INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 8-12 May 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      13.0170          2.0500        14.0080          7.2510        10.2500          6.2500  
2. Bank of Commerce      18.9510        3.5000      19.1200        9.1540        6.5000        5.7390  
3. BDO Private Bank, Inc.        3.0000        3.0000  ..   ..   ..   ..   
4. East West Banking Corp      11.3800        1.0000      18.5200        5.0000      18.0600        4.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..   ..   ..   
6. Phil Bank of Communications      28.4000        3.7500      37.4000        5.2500        6.7500        6.7500  
7. Phil Trust Company        7.0000        3.5000        7.0000        3.5000        3.5000        3.5000  
8. Philippine Veterans Bank      21.0000        5.0000      30.5940        9.5000      22.4100        4.5460  
9. Robinsons Bank Corporation      52.0450   2.8000        47.1640   6.2500        17.2830   3.8580  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        2.7500      36.9800        5.5000        5.5000        5.5000  
11. Maybank Philippines Inc      24.0000        2.0000      27.7560        4.8550      11.4240        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        4.0500        2.0000  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        6.0000        4.5000  ..   ..   ..   ..   
3. Bank of America N.A.        3.3470        4.7310  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.5500        2.4000  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      34.4900        2.6400      28.1380      26.7550  ..   ..   
7. Deutsche Bank Ag        5.4000        3.9600  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.8000        1.5100        3.9500        2.9900  ..   ..   
9. Hongkong & Shanghai Banking Corp      21.0000        2.5000      36.0000        3.8010        4.8500        4.8500  
10. Internationale Nederlanden Groep Bk (Ing Bank)  ..   ..   ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        3.7500  ..   ..   ..   ..   
12. Korea Exchange Bank  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.8600 3.6130  ..   ..   ..   ..   
14. Bank of China Limited        4.3804        2.1250  ..   ..         5.1236        5.1236  
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        2.9000        2.4000        3.9900        3.9900  ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      36.7600        1.1360      43.6400        3.0000        6.6210        3.2500  
2. Bank of the Phil Islands      18.0000        1.1000      10.2500        3.4570        7.2700        3.3500  
3. China Banking Corp      10.5000        1.5000  ..   ..         7.2810        6.2255  
4. Development Bank of the Phil        9.0000        2.6200      15.0000        5.2500        6.5000        4.0000  
5. Land Bank of the  Philippines      15.4900        2.5000      14.0000        4.6500        9.5000        3.5000  
6. Metropolitan Bank & TCO      12.1000        1.5000        9.5300        1.4800      11.2800        1.6500  
7. Phil National Bank      18.5000        2.6500      10.0000        3.4500        5.0000        4.0000  
8. Rizal Comm'L Banking Corp      11.5000        1.2500        9.0000        4.7290        9.0000        6.0000  
9. Security Bank Corp    115.6120        2.5000      39.5280        3.2000      17.1120        4.0000  
10. United Coconut Planters Bank        7.3440        4.1680        7.5000        6.0000        6.0000        6.0000  
11. Union Bank of the Phils      42.0000          2.9500        36.0000          4.0000          7.5000          6.0000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (4-10 May 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.