INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 12 - 16  September 2016)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      18.0000          1.8000        18.0000          6.7500          6.0600          6.0600  
2. Bank of Commerce      14.0980        2.5000      22.4740        3.0000        6.2500        5.2500  
3. BDO Private Bank, Inc.        4.7370        2.7500  ..   ..   ..   ..   
4. East West Banking Corp      11.2500        2.0000      19.2400        3.5000      17.9800        6.0000  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      17.2500        3.5000      36.4000        5.5000        7.5000        7.0000  
7. Phil Trust Company        7.0000        2.8750        3.3750        3.3750        3.5000        3.5000  
8. Philippine Veterans Bank      20.2880        8.0000      21.4570        7.7500      20.3100        4.3860  
9. Robinsons Bank Corporation      52.0340   2.7500        42.9890   6.2500        17.6410   6.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      33.5300        2.7500      36.9800        1.0000        4.9900        4.9900  
11. Maybank Philippines Inc      18.3240        3.0000      26.9040        6.0000      12.9840        6.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.1500        2.2000  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        4.0000        2.5000  ..   ..   ..   ..   
3. Bank of America N.A.        4.5010        3.3680  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.6000        2.7500  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      36.3810        2.9900      27.5630        2.9900  ..   ..   
7. Deutsche Bank Ag        5.4000        2.4500  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        3.6500        0.8100        3.9900        2.9500  ..   ..   
9. Hongkong & Shanghai Banking Corp      22.0000        2.5550      26.0000      13.0000        4.7500        4.7500  
10. Internationale Nederlanden Groep Bk (Ing Bank)  ..   ..   ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        5.0000        3.5000        5.0000        5.0000  ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank      10.0380 3.1000      29.6820      15.2290  ..   ..   
14. Bank of China Limited        4.8500        4.8500        4.0072        4.0072  ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        3.1600        3.1600  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch        2.6330        2.6330  ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..         4.6000        4.6000  ..   ..   
19. United Overseas Bank Limited - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc        9.9810        1.1910        8.0000        2.5000        8.0000        3.0000  
2. Bank of the Phil Islands      18.0000        2.0000        6.5000        3.5000        6.0000        2.7500  
3. China Banking Corp      10.7500        1.7500        9.0000        9.0000  ..   ..   
4. Development Bank of the Phil      10.0000        0.3000      15.8080        9.0000        6.7800        4.0000  
5. Land Bank of the  Philippines      15.4500        2.3890      14.0000        3.7500        7.5710        3.0000  
6. Metropolitan Bank & TCO      12.0000        1.5000      15.3440        2.0730      12.0000        1.9000  
7. Phil National Bank      26.4110        2.7500      10.0000        3.0000  ..   ..   
8. Rizal Comm'L Banking Corp      11.0000        1.2500        8.0000        4.1250        9.0000        8.0000  
9. Security Bank Corp      92.9450        1.7500      39.5280        2.0900        9.9320        3.0000  
10. United Coconut Planters Bank        8.5000        3.9900        8.0000        8.0000        4.5000        4.5000  
11. Union Bank of the Phils      18.0000          3.2500        19.2200          6.5000          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 (8 - 14 September 2016)
  . .   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.