Returns on Profit and Loss Sharing Bank Accounts (January TO June 2004)

02 Aug, 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 (JANUARY TO JUNE 2004) (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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Allied Bank Limited 0.50 0.65 1.00 0.70 0.75 1.00 1.25 1.50 1.75 2.00 2.00 2.00
ADBP - - - - - - - - - - - -
Askari Comm Bank 0.25 0.50 1.50 0.50 0.75 1.00 1.50 2.00 2.25 2.50 3.00 3.50
Bank Al-Habib Ltd 0.75 - 1.50 1.50 - 1.75 2.00 2.25 2.50 2.75 3.00 3.75
Bolan Bank Limited 2.00 2.50 2.00 - - 3.00 3.25 3.50 3.75 4.00 4.50 5.00
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 1.10 1.40 1.60 - - 1.50 1.60 2.00 2.25 2.50 2.60 3.00
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
Crescnt Comm Bank 1.00 - 3.00 2.25 - 3.00 3.50 4.00 - - - -
Escort Investment Bank
Faysal Bank Limited - - - - - - - - - - - -
First Women Bank Ltd 0.75 1.00 1.25 - - 1.20 1.40 1.55 2.20 2.70 3.00 3.25
Habib Bank Limited 0.75 1.00 1.00 1.00 1.10 1.20 1.50 1.80 2.25 2.50 2.75 3.00
Indus Bank Limited
IDBP 1.50 2.00 3.00 - - - - 5.00 5.00 5.00 5.00 5.00
KASB Bank Limited 1.50 2.00 3.50 3.00 - 3.50 4.00 4.50 4.75 5.00 5.50 6.00
Muslim Comm Bank 0.80 1.00 1.00 1.00 1.20 1.50 1.75 2.00 2.25 2.50 2.75 3.00
Metropolitan Bank 0.50 1.00 3.00 1.25 - 2.00 2.25 3.00 3.50 4.00 4.50 5.00
National Bank of Pak 1.20 1.20 1.20 - - 1.20 1.70 1.80 2.00 2.20 2.40 2.50
NIB=NDLC-IFIC Bank 2.00 3.00 2.50 - - 3.25 3.75 4.00 - - - -
PICIC Comm Bank 2.00 2.50 3.00 2.50 - 2.75 3.25 3.75 4.25 4.75 - -
Prime Comm Bank 1.00 2.50 3.00 2.00 - - - 4.25 - - - 4.25
Punjab Coop Bank 0.25 0.50 0.50 - - 1.00 1.25 1.50 1.75 2.00 2.25 2.50
Platinum Comm Bank
Saudi Pak Comm Bank
Soneri Bank Limited 1.50 2.00 2.00 2.00 - 2.25 2.50 3.00 3.25 3.50 3.75 4.00
United Bank Limited 0.60 0.75 0.75 0.75 0.80 1.00 1.25 1.50 2.00 2.50 2.50 2.50
Union Bank Limited 0.25 0.50 1.50 - - 3.00 3.50 4.00 4.00 4.00 4.00 4.00
FOREIGN BANKS
ABN-Amro Bank
American Express Bank - - 0.75* 2.50 - 2.25 *2.90 * 2.70 - - - -
Al-Baraka Islamic Bank 0.25 - 1.25 1.25 - 2.85 2.95 3.05 3.40 4.00 4.25 4.45
Bank of Tokyo-Mitsubishi
Bank of Ceylon - - - - - - - - - - - -
Credit Agricole Indosuez - - - - - - - - - - - -
Deutsche Bank 0.73 1.10 0.26 - - 1.00 1.00 0.90 - - - -
Doha Bank - - - - - - - - - - - -
Emirates BIL
Faysal Bank Limited 1.75 2.00 1.50 2.00 2.25 2.75 3.50 4.00 4.25 4.50 4.50 4.50
Habib Bank AG Zurich 0.75 0.75 1.50 1.25 - 1.50 2.00 2.50 3.00 3.50 4.25 5.00
Hong Kong Bank
IFI & C Bank
MashreqBank - - - - - - - - - - - -
Oman Int Bank SAOG 1.50 2.00 2.00 2.75 2.50 - 3.50 4.00 - - - -
Rupali Bank - - 1.50 - - 2.00 2.20 2.60 - - - -
Standard Chart Bank - - * 0.75 0.25 - 0.50 * 0.75 * 1.00 * 1.75 * 2.00 - -
StandChartGrindlaysBank
Societe Generale
Trust Bank Limited
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NOTE: *Rates to be read as upto

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