INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 25 February - 1 March 2019)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      30.0000          2.5500        25.5870          7.5000          8.5000          4.7500  
2. Bank of Commerce      14.0983        3.0000      18.4521        7.4798        9.0000        5.2500  
3. BDO Private Bank, Inc.        8.3100        5.2500  ..   ..   ..   ..   
4. East West Banking Corp      10.6250        2.7500      21.2440        7.3750      18.4540        6.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph        3.1500        1.5000      11.0000      11.0000  ..   ..   
6. Phil Bank of Communications      11.8000        6.0000      42.0000        7.0000      10.5000        9.5000  
7. Phil Trust Company        7.0000        6.2500        7.0000        5.5000        7.0000        6.0000  
8. Philippine Veterans Bank      20.2880        8.7030      30.5940      10.1380      20.3100        6.5000  
9. Robinsons Bank Corporation      54.0330   3.2500        48.8710   5.9060        18.4530   7.0000  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        4.3750      37.5400        7.5000        7.5000        4.7500  
11. Maybank Philippines Inc      22.1880        1.7500      27.6720        6.5640      11.5680        6.0000  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        7.1000        6.3500  ..   ..         5.5890        5.5890  
2. Bangkok Bank Public Co Ltd        7.5000        6.0000  ..   ..   ..   ..   
3. Bank of America N.A.        7.4000        6.4670  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        6.7500        6.2000        7.4000        7.4000  ..   ..   
5. JP Morgan Chase Bank National Assn.        6.0480        6.0480  ..   ..   ..   ..   
6. Citibank, N.A.      38.5630        5.1060      27.3500      24.9020  ..   ..   
7. Deutsche Bank Ag        7.1000        5.0000  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        6.2500        4.9500        6.1500        6.1500  ..   ..   
9. Hongkong & Shanghai Banking Corp      25.9900        4.7000      25.9900      13.0000        8.1300        8.1300  
10. Internationale Nederlanden Groep Bk (Ing Bank)        5.1000        5.1000  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        8.2500        5.7750        6.0000        6.0000  ..   ..   
12. KEB Hana Bank - Manila Branch  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        7.4100 4.6300  ..   ..   ..   ..   
14. Bank of China Limited        5.8000        5.8000  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch        6.2500        6.2500  ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        6.7500        6.0250        7.3000        7.3000  ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        7.5330        7.5330  ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
22. CIMB Bank Philippines  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      37.6720  0.0000       43.6800  0.0000       19.0770        5.7500  
2. Bank of the Phil Islands      13.4600        3.0000      11.5330        4.5800        8.0000        4.5800  
3. China Banking Corp      11.0000        2.5000        7.0000        7.0000        8.5859        8.2500  
4. Development Bank of the Phil      10.0000        4.7500      15.0000        7.0000        9.6400        5.0000  
5. Land Bank of the  Philippines      15.0000        2.5060      14.0000        6.2500      10.5700        4.7500  
6. Metropolitan Bank & TCO      12.2500        2.2500      10.9900        2.3750      10.9200        4.7500  
7. Phil National Bank      12.0000        2.2520      12.0000        5.7700        8.0000        6.9760  
8. Rizal Comm'L Banking Corp      11.5000        2.0000        9.9750        8.0000        8.5300        8.0870  
9. Security Bank Corp    110.4600        1.4560      39.5280        7.0000      19.0040        6.5000  
10. United Coconut Planters Bank      33.5330        4.9200      35.0900        6.2500        9.5000        6.0000  
11. Union Bank of the Phils      13.0000          3.9000        17.7700          6.0000          8.7500          8.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (21-27 February 2019)
  . .   No Transaction/No Quotation/No Issue  
  . . . Blank  
   
  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 charged 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.