20000120

Banks profit rates

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

AMERICAN EXPRESS BANK

7 days notice 6.5 percent

30 days notice (upto) 8.5 percent

Savings 6.5 percent

Savings-Rupee Plus (upto) 9.5 percent

3 months (upto) 10.0 percent

6 months (upto) 10.5 percent

1 year (upto) 11.0 percent

ALLIED BANK OF PAKISTAN

NOTICE DEPOSITS

7 to 29 days 4.8 percent

30 days & over notice 5.5 percent

Saving Accounts: 5.7 percent

Terms deposits:

3 months 7.0 percent

6 months 7.7 percent

1 year 8.3 percent

2 years 8.9 percent

3 years 9.6 percent

4 years 10.2 percent

5 years & above 10.8 percent