INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period  26 - 30 August 2019)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation 30.0000 4.5000 26.7370 6.7500 8.0000 6.2500  
2. Bank of Commerce 14.0983 4.2500 28.3249 7.2443 8.5000 6.5000  
3. BDO Private Bank, Inc. 6.0000 6.0000 .. .. .. ..  
4. East West Banking Corp 11.0000 2.7500 18.5010 5.6760 18.7690 5.8800  
5. Al-Amanah Islamic Inv Bnk of the Ph 9.0000 1.0830 1.5000 1.5000 27.5000 27.5000  
6. Phil Bank of Communications 37.4000 3.5000 42.0000 9.2500 8.5000 7.3230  
7. Phil Trust Company 11.0000 5.5000 10.0000 8.0000 .. ..  
8. Philippine Veterans Bank 21.0000 6.5000 23.1870 11.0000 21.7910 7.7500  
9. Robinsons Bank Corporation 50.0220 6.5000 54.0440 6.2500 18.2590 6.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc 8.8400 0.0000 37.4500 5.6760 9.2500 6.8500  
11. Maybank Philippines Inc 17.7000 2.0000 33.1320 7.7640 15.7920 6.2500  
FOREIGN BANKS:                        
1. ANZ Banking Group Ltd 6.1500 5.3500 .. .. .. ..  
2. Bangkok Bank Public Co Ltd 7.0000 6.0000 .. .. .. ..  
3. Bank of America N.A. 5.7500 4.4100 .. .. .. ..  
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd 5.7500 5.5000 .. .. .. ..  
5. JP Morgan Chase Bank National Assn. 4.9380 4.3940 .. .. .. ..  
6. Citibank, N.A. 35.3930 4.1140 4.9380 4.9380 .. ..  
7. Deutsche Bank Ag 6.9800 4.7500 .. .. .. ..  
8. Mizuho Corporate Bank Ltd 6.7500 4.2500 .. .. .. ..  
9. Hongkong & Shanghai Banking Corp 19.9900 3.6000 26.0000 13.0000 6.0000 6.0000  
10. Internationale Nederlanden Groep Bk (Ing Bank) .. .. .. .. .. ..  
11. Mega Int'L Comm'L Bank Co Ltd 8.0000 5.4500 .. .. .. ..  
12. KEB Hana Bank - Manila Branch .. .. 5.6760 5.6760 .. ..  
13. Standard Chartered Bank 7.2000 4.0200 .. .. .. ..  
14. Bank of China Limited 5.9000 5.9000 .. .. .. ..  
15. Cathay United Bank Co. Ltd. - Manila Branch .. .. .. .. .. ..  
16. Sumitomo Mitsui Banking Corporation  - Manila Branch 5.7500 5.0000 .. .. .. ..  
17. Shinhan Bank - Manila Branch 8.7000 8.7000 .. .. .. ..  
18. Industrial Bank of Korea - Manila Branch .. .. .. .. .. ..  
19. United Overseas Bank Limited - Manila Branch .. .. .. .. .. ..  
20. First Commercial Bank, Ltd - Manila Branch 5.8000 5.8000 .. .. .. ..  
21. Hua Nan Commercial Bank Ltd - Manila Branch .. .. .. .. .. ..  
22. Chang Hwa Commercial Bank Ltd - Manila Branch .. .. .. .. .. ..  
23. CIMB Bank Philippines 36.0000 30.0000 36.0000 24.0000 .. ..  
UBS:                        
1. BDO Unibank Inc 42.0000   0.0000   43.6800   5.0000   18.7600   4.5290  
2. Bank of the Phil Islands 18.0000 2.4000 34.1900 4.5000 13.4600 4.0000  
3. China Banking Corp 42.0000 0.0000 14.0520 5.6760 7.5000 4.6750  
4. Development Bank of the Phil 8.5000 1.5000 15.0000 5.0000 9.2000 4.5000  
5. Land Bank of the  Philippines 15.0000 1.6770 14.0000 2.0000 12.0000 4.5000  
6. Metropolitan Bank & TCO 12.2500 1.5000 11.2400 2.0850 11.2400 5.8800  
7. Phil National Bank 13.0000 2.5020 12.0000 3.3890 9.5000 4.8100  
8. Rizal Comm'L Banking Corp 12.7000 2.4000 10.2380 5.6760 9.0000 6.1170  
9. Security Bank Corp 116.5690 1.9570 73.1830 2.4560 18.6800 6.2500  
10. United Coconut Planters Bank 33.5330 1.7500 35.0900 5.7500 9.2500 5.7500  
11. Union Bank of the Phils 42.0000 5.5000 13.8900 8.0000 10.0000 8.0000  
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (29 August-04 September 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.