| INTEREST RATES ON LOANS AND DISCOUNTS GRANTED |
| (For the period August 31 - September 3, 2010)* |
| |
|
Short-term |
Medium-term |
Long-term |
| |
|
HIGH |
|
LOW |
|
           
|
|
LOW |
|
HIGH |
|
LOW |
|
| LOCAL BANKS: |
|
|
|
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|
|
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|
|
|
| 1. |
Asia United Bank |
15.000 |
|
4.400 |
|
16.000 |
|
9.000 |
|
11.000 |
|
10.500 |
|
| 2. |
Bank of Commerce |
15.000 |
|
4.800 |
|
36.000 |
|
5.500 |
|
10.000 |
|
10.000 |
|
| 3. |
BDO Private Bank (Banco Santander) |
6.670 |
|
5.670 |
|
|
|
|
|
|
|
|
|
| 4. |
East West Bank |
18.857 |
|
4.500 |
|
25.595 |
|
5.875 |
|
12.180 |
|
8.000 |
|
| 5. |
Export and Industry
Bank |
10.841 |
|
9.750 |
|
|
|
|
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|
|
|
|
| 6. |
Islamic Bank |
|
|
|
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|
|
|
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|
|
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|
| 7. |
Philippine Bank of Communications |
20.000 |
|
6.250 |
|
20.000 |
|
7.000 |
|
|
|
|
|
| 8. |
Phil. Trust Co. |
|
|
|
|
|
|
|
|
|
|
|
|
| 9. |
Phil. Veterans Bank |
12.500 |
|
4.250 |
|
13.000 |
|
6.000 |
|
10.500 |
|
6.739 |
|
| SUBSIDIARIES OF
FOREIGN BANKS: |
|
|
|
|
|
|
|
|
|
|
|
|
| 10. |
The Royal
Bank of Scotland (ABN AMRO) |
|
|
|
|
8.664 |
|
8.664 |
|
|
|
|
|
| 11. |
Chinatrust Bank |
39.530 |
|
6.250 |
|
38.850 |
|
10.000 |
|
9.000 |
|
8.250 |
|
| 12. |
Maybank |
28.331 |
|
4.979 |
|
37.608 |
|
7.500 |
|
13.524 |
|
9.500 |
|
| FOREIGN BANKS: |
|
|
|
|
|
|
|
|
|
|
|
|
| 1. |
ANZ Bank |
7.800 |
|
4.050 |
|
|
|
|
|
|
|
|
|
| 2. |
Bangkok Bank |
5.200 |
|
5.200 |
|
|
|
|
|
|
|
|
|
| 3. |
Bank of America |
|
|
|
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|
|
|
|
|
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|
| 4. |
Bank of China |
|
|
|
|
|
|
|
|
|
|
|
|
| 5. |
Bank of Tokyo-Mitsubishi |
6.450 |
|
4.100 |
|
|
|
|
|
|
|
|
|
| 6. |
JPMorgan Chase Bank |
|
|
|
|
7.500 |
|
7.500 |
|
|
|
|
|
| 7. |
Citibank, N.A. |
10.060 |
|
4.400 |
|
|
|
|
|
|
|
|
|
| 8. |
Deutsche Bank |
8.550 |
|
6.350 |
|
9.340 |
|
9.340 |
|
|
|
|
|
| 9. |
Mizuho
Corporate Bank Ltd. (Fuji Bank) |
|
|
|
|
|
|
|
|
|
|
|
|
| 10. |
Hongkong &
Shanghai Bank |
26.000 |
|
4.620 |
|
26.000 |
|
5.362 |
|
7.990 |
|
6.990 |
|
| 11. |
ING Bank |
8.500 |
|
8.500 |
|
|
|
|
|
|
|
|
|
| 12. |
Mega Int'l.
Commercial Bank Co. Ltd. |
9.000 |
|
7.500 |
|
|
|
|
|
|
|
|
|
| 13. |
Korea Exchange Bank |
|
|
|
|
|
|
|
|
|
|
|
|
| 14. |
Standard Chartered Bank |
8.000 |
|
8.000 |
|
|
|
|
|
|
|
|
|
| UBS: |
|
|
|
|
|
|
|
|
|
|
|
|
| 1. |
Allied Banking Corporation |
10.500 |
|
3.800 |
|
10.250 |
|
8.936 |
|
|
|
|
|
| 2. |
Banco De Oro Universal Bank |
41.703 |
|
2.637 |
|
40.885 |
|
6.410 |
|
12.000 |
|
7.000 |
|
| 3. |
Bank of the Philippine Islands |
11.250 |
|
4.000 |
|
9.500 |
|
8.400 |
|
8.350 |
|
4.750 |
|
| 4. |
China Banking Corporation |
11.250 |
|
4.250 |
|
10.500 |
|
8.200 |
|
|
|
|
|
| 5. |
Development Bank of the Philippines |
11.500 |
|
4.000 |
|
15.000 |
|
5.870 |
|
10.000 |
|
7.800 |
|
| 6. |
Equitable- PCIB (Merged w/ Banco de Oro) |
|
|
|
|
|
|
|
|
|
|
|
|
| 7. |
Land Bank of the Philippines |
11.858 |
|
4.375 |
|
14.000 |
|
7.750 |
|
11.658 |
|
7.658 |
|
| 8. |
Metropolitan Bank and Trust Company |
16.000 |
|
2.000 |
|
14.000 |
|
3.000 |
|
11.003 |
|
6.500 |
|
| 9. |
Philippine National Bank |
15.000 |
|
3.950 |
|
15.000 |
|
4.500 |
|
13.000 |
|
6.998 |
|
| 10. |
Prudential Bank** |
|
|
|
|
|
|
|
|
|
|
|
|
| 11. |
Rizal Commercial Banking Corporation |
16.000 |
|
1.850 |
|
14.000 |
|
6.000 |
|
9.000 |
|
9.000 |
|
| 12. |
Security Bank Corporation |
14.000 |
|
3.368 |
|
9.433 |
|
8.250 |
|
11.852 |
|
10.147 |
|
| 13. |
United Coconut Planters Bank |
19.530 |
|
6.768 |
|
8.000 |
|
8.000 |
|
|
|
|
|
| 14. |
Union Bank of the Philippines |
14.750 |
|
5.750 |
|
12.490 |
|
4.470 |
|
12.000 |
|
9.000 |
|
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| * |
Cut-off day for banks' weekly report on
interest rates for done transactions is Wednesday for Thursday submission to
BSP. |
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|
| ** |
In view of the acquisition of Prudential Bank
by BPI on December 2005, Prudential Bank rates report will be discontinued. |
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N.T. - no transaction |
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Notes: |
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1. Interest rates above refer to actual rate
charged or paid for the use of money, expressed as an annual percentage of
the principal. |
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2.
Short-term interest rates refer to interest rates charge on loan contracts or
debt instruments with maturity period of one year and below; |
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medium-term
interest rates on loan contracts or debt instruments with maturity
period of more than one year to five years; and long-term |
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interest rates on loan contracts or debt instruments with
maturity period of more than five years. |
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3.
Some banks charge lower interest rates on medium and long-term loans compared
to short-term loans because the former are secured |
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by collaterals. |
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4. Blank means no transaction. |
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