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Banks profit rates

KARACHI: Following banks have announed the following rates of profit on PLS deposits (per annum) for the half year ended December 31, 1999, says a press release.

First Women Bank Limited

Special notice deposits: Rate %

7 days 5.50

30 days 6.50

Savings 6.00

Home management savings 6.50

Women's own savings 6.50

Student savings 6.25

Hyper profit scheme 9.10

Term deposits:

3 mths 8.50

6 mths 9.00

1 year 10.00

2 years 11.00

3 years 11.25

5 years 12.00

Prime Commercial Bank Ltd

Special notice deposits:

7 to 29 days 7.00

30 days 8.00

Savings 11.00

Primax classic savings scheme upto 12.50

Primax anchor savings scheme upto 13.75

Term deposits:

1 month 10.00

3 months 10.75

Primax exclusive 3 months upto 14.00

6 months 11.80

Primax exlusive 6 months upto 14.25

1 year 12.00

2 years 13.00

3 years 14.50

4 years 15.00

4 years 1 month (Prime Munafa scheme) 15.50

5 years 16.00