Allied Bank declares profit rates

Published July 12, 2003

KARACHI, July 11: Allied Bank of Pakistan Ltd on Friday announced the following rates of profit on various categories of PLS deposits for the half year ended June 30, 2003, says a press release.

PLS saving deposit: For monthly minimum balance below Rs10,000, 0.10pc p.a; for monthly minimum balance Rs10,000 and above, 1.60pc p.a.

PLS special notice deposits: 7 to 29 days, 1.00pc p.a.; and 30 days notice, 1.25pc p.a.

PLS term deposits: one month, 1.24pc p.a.; two months, 1.50pc p.a.; three months, 1.75pc p.a.; six months, 2.00pc p.a.; one year, 2.50pc p.a.; two years, 2.75pc p.a.; three years, 3.00pc p.a.; four years, 3.25pc p.a; five years and above, 3.75pc p.a.

Habib Bank AG Zurich

Special notice deposit: 7 days, 1.50pc p.a.; 30 days, 1.50pc p.a.

Saving deposit: 3.00pc p.a.

Term deposit: one month, 1.50pc p.a.; three months, 2.00pc p.a.; six months, 2.50pc p.a.; one year, 3.00pc p.a.; two years, 3.50pc p.a.; three years, 4.00pc p.a.; four years, 4.50pc p.a.; five years, 5.00pc p.a.

Habib Zurich Flexi-Deposit Certificates (as per scheme): annualize rate of return, 4.14pc.

Habib Zurich-monthly profit (as per scheme): annualize rate of return, 2.70pc.