INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 9-13 July 2018)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      30.0000          3.0000        25.0340          5.7500          7.0000          3.5000  
2. Bank of Commerce      14.0980        4.5000      21.3940        6.5000        6.5000        5.2500  
3. BDO Private Bank, Inc.        5.1300        4.8800  ..   ..   ..   ..   
4. East West Banking Corporation      16.4210        1.7500      26.5780        5.8750      17.9880        6.2500  
5. Al-Amanah Islamic Investment Bank of the Philippines      25.0000        3.1500      24.1100      24.1100  ..   ..   
6. Philippine Bank of Communications      35.4000        3.5000      37.4000        6.0000        7.5000        6.5000  
7. PhilTrust Bank        7.0000        4.5000        7.0000        6.0000  ..   ..   
8. Philippine Veterans Bank      21.0000        4.1640      30.5940        5.9300      22.4100      19.6300  
9. Robinsons Bank Corporation      54.0440   4.0000        54.0290   6.2500        17.8920   5.7500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. CTBC Bank (Philippines) Corporation      37.5400        3.0000      36.9800        6.5000        6.0000        5.2500  
11. Maybank Philippines Incorporated      25.2360        1.7500      28.0080        6.0000      12.0480        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        5.8500        3.3500  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.0000        4.0000  ..   ..   ..   ..   
3. Bank of America NT & SA        7.1900        5.0650  ..   ..   ..   ..   
4. The Bank of Tokyo-Mitsubishi UFJ Ltd        4.7500        3.9000  ..   ..   ..   ..   
5. JP Morgan Chase Bank, N.A  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      31.1260        3.6420      26.8900      25.6300  ..   ..   
7. Deutsche Bank AG - Manila Branch        4.7500        3.8000  ..   ..   ..   ..   
8. Mizuho Bank Ltd - Manila Branch        5.0000        2.0800        0.8000        0.8000  ..   ..   
9. Hongkong & Shanghai Banking Corp      26.0000        3.4000      33.0000      11.4900  ..   ..   
10. Internationale Nederlanden Groep Bk (ING Bank)  ..   ..   ..   ..   ..   ..   
11. Mega International Commercial Bank        7.0000        3.8500        4.5000        4.5000  ..   ..   
12. KEB Hana Bank - Manila Branch        3.4600        3.4600  ...   ...   ...   ...   
13. Standard Chartered Bank        5.1000 3.6130  ..   ..   ..   ..   
14. Bank of China Ltd - Manila Branch        6.5329        3.0000  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch  ..   ..   ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        5.8970        5.8970  ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc.      36.7600        1.7110      43.6400        4.0000        7.7500        4.0000  
2. Bank of the Philippine Islands      10.9530        3.1500      11.1500        4.0000        6.6000        3.6250  
3. China Banking Corporation      11.0000        3.2500        9.5000        5.7500        7.4567        6.2500  
4. Development Bank of the Philippines        8.0000        1.6500      15.0000        5.8100        8.0000        2.5250  
5. Land Bank of the  Philippines      15.0000        2.3250      14.0000        4.3300        9.0000        3.5040  
6. Metropolitan Bank & Trust Company  ..   ..   ..   ..   ..   ..   
7. Philippine National Bank      11.5000        2.5020      10.0000        4.3120        4.5000        4.2500  
8. Rizal Comm'L Banking Corp      10.2500        1.3000        8.7500        6.5000        9.0000        4.5450  
9. Security Bank Corporation    114.9060        3.5000      39.5280        5.2500      17.9430        5.1610  
10. United Coconut Planters Bank        7.8100        6.3120        8.7500        6.0000        7.2500        6.0000  
11. Union Bank of the Philippines      42.0000          4.0000        10.8400          5.7500          8.0000          6.2500  
   
* Covers data for the week, which begins on Thursday of the previous week and ends on Wednesday of the reference week (5-11July 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.