INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period November 11 - 15, 2019)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation 30.0000 4.5000 28.1530 6.0000 7.2000 6.7500  
2. Bank of Commerce 14.0983 3.7237 19.1195 7.4798 6.7500 6.7500  
3. BDO Private Bank, Inc. 6.0000 6.0000 .. .. .. ..  
4. East West Banking Corp 10.5600 2.0000 8.2500 6.0000 18.7700 6.0000  
5. Al-Amanah Islamic Inv Bnk of the Ph 4.5000 3.0000 11.0000 11.0000 .. ..  
6. Phil Bank of Communications 42.0000 2.0000 42.0000 7.0000 14.0000 9.5000  
7. Phil Trust Company 9.0000 4.0000 7.0000 4.0000 9.0000 9.0000  
8. Philippine Veterans Bank 23.6150 7.3680 23.1870 6.0000 21.7910 6.0000  
9. Robinsons Bank Corporation 54.0150 6.0000 54.0500 5.2500 18.0870 5.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc 8.5900 0.0000 37.5400 7.0000 7.5000 6.8500  
11. Maybank Philippines Inc 24.0000 2.2500 27.6720 6.0000 17.1360 6.0000  
FOREIGN BANKS:                        
1. ANZ Banking Group Ltd 5.9000 4.0000 .. .. .. ..  
2. Bangkok Bank Public Co Ltd 6.0000 6.0000 .. .. .. ..  
3. Bank of America N.A. 4.5100 4.5100 .. .. .. ..  
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd 4.5000 4.4000 .. .. .. ..  
5. JP Morgan Chase Bank National Assn. 3.9640 3.8420 .. .. .. ..  
6. Citibank, N.A. 34.6540 3.7930 27.3880 25.1240 .. ..  
7. Deutsche Bank Ag 6.4200 3.7800 .. .. .. ..  
8. Mizuho Corporate Bank Ltd 7.3500 4.1500 .. .. .. ..  
9. Hongkong & Shanghai Banking Corp 26.0000 3.5500 26.0000 12.0000 .. ..  
10. Internationale Nederlanden Groep Bk (Ing Bank) .. .. .. .. .. ..  
11. Mega Int'L Comm'L Bank Co Ltd 6.5000 5.2500 .. .. .. ..  
12. KEB Hana Bank - Manila Branch .. .. .. .. .. ..  
13. Standard Chartered Bank 5.8500 4.4250 .. .. .. ..  
14. Bank of China Limited 5.9500 5.9500 4.0000 4.0000 .. ..  
15. Cathay United Bank Co. Ltd. - Manila Branch .. .. .. .. .. ..  
16. Sumitomo Mitsui Banking Corporation  - Manila Branch 4.8000 4.7500 .. .. .. ..  
17. Shinhan Bank - Manila Branch .. .. .. .. .. ..  
18. Industrial Bank of Korea - Manila Branch .. .. 6.2000 5.7000 .. ..  
19. United Overseas Bank Limited - Manila Branch 4.7800 4.7800 .. .. .. ..  
20. First Commercial Bank, Ltd - Manila Branch .. .. .. .. .. ..  
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   4.7500   18.7600   3.8400  
2. Bank of the Phil Islands 18.0000 3.0000 34.1900 4.5000 9.4200 4.7500  
3. China Banking Corp 42.0000 0.0000 12.4910 5.7260 7.5000 5.2500  
4. Development Bank of the Phil 8.7500 1.1500 15.0000 4.5000 8.1700 2.6000  
5. Land Bank of the  Philippines 15.0000 2.0000 14.0000 2.0000 8.2000 4.5000  
6. Metropolitan Bank & TCO 12.2500 2.0000 10.4500 2.2500 10.0700 3.0000  
7. Phil National Bank 11.5000 2.5020 10.4400 4.4500 9.0000 4.5740  
8. Rizal Comm'L Banking Corp 12.6500 2.2500 10.2380 8.0000 9.0000 6.0000  
9. Security Bank Corp 118.4290 2.9590 39.5280 5.2500 18.6780 5.2500  
10. United Coconut Planters Bank 33.5330 3.4700 35.0900 6.0000 10.0000 5.7500  
11. Union Bank of the Phils 42.0000 5.1000 13.7000 7.0000 10.0000 6.5000  
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (November 7 - 13, 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.