INTEREST RATES ON LOANS AND DISCOUNTS GRANTED
(For the period 9-13 October 2017)*
    Short-term  Medium-term  Long-term
  HIGH LOW HIGH LOW HIGH LOW  
LOCAL  BANKS:                            
1. Asia United Bank Corporation      30.0000          2.5000        28.1530          5.0000        16.6100          5.0000  
2. Bank of Commerce      16.2170        2.7500      19.1200        6.0000        6.5000        5.2500  
3. BDO Private Bank, Inc.  ..   ..   ..   ..   ..   ..   
4. East West Banking Corp      11.6300        1.7500      20.1500        5.2500      17.9800        5.7500  
5. Al-Amanah Islamic Inv Bnk of the Ph  ..   ..   ..   ..         5.5000        5.5000  
6. Phil Bank of Communications      37.4000        2.8000      37.4000        6.7500        6.7500        5.6000  
7. Phil Trust Company        7.0000        4.0000        5.0000        3.0000        2.7500        2.7500  
8. Philippine Veterans Bank      21.0000        5.0000      31.4590        6.5000      22.4100        5.5840  
9. Robinsons Bank Corporation      52.0180   3.2500        52.0020   6.2500        18.0580   6.7500  
SUBSIDIARIES OF FOREIGN BANKS:                        
10. Chinatrust (Phils) Cbc      37.5400        2.7500      36.9800        5.5000        5.5000        4.9900  
11. Maybank Philippines Inc      25.2360        1.9000      27.9600        6.0000      11.6760        5.2500  
FOREIGN BANKS:                              
1. ANZ Banking Group Ltd        3.9000        2.8100  ..   ..   ..   ..   
2. Bangkok Bank Public Co Ltd        5.0000        4.2500  ..   ..         5.2500        5.2500  
3. Bank of America N.A.        4.5310        4.3820  ..   ..   ..   ..   
4. The Bnk of Tokyo-Mitsubishi Ufj Ltd        3.3500        2.9000  ..   ..   ..   ..   
5. JP Morgan Chase Bank National Assn.  ..   ..   ..   ..   ..   ..   
6. Citibank, N.A.      34.8510        3.4500      27.3440      25.5720  ..   ..   
7. Deutsche Bank Ag        5.4500        2.6000  ..   ..   ..   ..   
8. Mizuho Corporate Bank Ltd        4.2000        1.6000        3.1000        3.1000  ..   ..   
9. Hongkong & Shanghai Banking Corp      21.0000        2.9000      30.0000        5.9900        6.1500        5.9900  
10. Internationale Nederlanden Groep Bk (Ing Bank)  ..   ..   ..   ..   ..   ..   
11. Mega Int'L Comm'L Bank Co Ltd        6.5000        4.7500        3.2500        3.2500  ..   ..   
12. KEB Hana Bank - Manila Branch  ...   ...   ...   ...   ...   ...   
13. Standard Chartered Bank        5.2500 3.5500  ..   ..   ..   ..   
14. Bank of China Limited        5.2000        5.2000        2.4200        2.4200  ..   ..   
15. Cathay United Bank Co. Ltd. - Manila Branch  ..   ..   ..   ..   ..   ..   
16. Sumitomo Mitsui Banking Corporation  - Manila Branch        3.5000        3.5000  ..   ..   ..   ..   
17. Shinhan Bank - Manila Branch  ..   ..   ..   ..   ..   ..   
18. Industrial Bank of Korea - Manila Branch        4.5000        4.5000  ..   ..   ..   ..   
19. United Overseas Bank Limited - Manila Branch  ..   ..   ..   ..   ..   ..   
20. First Commercial Bank, Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
21. Hua Nan Commercial Bank Ltd - Manila Branch  ..   ..   ..   ..   ..   ..   
UBS:                              
1. BDO Unibank Inc      36.7600        1.2940      43.6800        2.8750        7.1320        2.5000  
2. Bank of the Phil Islands      18.0000        2.2500      10.2000        3.5400        6.3700        3.2500  
3. China Banking Corp      10.5000        3.0000        5.6500        4.7500        6.5000        4.8100  
4. Development Bank of the Phil      10.0000        2.5940      15.0000        3.5000        8.0000        4.0000  
5. Land Bank of the  Philippines      15.0000        2.4060      14.0000        3.7980        8.5000        3.5000  
6. Metropolitan Bank & TCO      12.1000        1.8000        9.4400        3.0000        9.9300        2.8750  
7. Phil National Bank      12.0000        2.5000        7.0000        2.5000        7.0000        4.0000  
8. Rizal Comm'L Banking Corp      11.5000        1.8000        8.0000        4.2500        9.0000        3.6620  
9. Security Bank Corp    110.4600        3.0000      39.5280        3.2500      17.4550        4.5000  
10. United Coconut Planters Bank        7.6000        4.6330        7.5000        7.5000        7.0000        7.0000  
11. Union Bank of the Phils      42.0000          2.9500        29.0000          6.0000          7.5000          4.2000  
   
* Covers data for the week which begins on Thursday of the current week and ends on Wednesday of the following week (5 - 11 October 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.