INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 12-16 February 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          3.7500          5.9500          5.0000  
2. Bank of Commerce      21.4570        3.7500      17.9850        6.0000        6.5000        5.2500  
3. BDO Private Bank, Inc.        4.7500        4.7500  ..   ..   ..   ..   
4. East West Banking Corp      11.6250        1.6000      20.0340        5.2500      18.0620        4.5000  
5. Al-Amanah Islamic Inv Bnk of the Ph        8.0000        6.3800  ..   ..   ..   ..   
6. Phil Bank of Communications      28.4000        3.5000      37.4000        7.0000        7.0000        6.7500  
7. Phil Trust Company        7.0000        3.5000        7.0000        4.0000  ..   ..   
8. Philippine Veterans Bank      20.2880        4.1840      25.8400        4.5680      20.3100      19.6300  
9. Robinsons Bank Corporation      52.0040   3.2500        46.9540   6.2500        18.0600   5.5000  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        3.2000      36.9800        2.5000        6.5000        5.2500  
11. Maybank Philippines Inc      24.5160        1.7500      27.5880        6.2500      15.9240        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        5.0000        2.5800  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        7.2500        3.5000  ..   ..   ..   ..   
3. Bank of America N.A.        4.7430        4.4180  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.9500        3.2500  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      32.7820        3.0000      27.8410      26.2490  ..   ..   
7. Deutsche Bank Ag        4.4000        2.9000  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        3.9000        1.6800        2.7600        2.2700  ..   ..   
9. Hongkong & Shanghai Banking Corp      18.0000        2.9000      36.0000      12.4900  ..   ..   
10. Internationale Nederlanden Groep Bk (Ing Bank)        3.3500        3.3500  ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        5.5000        3.5000        4.0000        4.0000  ..   ..   
12. KEB Hana Bank - Manila Branch        6.7000        6.7000  ...   ...   ...   ...   
13. Standard Chartered Bank        4.0700 3.0500  ..   ..   ..   ..   
14. Bank of China Limited        6.1296        6.1147  ..   ..   ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        4.1000        3.3000  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch  ..   ..   ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch        4.4680        4.4680  ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      36.7600        1.7670      43.6400        2.7500        6.8800        3.2500  
2. Bank of the Phil Islands      18.0000        2.4850      10.4530        3.4100        6.8800        3.2500  
3. China Banking Corp      10.5000        1.5000        9.2500        9.2500        6.6207        4.2500  
4. Development Bank of the Phil        8.0000        2.8000      15.0000        6.5000        8.0000        4.0000  
5. Land Bank of the  Philippines      15.0000        2.6970      14.0000        3.0000        9.6300        4.0000  
6. Metropolitan Bank & TCO      12.0000        1.5000      10.5200        2.0000        9.6800        3.1250  
7. Phil National Bank      12.5000        1.7000      10.0000        3.0000        7.0000        4.5000  
8. Rizal Comm'L Banking Corp      11.5000        2.1500        8.5000        6.7500        7.5000        5.5000  
9. Security Bank Corp    117.3340        2.9000      39.5280        4.5000      18.4550        4.0000  
10. United Coconut Planters Bank        7.2500        3.4900        6.5000        6.5000  ..   ..   
11. Union Bank of the Phils      42.0000          3.3500        29.0000          6.0000          8.0000          4.2000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (8-14 February 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.