20   12.35    12.45   12.60
First Women Bank              1.50        1.50    10.25       -      -     10.25      10.40    10.75   11.00   11.25    11.50   11.75
Habib Bank                   10.25       10.25    10.25   10.30      -     10.36      10.60    11.25       -   11.75        -   12.75
Habib Metro Bank             10.25       10.25    10.25   10.25      -     10.50      10.75    11.00   11.25   11.50    11.75   12.00
National Bank of Pakis       10.25           -    10.25       -      -     10.25      10.35    10.65   10.85   11.15    11.45   11.65
ZTBL                             -           -    10.25       -      -     10.65      10.85    11.25   11.45   11.85    12.25   12.45
-------------------------------------------------------------------------------------------------------------------------------------
FOREIGN BANKS
-------------------------------------------------------------------------------------------------------------------------------------
Deutsche Bank AG              9.89       10.44    10.25    9.76   9.80      9.87      11.45        -       -       -        -       -
=====================================================================================================================================

NOTE: *Rates to be read as upto

Copyright Business Recorder, 2019

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