- Retired, Behbood yields adjusted to 13.68%.
- Sarwa Islamic accounts now offer 10.44% of yields.
- MPC’s decision to hold the rate invites changes in profit rates.
Karachi: The Central Directorate of National Economies (CDN) has revised profit rates on several national savings regimes following the decision of the Monetary Policy Committee (MPC) of the State Bank to maintain 12%, the decision of monetary policy (MPC) to maintain the rate of policy unchanged at 12%, The news reported.
Within the framework of the revision, the yield of short -term savings certificates (STSC) was increased by 15 base points to 10.96%, up compared to the previous 10.81%. While defense economy certificates (DSC) now offer a slightly higher yield of 12.15%, up by 1 base point of 12.14%.
Meanwhile, returns to the retirement service account, the Behbood savings certificate and the Shuhada family protection account were increased by 10 BPS each to 13.68%.
The Sarwa Islamic Tower account (SITA) and the Sarwa Islamic Backup Account (SISA) also experienced a significant increase, with rates that increased from 70 BPS to 10.44% each, compared to the 9.74% previous. On the other hand, the savings account rate has been reduced by 100 BPS, now offering a return of 10.5%, against 11.5%.
The CDNS is the largest financial institution in Pakistan, managing assets exceeding 3.4 billions of rupees and serving more than four million customers thanks to a national network of 376 branches across the country, administered by 12 regional administrators.
It plays an essential role in helping the government to finance its budgetary deficits and support the main infrastructure projects.
These changes in profit yields come after the SBP MPC decision to maintain the stable policy rate at 12%, a decision that aligns for efforts to manage inflation and support economic stability.
Inflation, as measured by the consumer price index (IPC), slowed down to 1.5% on an annual basis in February 2025, against 2.4% in January, marking the lowest inflation rate in 113 months, according to Pakistan Bureau of Statistics (PBS).