Banks profit rates

Published July 16, 2005

KARACHI, July 15: The National Bank has declared rate of PLS profit for the half year January 1, to June 30, 2005 as follows:

Title of|    Rates for the

Accounts     period ended

        30-06-2005

1. Special Notice Deposits:

a) 7 to 29 days Notice   1.20

b) Over 30 days Notice  1.20

2. Saving Accounts:

a) Upto Rs. 20,000        0.20

b) Above Rs. 20,000     1.20

3. Term Deposits:

a) Three months             1.50

b) Six months                1.80

c) One year                   2.00  

d) Two years                2.30

e) Three years              2.60

f) Four years                2.90

g) Five years               3.25

h) Above five years    4.00

DEUTSCHE BANK has declared rates of profit and payment of return to the depositors for the half year ended June 30, 2005, as follows:

Type of     Average

Deposits    Rate

7 to 29 days notice deposits   4.50pc

30 days notice deposits          4.79pc

Saving Accounts                    0.67pc

2 months term deposits  5.38pc

3 months term deposits   5.61pc

4 months term deposits  5.10pc

6 months term deposits   4.76pc

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