INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 10-14 September 2018)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      30.0000          3.0000        25.5870          4.2500          7.5000          5.0000  
2. Bank of Commerce      13.8290        4.6250      18.0060        6.5000        6.7500        5.2500  
3. BDO Private Bank, Inc.        6.9000        5.0000  ..   ..   ..   ..   
4. East West Banking Corporation      10.0000        2.2500      18.5010        5.8750      18.0600        6.0000  
5. Al-Amanah Islamic Investment Bank of the Philippines      18.0000        3.0000  ..   ..   ..   ..   
6. Philippine Bank of Communications      34.4000        3.5000      37.4000        7.0000        8.0000        5.7500  
7. PhilTrust Bank        7.0000        4.0000        7.0000        4.1250  ..   ..   
8. Philippine Veterans Bank        9.1470        6.2790      30.5940      12.0000      20.3100        6.0000  
9. Robinsons Bank Corporation      54.0350   5.0000        54.0480   6.0000        18.0600   6.2500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. CTBC Bank (Philippines) Corporation      37.5400        3.7500      36.9800        2.5000        6.0000        6.0000  
11. Maybank Philippines Incorporated      25.2360        2.2450      28.8360        6.0000      12.1800        6.0000  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        6.1000        4.2500  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        6.0000        4.5500  ..   ..   ..   ..   
3. Bank of America NT & SA        6.4830        4.5900  ..   ..   ..   ..   
4. The Bank of Tokyo-Mitsubishi UFJ Ltd        5.3500        4.6500  ..   ..   ..   ..   
5. JP Morgan Chase Bank, N.A  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      30.6170        4.0950      26.8990      25.2140  ..   ..   
7. Deutsche Bank AG - Manila Branch        5.4500        4.2500  ..   ..   ..   ..   
8. Mizuho Bank Ltd - Manila Branch        5.7000        2.2100  ..   ..   ..   ..   
9. Hongkong & Shanghai Banking Corp      26.0000        3.9000      36.0000        6.4800        7.3900        7.3900  
10. Internationale Nederlanden Groep Bk (ING Bank)  ..   ..   ..   ..   ..   ..   
11. Mega International Commercial Bank        6.2500        4.2500  ..   ..   ..   ..   
12. KEB Hana Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
13. Standard Chartered Bank        4.6600 4.1500  ..   ..   ..   ..   
14. Bank of China Ltd - Manila Branch        4.9750        4.1500  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        5.3500        5.3500  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch        5.9000        4.5000      10.5900      10.5900  ..   ..   
19. United Overseas Bank Limited - Manila Branch        7.0900        7.0900  ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc.      36.7600        1.8170      43.6800        4.5000        7.2400        4.5000  
2. Bank of the Philippine Islands      14.4600        4.0000      14.0000        5.5300        9.0300        4.6520  
3. China Banking Corporation      11.0000        4.2500        9.7500        9.7500        8.1511        6.1250  
4. Development Bank of the Philippines      10.0000        1.0500      15.0000        5.4000        7.4200        3.0000  
5. Land Bank of the  Philippines      15.0000        1.6500      14.0000        4.5850      14.0000        3.7770  
6. Metropolitan Bank & Trust Company      10.2500        1.8500      10.7600        2.3750        9.9300        1.7000  
7. Philippine National Bank      11.5000        2.0000      10.0000        2.5020        7.3990        5.2500  
8. Rizal Comm'L Banking Corp      10.7500        1.0000        8.0000        7.0000        9.0000        6.5000  
9. Security Bank Corporation    116.6350        2.5000      39.5280        2.2500      18.0580        5.0000  
10. United Coconut Planters Bank        7.9630        5.9900  ..   ..   ..   ..   
11. Union Bank of the Philippines      42.0000          4.7500        13.0000          5.9500          8.4900          5.0000  
   
* Covers data for the week, which begins on Thursday of the previous week and ends on Wednesday of the reference week (6-12 September 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.