Returns on Profit and Loss Sharing Bank Accounts (JULY TO DECEMBER 2003)

07 Jun, 2004

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

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RETURNS ON PLS INVESTMENTS (JULY TO DECEMBER 2003) (PERCENT)
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BANKS NOTICE DEPOSIT TERM DEPOSITS
Saving
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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Allied Bank Limited 0.50 0.65 1.00 0.70 0.75 1.00 1.25 1.50 1.75 2.00 - -
ADBP
Askari Comm Bank 0.50 1.00 2.00 1.00 1.25 1.50 2.00 2.50 2.75 3.00 3.50 4.00
Bank Al-Habib Ltd 1.00 - 2.00 1.75 - 2.00 2.25 2.50 2.75 3.00 3.25 4.00
Bolan Bank Limited 2.00 2.50 2.00 - - 3.00 3.25 3.50 4.50 5.00 5.50 6.00
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
Bank Alfalah Limited 1.50 1.50 1.50 1.50 - 1.75 2.00 2.25 6.00 6.50 7.00 7.50
Cres Bank
Escort Investment Bank
Faysal Bank Limited 1.75 2.00 2.25 2.00 2.25 2.75 3.50 4.00 4.25 4.50 4.50 4.50
First Women Bank Ltd 1.00 1.25 1.80 - - 2.00 2.25 2.50 2.75 3.00 - 3.25
Habib Bank Limited 0.75 1.00 1.25 1.00 1.25 1.50 1.75 2.00 2.25 2.50 2.75 3.00
Indus Bank Limited
IDBP 2.00 2.50 4.00 - - - - 5.00 5.00 5.00 5.00 5.00
KASB Bank Limited 2.00 2.50 4.00 3.50 - 4.00 4.25 5.00 5.25 5.50 6.00 6.50
Muslim Comm Bank 1.10 1.30 1.30 1.30 1.50 1.70 2.00 2.30 2.50 3.00 3.50 4.00
Metropolitan Bank 0.50 1.00 3.50 1.50 - 2.25 2.50 3.00 3.50 4.00 4.50 5.00
National Bank of Pak 1.20 1.20 1.20 1.20 - 1.20 1.70 2.00 2.30 2.70 2.90 3.00
NIB=NDLC-IFIC Bank 2.00 - 2.50 3.00 - 3.25 3.75 4.00 - - - -
PICIC Comm Bank 2.00 2.50 3.00 2.50 - 3.00 3.50 4.00 4.50 5.00 - -
Prime Comm Bank 1.25 3.00 4.00 2.50 - 4.25 4.75 4.75 - - - 5.00
Punjab Coop Bank
Platinum Comm Bank
Saudi Pak Comm Bank
Soneri Bank Limited 2.00 2.50 3.00 2.50 - 3.00 3.50 4.00 - 4.50 - 5.00
United Bank Limited 0.60 0.75 0.75 0.75 0.80 0.80 0.90 1.00 1.25 1.25 1.50 1.50
Union Bank Limited 0.50 1.00 1.00 - - 3.00 3.50 3.50 - - - -
FOREIGN BANKS
ABN-Amro Bank
American Express Bank - - *1.75 *1.25 - *1.50 *1.75 *2.25 - - - -
Al-Baraka Islamic Bank 0.50 - 1.50 1.50 - 2.75 3.00 3.25 3.75 4.25 4.60 4.80
Bank of Tokyo-Mitsubish
Bank of Ceylon - - - - - - - - - - - -
Credit Agricole Indosuez - - 1.00 1.50 - 1.75 2.00 2.25 - - - -
Deutsche Bank 1.45 1.26 0.50 - - 1.11 1.60 3.39 - - - -
Doha Bank - - 3.00 - - - - - - - - -
Emirates BIL
Faysal Bank Limited
Habib Bank AG Zurich 1.00 1.00 2.00 1.00 - 1.50 2.00 2.75 3.25 4.00 4.50 5.00
Hong Kong Bank
IFI & C Bank
MashreqBank 1.50 - 2.00 2.50 - 3.50 4.00 5.00 - - - -
Oman Int Bank SAOG 1.50 2.50 3.00 2.50 3.50 3.00 4.50 5.00 - - - -
Rupali Bank - - 2.50 - - 2.70 3.00 3.20 - - - -
Standard Chart Bank - - *0.75 0.25 - 0.50 *0.75 *1.00 *1.75 *2.00 - -
StandChartGrindlays Bank
Societe Generale
Trust Bank Limited
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NOTE: *Rates to be read as upto

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