INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 21 - 25 November 2016)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      10.0000          1.8000        14.5030          5.1480        10.2500          5.0000  
2. Bank of Commerce      18.9510        2.5000      19.1200        9.1060        7.0000        5.2500  
3. BDO Private Bank, Inc.        5.0400        2.7500  ..   ..   ..   ..   
4. East West Banking Corp      11.1900        2.0000      16.2600        4.7500      18.5000        4.0000  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      28.4000        3.5000      37.4000        7.0000        7.5000        4.0000  
7. Phil Trust Company        7.0000        2.9000        6.5000        3.2500        6.0000        6.0000  
8. Philippine Veterans Bank      21.0000        5.2500      21.4570        7.0000      20.3100        6.1380  
9. Robinsons Bank Corporation      52.0310   2.5000        42.6230   7.2180        17.9870   5.2080  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      33.5400        2.9500      36.9800        4.9900        6.7500        4.9900  
11. Maybank Philippines Inc      26.6280        1.7500      27.7680        6.0000      12.9240        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.1500        2.5000  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.7500        2.5000  ..   ..   ..   ..   
3. Bank of America N.A.        4.6950        3.4210  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.6000        2.8300  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      37.2490        2.6400      26.6730        3.3530  ..   ..   
7. Deutsche Bank Ag        5.4000        2.4800  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.1000        1.8300        3.9000        3.9000  ..   ..   
9. Hongkong & Shanghai Banking Corp      19.0000        2.4500      36.0000        4.4440        6.5000        6.5000  
10. Internationale Nederlanden Groep Bk (Ing Bank)        6.8705        3.7000  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        4.0000        5.5000        5.5000  ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.8600 3.6130      25.8510      25.8510  ..   ..   
14. Bank of China Limited        6.0678        6.0678        4.0553        4.0553  ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        3.2900        2.8000  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch        4.5000        4.5000  ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      10.3390        0.4850      26.5800        3.0000        8.0000        3.2500  
2. Bank of the Phil Islands      18.0000        1.0000        6.5000        2.5000        6.0100        3.0000  
3. China Banking Corp      10.5000        2.6500        7.2250        7.2250  ..   ..   
4. Development Bank of the Phil      10.0000        0.3000      15.8080        4.5000        9.2500        4.0000  
5. Land Bank of the  Philippines      15.0000        2.3900      15.0000        4.5930        8.0000        3.5000  
6. Metropolitan Bank & TCO      14.0000        1.0750      11.4400        1.8110      11.2800        2.5000  
7. Phil National Bank      26.4110        2.5000      10.0000        3.0000        7.0000        2.9000  
8. Rizal Comm'L Banking Corp      11.5000        2.0000        8.0000        3.5000        9.0000        1.5000  
9. Security Bank Corp      81.7860        2.0000      39.3880        4.2500      16.9650        4.7500  
10. United Coconut Planters Bank        7.8230        4.5600        6.0000        6.0000        6.9520        6.9520  
11. Union Bank of the Phils      18.0000          2.9500        18.1200          4.0000          8.0000          4.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (17-23 November 2016)
  . .   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.