INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 10-14  April 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      14.0170          2.0500        18.0000          5.1480        18.0000          5.5000  
2. Bank of Commerce      18.9510        2.6000      19.1200        8.6770        8.6770        5.2500  
3. BDO Private Bank, Inc.        5.4200        4.8000  ..   ..   ..   ..   
4. East West Banking Corp      21.2500        1.3000      21.0100        5.0000      18.0600        5.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph        8.0000        8.0000  ..   ..   ..   ..   
6. Phil Bank of Communications      19.4600        1.7500      37.4000        7.0000        6.7500        6.7500  
7. Phil Trust Company        7.0000        4.5000        7.0000        6.0000  ..   ..   
8. Philippine Veterans Bank        7.5000        4.5000      30.5940        5.6580      26.0000        6.0000  
9. Robinsons Bank Corporation      52.0460   2.7500        52.0030   4.0000        17.5170   5.5000  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.4500        2.8500      36.9800      10.0000        4.9900        4.9900  
11. Maybank Philippines Inc      18.8510        2.0000      29.1600        6.0000      11.8670        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.1500        2.6500  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.0000        4.2500  ..   ..   ..   ..   
3. Bank of America N.A.        4.7260        3.3370  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.2500        2.6500  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      36.4640        2.6400      26.7130      24.7350  ..   ..   
7. Deutsche Bank Ag        5.4000        2.7750  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.8000        1.1000        2.9900        2.3600  ..   ..   
9. Hongkong & Shanghai Banking Corp      26.0000        2.9000      26.0000        5.2500  ..   ..   
10. Internationale Nederlanden Groep Bk (Ing Bank)        2.9000        2.9000  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        3.7500  ..   ..   ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.8600 3.2500  ..   ..   ..   ..   
14. Bank of China Limited        4.2500        4.2500  ..   ..         5.2609        4.7609  
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        2.9500        2.4000  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch        5.0000        4.5000  ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        3.2500        3.2500  ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc        9.2500        1.5270      26.5800        3.0000        8.0000        3.0000  
2. Bank of the Phil Islands      18.0000        2.4000        6.5000        3.0000        6.9700        3.0000  
3. China Banking Corp      10.7500        3.0000        9.2500        9.2500        6.6207        5.7392  
4. Development Bank of the Phil      10.0000        0.5500      15.0000        5.2500        7.4100        4.5000  
5. Land Bank of the  Philippines      15.0000        2.1350      14.0000        5.0000        8.1270        3.0000  
6. Metropolitan Bank & TCO      12.0000        1.6070      11.2500        2.3500      10.2000        1.7000  
7. Phil National Bank      10.0000        2.5000      10.0000        3.3750        6.5500        6.5500  
8. Rizal Comm'L Banking Corp      11.5000        1.2500        8.0000        8.0000        9.0000        4.5000  
9. Security Bank Corp    110.4620        2.0000      39.5280        4.5000      12.0350        2.9280  
10. United Coconut Planters Bank        6.7500        3.0670        7.0050        6.7500        7.4500        5.5640  
11. Union Bank of the Phils      42.0000          2.0000        36.0000          7.5000          9.5000          5.4900  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (6-12 April 2017)  
  . .   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.