Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2019)

Updated 16 Sep, 2019

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 2019)                                              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                  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
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FOREIGN BANKS
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Deutsche Bank AG              9.89       10.44    10.25    9.76   9.80      9.87      11.45        -       -       -        -       -
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NOTE: *Rates to be read as upto

Copyright Business Recorder, 2019

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