QUOTED LENDING RATES OF COMMERCIAL BANKS1                        
  for the dates indicated                                      
  in percent per annum                                      
                                             
                                             
    01/02/18 01/03/18 01/04/18 01/05/18 Jan 2 - 5, 2018  
  High Low High Low High Low High Low High Low High Low  
                                             
                                             
  LOCAL BANKS:  
  1. Al-Amanah Islamic Investment Bank  
  2. Asia United Bank 7.0000 6.5000 7.0000 6.5000 7.0000 6.5000 7.0000 6.5000 7.0000 6.5000  
  3. Bank of Commerce 6.4455 3.9455 6.4455 3.9455 6.4455 3.9455 6.4455 3.9455 6.4455 3.9455  
  4. BDO Private Bank (formerly Banco Santander) 8.1875 4.1875 7.4375 3.4375 7.4375 3.4375 7.4375 3.4375 7.6250 3.6250  
  5. East West Bank 6.2500 4.5000 6.2500 4.5000 6.2500 4.5000 6.2500 4.5000 6.2500 4.5000  
  6. PBCom 8.5000 4.5000 8.5000 4.5000 8.5000 4.5000 8.5000 4.5000 8.5000 4.5000  
  7. Phil. Trust Co. 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000  
  8. Phil. Veterans Bank 7.0250 4.5250 7.0250 4.5250 7.0250 4.5250 7.0250 4.5250 7.0250 4.5250  
  9. Robinsons Bank Corporation 7.5000 4.7500 7.5000 4.7500 7.5000 4.7500 7.5000 4.7500 7.5000 4.7500  
  SUBSIDIARIES OF FOREIGN BANKS:  
  10. Chinatrust Bank 7.1640 6.1640 7.1910 6.1910 7.1460 6.1460 7.1580 6.1580 7.1648 6.1648  
  11. Maybank 7.0000 6.0000 7.0000 6.0000 7.0000 6.0000 7.0000 6.0000 7.0000 6.0000  
  FOREIGN BANKS:  
  12. ANZ Bank 5.5500 3.6000 5.5500 3.6000 5.5500 3.6000 5.5500 3.6000 5.5500 3.6000  
  13. Bangkok Bank 7.7500 4.2500 7.7500 4.2500 7.7500 4.2500 7.7500 4.2500 7.7500 4.2500  
  14. Bank of America 7.0320 5.0320 7.4320 5.4320 7.4320 5.4320 7.4320 5.4320 7.3320 5.3320  
  15. Bank of Tokyo 4.5000 3.5000 4.5000 3.5000 4.5000 3.5000 4.5000 3.5000 4.5000 3.5000  
  16. JPMorgan Chase Bank 3.5980 3.5980 3.5980 3.5980 3.5980 3.5980 3.5980 3.5980 3.5980 3.5980  
  17. Citibank, N.A.2  4.8800 3.7600 4.8800 3.2500 7.3200 3.2500 0.0000 0.0000 4.2700 2.5650  
  18. Deutsche Bank 5.5000 2.7500 5.5000 2.7500 5.5000 2.7500 5.5000 2.7500 5.5000 2.7500  
  19. First Commercial Bank Ltd. Manila Branch 5.3538 4.0000 5.3538 4.0000 5.3538 4.0000 5.3538 4.0000 5.3538 4.0000  
  20. Mizuho Corporate Bank Ltd. (Fuji Bank) 5.0000 2.5000 5.0000 2.5000 5.0000 2.5000 5.0000 2.5000 5.0000 2.5000  
  21. Hongkong & Shanghai Bank 3.5000 2.9000 8.7500 2.9000 4.5000 2.8500 7.3800 2.9000 6.0325 2.8875  
  22. ING Bank 7.4000 4.5500 7.6500 3.8000 7.8500 4.0000 7.6500 3.8000 7.6375 4.0375  
  23. Mega International Commercial Bank 7.5000 3.5000 7.5000 3.5000 7.5000 3.5000 7.5000 3.5000 7.5000 3.5000  
  24. Korea Exchange Bank 8.0000 4.5000 8.0000 4.5000 8.0000 4.5000 8.0000 4.5000 8.0000 4.5000  
  25. Standard Chartered Bank 5.1000 2.9500 5.1000 2.9500 5.1000 2.9500 5.1000 2.9500 5.1000 2.9500  
  26. Bank of China 6.0593 2.7500 6.0593 2.7500 6.0593 2.7500 6.0593 2.7500 6.0593 2.7500  
  27. Cathay United Bank Co., Ltd.* 3.5000 3.0000 3.5000 3.0000 3.5000 3.0000 3.5000 3.0000 3.5000 3.0000  
  28. Industrial Bank of Korea Manila Branch** 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000  
  29. Shinhan Bank 7.5000 4.5000 7.5000 4.5000 7.5000 4.5000 7.5000 4.5000 7.5000 4.5000  
  30. Sumitomo Mitsui Banking Corporation 3.7710 2.5000 3.9840 2.5000 3.8730 2.5000 4.0680 2.5000 3.9240 2.5000  
  31. United Overseas Bank Limited Manila Branch*** 5.5640 3.7360 5.5640 3.7360 5.5640 3.7360 5.5640 3.7360 5.5640 3.7360  
  UBS:  
  31. Banco de Oro Universal Bank 8.1875 4.1875 7.4375 3.4375 7.4375 3.4375 7.4375 3.4375 7.6250 3.6250  
  32. Bank of the Philippine Islands 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000  
  33. China Banking Corporation 8.5000 5.0000 8.5000 5.0000 8.5000 5.0000 8.5000 5.0000 8.5000 5.0000  
  34. Development Bank of the Philippines 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500  
  35. Landbank of the Philippines 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500 7.0000 3.7500  
  36. Metropolitan Bank and Trust Company 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000 7.0000 4.0000  
  37. Philippine National Bank 8.4000 5.7500 8.4000 5.7500 8.4000 5.7500 8.4000 5.7500 8.4000 5.7500  
  38. Rizal Commercial Banking Corporation 7.0000 4.2500 7.0000 4.2500 7.0000 4.2500 7.0000 4.2500 7.0000 4.2500  
  39. Security Bank Corporation 7.0000 5.2500 7.0000 5.2500 7.0000 5.2500 7.0000 5.2500 7.0000 5.2500  
  40. United Coconut Planters Bank 7.0000 5.0000 7.0000 5.0000 7.0000 5.0000 7.0000 5.0000 7.0000 5.0000  
  41. Union Bank of the Philippines 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000 7.0000 4.5000  
  #DIV/0! #DIV/0! 6.5175 4.1679 6.6307 4.1110 6.5876 4.1136 6.4795 4.0310 6.5538 4.1059  
  Average 6.5175 4.1679 6.6307 4.1110 6.5876 4.1136 6.4795 4.0310 6.5538 4.1059  
   
                                             
  * Started operation (Manila Branch) effective 02 October 2015  
  ** Started operation (Manila Branch) effective 06 November 2015  
  *** Started operation (Manila Branch) effective 04 January 2016  
  1 The interest rates published in this report are "indicative rates" and actual rates may be higher.  
  2 Citibank, N.A. - Nothing to report as of 5 January 2018.