Corporate corner: Bank AL Habib offering munafa account

KARACHI: Bank AL Habib is offering its Al Habib Mahana Munafa Account, featuring monthly payment of profits. The investment is available in five flexible schemes, from terms of one to five years, with monthly profit payments up to 7% per annum on a five-year deposit.

The minimum deposit amount is Rs25,000 and financing up to 90% against the deposit is also being offered. At present, Bank AL Habib has a network of 508 branches and sub-branches in 162 cities and towns of Pakistan, including overseas branches in the Kingdom of Bahrain, Malaysia and Seychelles. The bank also has Representative Offices in Dubai, Turkey and China.

Published in The Express Tribune, August 4^th, 2015.

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