| INTEREST RATES ON LOANS AND DISCOUNTS GRANTED | |||||||||||||
| (For the period May 14 - 18, 2012)* | |||||||||||||
| Short-term | Medium-term | Long-term | |||||||||||
| HIGH | LOW | HIGH | LOW | HIGH | LOW | ||||||||
| LOCAL BANKS: | |||||||||||||
| 1. | Asia United Bank | 15.960 | 3.750 | 16.800 | 9.000 | 10.250 | 10.250 | ||||||
| 2. | Bank of Commerce | 13.000 | 3.677 | 35.280 | 10.420 | 8.880 | 5.980 | ||||||
| 3. | BDO Private Bank (Banco Santander) | 7.200 | 7.200 | ||||||||||
| 4. | East West Bank | 14.525 | 3.750 | 26.578 | 5.375 | 12.340 | 5.880 | ||||||
| 5. | Export and Industry Bank | ||||||||||||
| 6. | Al Amanah Islamic Bank | ||||||||||||
| 7. | Philippine Bank of Communications | 15.000 | 4.400 | 7.000 | 7.000 | ||||||||
| 8. | Phil. Trust Co. | 7.494 | 3.200 | 7.494 | 7.494 | ||||||||
| 9. | Phil. Veterans Bank | 13.000 | 6.000 | 13.000 | 8.000 | 9.000 | 7.000 | ||||||
| SUBSIDIARIES OF FOREIGN BANKS: | |||||||||||||
| 10. | Robinsons Bank Corp (RBS) (ABN AMRO) | 36.314 | 6.625 | 47.023 | 8.750 | 18.117 | 5.880 | ||||||
| 11. | Chinatrust Bank | 37.540 | 4.000 | 36.980 | 5.750 | ||||||||
| 12. | Maybank | 25.920 | 2.494 | 29.292 | 7.750 | 13.344 | 7.750 | ||||||
| FOREIGN BANKS: | |||||||||||||
| 1. | ANZ Bank | 6.800 | 2.875 | ||||||||||
| 2. | Bangkok Bank | 6.650 | 4.000 | ||||||||||
| 3. | Bank of America | 4.500 | 4.500 | 5.000 | 5.000 | ||||||||
| 4. | Bank of China | ||||||||||||
| 5. | Bank of Tokyo-Mitsubishi | 5.700 | 3.850 | ||||||||||
| 6. | JPMorgan Chase Bank | 7.500 | 7.500 | ||||||||||
| 7. | Citibank, N.A. | 7.260 | 3.576 | 8.316 | 8.316 | ||||||||
| 8. | Deutsche Bank | 6.150 | 5.800 | ||||||||||
| 9. | Mizuho Corporate Bank Ltd. (Fuji Bank) | 4.500 | 0.650 | ||||||||||
| 10. | Hongkong & Shanghai Bank | 26.000 | 3.895 | 36.000 | 4.020 | 7.500 | 7.000 | ||||||
| 11. | ING Bank | 7.000 | 7.000 | ||||||||||
| 12. | Mega Int'l. Commercial Bank Co. Ltd. | 8.500 | 5.500 | 6.000 | 6.000 | ||||||||
| 13. | Korea Exchange Bank | ||||||||||||
| 14. | Standard Chartered Bank | 3.960 | 3.960 | 9.830 | 9.810 | ||||||||
| UBS: | |||||||||||||
| 1. | Allied Banking Corporation | 9.750 | 7.150 | 9.750 | 6.000 | ||||||||
| 2. | Banco De Oro Universal Bank | 41.703 | 1.162 | 40.885 | 5.000 | 11.500 | 3.880 | ||||||
| 3. | Bank of the Philippine Islands | 9.000 | 3.000 | 8.000 | 4.452 | 8.000 | 4.700 | ||||||
| 4. | China Banking Corporation | 10.750 | 4.250 | ||||||||||
| 5. | Development Bank of the Philippines | 12.000 | 3.900 | 15.000 | 4.250 | 10.030 | 5.950 | ||||||
| 6. | Land Bank of the Philippines | 14.000 | 4.000 | 14.000 | 5.971 | 9.000 | 5.000 | ||||||
| 7. | Metropolitan Bank and Trust Company | 15.000 | 1.500 | 10.000 | 3.004 | 5.125 | 3.635 | ||||||
| 8. | Philippine National Bank | 15.000 | 4.000 | 10.000 | 2.500 | 10.180 | 5.540 | ||||||
| 9. | Rizal Commercial Banking Corporation | 12.500 | 5.000 | 9.000 | 6.000 | 9.000 | 9.000 | ||||||
| 10. | Security Bank Corporation | 14.000 | 2.500 | 9.927 | 4.500 | 13.099 | 5.789 | ||||||
| 11. | United Coconut Planters Bank | 11.344 | 5.003 | 8.500 | 7.991 | 8.500 | 7.803 | ||||||
| 12. | Union Bank of the Philippines | 18.860 | 2.100 | 7.000 | 3.800 | 12.000 | 7.500 | ||||||
| * | Cut-off day for banks' weekly report on interest rates for done transactions is Wednesday for Thursday submission to BSP. | ||||||||||||
| n.t. no transaction | |||||||||||||
| Notes: | |||||||||||||
| 1. Interest rates above refer to actual rate charged or paid for the use of money, expressed as an annual percentage of the principal. | |||||||||||||
| 2. Short-term interest rates refer to interest rates charge on loan contracts or debt instruments with maturity period of one year and below; | |||||||||||||
| medium-term interest rates on loan contracts or debt instruments with maturity period of more than one year to five years; and long-term | |||||||||||||
| interest rates on loan contracts or debt instruments with maturity period of more than five years. | |||||||||||||
| 3. Some banks charge lower interest rates on medium and long-term loans compared to short-term loans because the former are secured | |||||||||||||
| by collaterals. | |||||||||||||
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