NBP declares half-year profit on deposits.

National Bank of Pakistan (NBP) has declared half-yearly profit for the period July to December 2018, on deposits of Profit/Loss Sharing, NIDA, Term Deposits, Premium Aamdani Certificates, NBP PLS Plus Term Deposit Certificate and NBP Premium Saver Accounts. The NBP has paid 4.50% percent profit, 5.50 percent, 6.50 percent and 8 percent profit, respectively on saving and NIDA accounts for different period from July to December 2018.

Similarly, for the term deposits, the bank has paid 4.5% - 9.8% profit depending on maturity of the accounts that ranged from three months, six months, one year, two years, three years, four years and five years. National Bank of Pakistan has paid the highest rate of profit on term deposits having more than five years' maturity period. The maximum rate of profit for such deposits was 9.80 percent per annum.

Meanwhile, NBP has paid 6.65 percent, 7.80 percent and 9 percent profit on NBP Premium Aamdani Certificate for one year maturity period while the certificates having two years to five years attracted the higher rate of return in 2018. The bank has paid the highest profit of 12 percent per annum on NBP...