July 17, 2002	Wednesday	Jamadi-ul-Awwal 6, 1423

KARACHI, July 16: State-run Habib Bank Limited has announced 3.25 per cent profit on saving accounts for the half year ended on June 30, 2002.

The bank has announced 5.50-7.00 per cent return on different slabs of special saving deposits worth Rs3.0m to Rs1.0 billion.

Following are the term deposit rates: one month 5 per cent; two months 5.25 per cent; three months 5.50 per cent; six months 6.0 per cent; one and one-and-a-half years 6.50 per cent; two and two-and-a-half years 6.75 per cent; three and three-and-a-half years 7 per cent; four and four-and-a-half years 7.25pc; and five years and above 7.50 per cent.

On PLS Khas term deposits the bank has announced 7.00-8.00 per cent profit. It has announced 4.50 per cent return on 7-29 days short notice deposits and 5 per cent return on 30 days and above notice deposits. On PLS monthly income scheme the bank has announced 8 per cent profit and on PLS-converted rupee saving deposits it has announced 7 per cent return.