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

11 Oct, 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 1.75 2.00 1.50 2.00 2.25 2.75 3.50 4.00 4.25 4.50 4.50 4.50
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 3.00x 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 B.I.L - - - - - - - - - - - -
Habib Bank A.G. 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 - - - - - - - - - - - -
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 - -
Societe Generale - - - - - - - - - - - -
Trust Bank Limited - - - - - - - - - - - -
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NOTE: *Rates to be read as upto

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