INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 13-17 March 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      10.5000          2.5000        14.5020          5.1480          7.0760          5.5000  
2. Bank of Commerce      21.4570        2.6000      20.9510        8.4150        6.0000        5.2500  
3. BDO Private Bank, Inc.  ..   ..   ..   ..   ..   ..   
4. East West Banking Corp      12.0600        2.0000      18.4600        5.0000      18.0600        4.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      28.4000        3.0000      37.4000        5.5000      10.0000        6.5000  
7. Phil Trust Company        7.0000        2.1250        7.0000        7.0000  ..   ..   
8. Philippine Veterans Bank      20.2880        8.0000      30.5940        6.0000      26.0000        4.8840  
9. Robinsons Bank Corporation      52.0430   2.6000        42.2020   6.2500        18.0600   6.0000  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      35.5100        2.8500      36.9800        5.2500  ..   ..   
11. Maybank Philippines Inc      26.6880        2.0000      27.5640        6.0000      15.8640        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.0500        3.0000  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.0000        3.2300  ..   ..         5.2500        5.2500  
3. Bank of America N.A.        4.5000        4.3540        5.0000        5.0000  ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        7.0000        2.6000  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      33.6380        2.6400      26.8650      26.1760  ..   ..   
7. Deutsche Bank Ag        5.4000        4.5500  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        3.5000        1.1400        2.9900        2.9000  ..   ..   
9. Hongkong & Shanghai Banking Corp      20.0000        2.5500      26.0000      13.9900        6.3700        6.0000  
10. Internationale Nederlanden Groep Bk (Ing Bank)        2.9000        2.9000  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        3.3500        3.2500        3.2500  ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.8600 3.6130  ..   ..   ..   ..   
14. Bank of China Limited        4.2500        4.2500  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        3.8000        3.8000  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        3.1850        3.1850  ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc        9.2500        1.5070      40.8910        3.0000        8.0000        4.0000  
2. Bank of the Phil Islands      18.0000        1.1000        7.6800        3.1500        9.6700        2.9740  
3. China Banking Corp      10.5000        3.0000        9.2500        5.0000        5.0000        5.0000  
4. Development Bank of the Phil        9.5000        0.4200      15.8080        5.7310        8.5000        3.5000  
5. Land Bank of the  Philippines      15.0000        2.3940      14.0000        4.5000        9.5020        3.0000  
6. Metropolitan Bank & TCO      12.0000        1.5000      10.2800        2.2500      10.2000        2.0740  
7. Phil National Bank      12.0000        2.8500      10.0000        3.3880  ..   ..   
8. Rizal Comm'L Banking Corp      11.0000        1.3500        8.0000        3.7500        9.0000        4.6600  
9. Security Bank Corp    105.4290        2.7500      39.5280        4.2500      10.6930        3.2500  
10. United Coconut Planters Bank        7.7640        4.4620        7.0000        7.0000        6.0000        5.5000  
11. Union Bank of the Phils      36.0000          3.0000        36.0000          5.0700          9.5000          6.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (9-15 March 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.