Bank al Habib: Saver account promotes savings
Bank aL Habib has a network of 351 branches and sub-branches in 98 cities including a wholesale branch in Bahrain.
KARACHI:
Bank AL Habib has said that its Monthly Saver Account is geared towards promoting the habit of saving and offers monthly returns and no restriction on withdrawals. In a press release, the bank says the profit is calculated at the rate of 8% per annum on balances of Rs100,000 and above and at 5% per annum on balances below Rs100,000 based on minimum monthly balance. Free ATM Card and loan up to 90% of deposit amount is also offered. At present, Bank AL Habib has a network of 351 branches and sub-branches in 98 cities including a wholesale branch in Bahrain.
Published in The Express Tribune, February 23rd, 2012.
Bank AL Habib has said that its Monthly Saver Account is geared towards promoting the habit of saving and offers monthly returns and no restriction on withdrawals. In a press release, the bank says the profit is calculated at the rate of 8% per annum on balances of Rs100,000 and above and at 5% per annum on balances below Rs100,000 based on minimum monthly balance. Free ATM Card and loan up to 90% of deposit amount is also offered. At present, Bank AL Habib has a network of 351 branches and sub-branches in 98 cities including a wholesale branch in Bahrain.
Published in The Express Tribune, February 23rd, 2012.