July 21, 2002	Sunday	Jamadi-ul-Awwal 10,1423

KARACHI, July 20: Bank Alfalah Ltd. paid 8 per cent return to its saving account holders for the six months ended on June 30 2002.

The bank said in a statement that it paid 6.10 per cent and 7.50 per cent return respectively on 7-29 days notice deposits and 30-days and above notice deposits.

The return paid on fixed term deposits were: one month 7.5 per cent; three months 8.50 per cent; six months 9 per cent; one year 9.5 per cent; two years 10 per cent; three years 10.5 per cent; four years 10.75 per cent and five years 11 per cent.

Under its Royal Profit and Royal Group schemes the bank paid 7.5-9.25 per cent return to its depositors—the lowest return on deposits of Rs50,000-Rs999,999 and the highest on deposits of Rs 150 million and above.

Under Royal Patriot scheme the depositors having balances worth Rs25,000-Rs999,999 got 7.5 per cent on one month; 8.5 on three months; 9 per cent on six months; 9.5 per cent on one year and 9.5 per cent on two years.

Under the same scheme the depositors having balances worth Rs1 million-Rs4.999 million got 7.6 per cent on one month; 8.6 per cent on three months; 9.1 per cent on six months; 9.6 per cent on one year and 9.75 per cent on two years.

Those who had put in this scheme Rs5 million or above received a return of 7.7 per cent on one month; 8.7 per cent on three months; 9.2 per cent on six months; 9.7 per cent on one year and 10 per cent on two years.

Under Anmol deposit scheme people got 8.5-15.0 per cent return—the lowest on three months tenure and the highest on seven years.

The monthly income account holders got 9.3 per cent on one year deposits; 9.54 per cent on two years and 10.26 per cent on three years.

EMIRATES BANK: The depositors of Emirates Bank International got 5 per cent return on saving deposits for the half year ended on June 30, 2002.

The bank said in a statement that it paid 5 per cent and 6 per cent return respectively on 7-29 days notice deposits and 30-days and above notice deposits.

The bank paid 6.80 and 9.70 per cent profit respectively on Emirates Xtra and Emirates Pakistani deposit schemes.

Following were the fixed term deposit rates: one month 6 per cent; three months 6.25 per cent; six months 6.5 per cent and 7 per cent on one to five years.