INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 9-13 April 2018)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      30.0000          2.7500        25.5870          5.5000        12.0000          5.7500  
2. Bank of Commerce      14.0980        3.7500      18.4520        9.9110        6.5000        6.5000  
3. BDO Private Bank, Inc.        5.7100        4.7500  ..   ..   ..   ..   
4. East West Banking Corporation      10.0000        2.5000      18.5230        5.5000      17.9850        4.2500  
5. Al-Amanah Islamic Investment Bank of the Philippines      18.0000      18.0000      18.0000      18.0000      10.0060      10.0060  
6. Philippine Bank of Communications      19.4600        1.7500      37.4000        7.0000      10.0000        6.0000  
7. PhilTrust Bank        7.0000        3.4000        2.5000        2.5000        7.0000        7.0000  
8. Philippine Veterans Bank        7.7500        4.7320      26.0000      12.0000      22.4100        7.0000  
9. Robinsons Bank Corporation      52.0280   4.0000        52.0470   4.5000        18.0590   5.7500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. CTBC Bank (Philippines) Corporation      37.5400        2.7500      36.9800        4.1250        6.7500        4.9900  
11. Maybank Philippines Incorporated      21.4910        1.7500      27.8520        6.0000      13.1040        6.0000  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.7000        3.0000  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.1000        5.1000  ..   ..   ..   ..   
3. Bank of America NT & SA        6.3680        4.5580  ..   ..   ..   ..   
4. The Bank of Tokyo-Mitsubishi UFJ Ltd        3.9000        3.4000  ..   ..   ..   ..   
5. JP Morgan Chase Bank, N.A  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      33.6040        3.1500      27.0640      25.3030  ..   ..   
7. Deutsche Bank AG - Manila Branch        4.4500        2.6500  ..   ..   ..   ..   
8. Mizuho Bank Ltd - Manila Branch        4.3000        1.9300        4.2000        4.2000  ..   ..   
9. Hongkong & Shanghai Banking Corp      26.0000        2.9000      26.0000        5.7500  ..   ..   
10. Internationale Nederlanden Groep Bk (ING Bank)        5.5000        5.5000  ..   ..   ..   ..   
11. Mega International Commercial Bank        6.5000        3.7500  ..   ..   ..   ..   
12. KEB Hana Bank - Manila Branch  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.2500 3.3000  ..   ..   ..   ..   
14. Bank of China Ltd - Manila Branch        5.5297        3.4600  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        4.3500        2.8500  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..         4.8000        4.8000  ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        5.6610        5.6610        8.6910        8.6910  ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc.      36.7600        1.3110      43.6800        3.0000        6.6210        4.5000  
2. Bank of the Philippine Islands      10.4530        2.9000        8.1830        3.7500        6.8950        3.2500  
3. China Banking Corporation      10.5000        3.7500        9.2500        9.2500        8.1447        4.6932  
4. Development Bank of the Philippines        9.0000        2.8500      15.0000        6.5000        5.7500        4.5800  
5. Land Bank of the  Philippines      15.0000        2.4570      14.0000        4.0000      10.5000        3.7500  
6. Metropolitan Bank & Trust Company      12.0000        2.0000        9.4400        1.5000        9.6800        3.5000  
7. Philippine National Bank      12.0000        2.5000      10.0000        2.5000        7.0000        4.5000  
8. Rizal Comm'L Banking Corp      10.0000        2.5000        8.0000        8.0000        7.5390        3.7900  
9. Security Bank Corporation    111.4600        3.2500      39.3890        4.0000      17.9480        5.2500  
10. United Coconut Planters Bank        8.7500        4.4880        8.3330        4.5400        6.0000        6.0000  
11. Union Bank of the Philippines      36.0000          3.0000        29.0000          6.1300          8.5000          6.0000  
   
* Covers data for the week, which begins on Thursday of the previous week and ends on Wednesday of the reference week (5-11 April 2018)  
  . .   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.