INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 12-16 June 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      12.9990          2.5000        18.0000          6.0000        10.2500          5.2500  
2. Bank of Commerce      14.0980        3.5000      19.1200        7.5000        6.0000        5.2500  
3. BDO Private Bank, Inc.        5.7700        4.7400  ..   ..   ..   ..   
4. East West Banking Corp      11.3800        2.0000      18.9500        5.2500      18.0600        4.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      11.6100        3.5000      37.4000        5.7500        5.9000        5.9000  
7. Phil Trust Company        7.0000        3.5000        7.0000        2.8750        7.0000        5.2500  
8. Philippine Veterans Bank      20.2880        6.8680      31.4590      14.0000      22.4100        6.0000  
9. Robinsons Bank Corporation      52.0480   3.0000        52.0140   6.2500        18.0590   6.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        2.7500      36.9800      10.0000        4.9900        4.9900  
11. Maybank Philippines Inc      21.4680        2.0000      28.2000        6.0000      12.3600        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.7500        2.7500  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        6.0000        3.2500  ..   ..   ..   ..   
3. Bank of America N.A.        4.5130        4.3880  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.2500        2.4000  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      33.0070        2.9500  ..   ..   ..   ..   
7. Deutsche Bank Ag        5.4000        2.6800  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.9000        1.6700        3.4000        3.0000  ..   ..   
9. Hongkong & Shanghai Banking Corp      26.0000        2.9000      36.0000        3.7210        6.0000        6.0000  
10. Internationale Nederlanden Groep Bk (Ing Bank)        3.8180        3.8180  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        7.5000        3.3500  ..   ..   ..   ..   
12. KEB Hana Bank - Manila Branch  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        4.0700 3.5500  ..   ..   ..   ..   
14. Bank of China Limited        6.2190        4.2500  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        3.9400        3.9400  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch  ..   ..   ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      40.0550        1.2410      43.6800        3.0000        8.0000        4.5000  
2. Bank of the Phil Islands      18.0000        2.4000        9.9600        3.5000        6.5000        3.5400  
3. China Banking Corp      10.5000        3.0000        5.0000        5.0000        6.6207        6.6207  
4. Development Bank of the Phil      15.0000        0.5500      15.8080        5.5000        7.0000        4.0000  
5. Land Bank of the  Philippines      15.0000        2.5000      14.0000        4.5000        7.9900        3.5000  
6. Metropolitan Bank & TCO      12.1000        1.5000        9.5300        2.7000        9.6800        2.7500  
7. Phil National Bank      18.5000        2.6500      10.0000        3.4760        6.0000        5.0510  
8. Rizal Comm'L Banking Corp      11.0000        2.0000        8.0000        8.0000        6.6880        5.3420  
9. Security Bank Corp    115.6140        2.5000      39.5270        2.5000      17.9420        5.0000  
10. United Coconut Planters Bank        8.2500        3.4900        7.5000        5.0970        7.8200        7.8200  
11. Union Bank of the Phils      36.0000          2.7500        14.3200          8.1300          6.5000          6.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (8-14 June 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.