20000120

Banks declare profit rates

KARACHI: Following banks on Wednesday declared rates of profit on various PLS deposits for the half year ended on December 31, 1999:

Allied Bank

7 to 29 days 4.8%

30 days & over notice 5.5.%

Savings accounts 5.7%

PLS term deposits

3 months 7.0%

6 months 7.7%

1 year 8.3%

2 years 8.9%

3 years 9.6%

4 years 10.2%

5 years & above 10.8%

Prudential Bank

Special notice deposits

7-29 days 6.00%

30 days and above 7.50%

PLS Savings 11.00%

Term deposits

1 month 11.25%

3 months 11.75%

6 months 12.25%

1 year 13.00%

2 years 13.25%

3 years 13.50%

4 years 13.75%

5 years 14.00%

Prudential Mahana Plan

2 years 12.00%

3 years 13.00%

4 years 14.00

5 years 15.00

Bank Alfalah

Saving accounts 10.50%

Notice deposits

7-29 days 6.10%

30 days and above 7.50%

Term deposits

1 month 9.00%

3 months 10.00%

6 months 11.00%

1 year 12.00%

3 years 13.50%

5 years 15.00%

Royal Profit

From Rs. 50,000 to 999,999 9.00%, from 1,000,000 to 9,999,999 10.00%, from 10,000,000 & above. 11.00%

Royal Patriot

1 Month 3 Months 6 Months 12 Months Two Years

Rs. 25,000-999,999 9.00% 10.00% 11.00% 11.50% 12.00%

Rs. 1,000,000Ñ4,999,999 10.00% 10.50% 11.25% 12.00% 12.50%

Rs. 5,000,000 & above 10.00% 11.00% 11.40% 12.50% 13.00%

Royal Group

from 100,000 to 999,999 10.00%, from 1,000,000 to 9,999,999 10.50% from 10,000,000 & above 11.00%

ABN Amro Bank

From July 01 to July 31,1999 Rs. 250,000 Rs. 1,000,000 Rs. 2,500,000

to 999,999 to 2,499,999 to 50,000,000

Special Notice Deposit

7 to 29 days 4.00 5.00 6.00

30 days and above 10.30 10.80 11.30

Saving account 10.50 11.00 11.50

Term Deposit

3 months 11.25 11.75 12.25

6 months 11.50 12.00 12.50

1 year 11.42 11.90 12.37

2 years 11.42 11.90 12.37

3 years 11.42 11.90 12.37

From August 01 to October 30, 1999

Rs. 0 to 99,999.00 Rs. 100,000 to 499,999.00 Rs. 500,000 to 1,999,999.00 Rs. 2,000,000 to 4,999,999 Rs. 5,000,000 to 50,000,000

Special Notice Deposit

7 to 29 days 1.00 3.00 4.00 4.00 4.00

30 days and above 2.99 7.90 9.20 9.35 9.60

Saving accounts 3.00 8.00 9.25 9.50 9.75

Term Deposit

3 months 3.75 8.75 10.00 10.25 10.50

6 months 4.00 9.00 10.25 10.50 10.75

1 year 4.21 9.05 10.24 10.48 10.71

2 years 4.21 9.05 10.24 10.48 10.71

3 years 4.21 9.05 10.24 10.48 10.71

From November 01 to December 31, 1999

Rs. 0 to 99,999 Rs. 100,000 to 499,999 Rs. 500,000 to Rs. 1,999,999 Rs. 2,000,000 to 4,999,999 Rs. 5,000,000 to 50,000,000

Special Notice Deposit

7 to 29 days 1.00 3.00 4.00 4.00 4.00

30 days and above 2.99 7.90 8.14 8.38 8.63

Saving account 3.00 8.00 8.25 8.50 8.75

Term Deposit

3 months 3.75 8.75 9.00 9.25 9.50

6 months 4.00 9.00 9.25 9.50 9.75

1 year 4.21 9.05 9.28 9.52 9.76

2 years 4.21 9.05 9.28 9.52 9.76

3 years 4.21 9.05 9.28 9.52 9.76