INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 9 - 13 January 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation        9.0000          1.8000        14.5030          5.1480        10.2500          5.5000  
2. Bank of Commerce      21.4570        2.5000      18.0550        6.5000        7.2980        5.2500  
3. BDO Private Bank, Inc.  ..   ..   ..   ..   ..   ..   
4. East West Banking Corp      11.0600        2.0000      16.4300        5.0000      18.0600        3.7500  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      11.0000        1.7500      36.4000        7.0000        7.0000        6.2100  
7. Phil Trust Company        7.0000        2.6250        5.5000        3.0000  ..   ..   
8. Philippine Veterans Bank      21.0000        6.5000      26.0000        5.4040      26.0000      20.3100  
9. Robinsons Bank Corporation      52.0110   3.0000        42.8750   6.2500        17.0680   6.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        2.7500      36.9800      10.0000        4.9900        4.9900  
11. Maybank Philippines Inc      20.4120        2.0000      26.9040        6.0000      12.9840        5.0000  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.1500        2.7500  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.7500        3.0000  ..   ..   ..   ..   
3. Bank of America N.A.        4.4750        4.3600        5.0000        5.0000  ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.1000        2.5500  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.        3.9740        2.6400  ..   ..   ..   ..   
7. Deutsche Bank Ag        5.4000        2.2500  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.8000        0.8100  ..   ..   ..   ..   
9. Hongkong & Shanghai Banking Corp      20.0000        2.9000      26.0000        2.5780        6.0000        6.0000  
10. Internationale Nederlanden Groep Bk (Ing Bank)  ..   ..   ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        3.4000  ..   ..   ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.8600 3.1000  ..   ..         6.2770        6.2770  
14. Bank of China Limited  ..   ..   ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        1.5800        1.5800  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..         7.2980        7.2980  
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        3.2500        3.2500  ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      26.6300        1.3910      26.5800        2.2500        6.8800        3.0000  
2. Bank of the Phil Islands      18.0000        2.2500        6.5000        3.6600        7.3700        3.0000  
3. China Banking Corp      10.5000        3.0000        4.7500        4.7500        6.6207        4.0000  
4. Development Bank of the Phil      10.0000        0.6000      15.8080        5.5000        7.0300        4.3000  
5. Land Bank of the  Philippines      15.0000        1.4890      14.0000        5.0000        9.5000        3.5000  
6. Metropolitan Bank & TCO      12.0000        1.5000      10.7800        2.2000      10.5300        2.5000  
7. Phil National Bank      26.4110        2.8500      10.0000        3.0000        7.0000        7.0000  
8. Rizal Comm'L Banking Corp      10.0000        2.2500        8.2500        5.7500        9.5000        9.0000  
9. Security Bank Corp    102.8590        2.0000      39.3890        2.5000      17.1190        5.2000  
10. United Coconut Planters Bank      10.5000        3.5610        7.5250        6.0000        7.2150        7.2150  
11. Union Bank of the Phils      18.0000          3.0000        18.0000          6.0000          8.0000          6.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (5 - 11 January 2017)  
  . .   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.