QUOTED LENDING RATES OF UNIVERSAL AND COMMERCIAL BANKS 1, p  
for the week ending 11 March 2020      
in percent        
No. Banks High Low
1 Al-Amanah Islamic Investment Bank of the Philippines - -
2 Asia United Bank Corporation 9.1163 5.7178
3 Australia and New Zealand Banking Group Limited 7.9500 4.4500
4 Bangkok Bank Public Co. Ltd. 5.5070 4.6070
5 Bank of America, N.A. - -
6 Bank of China Limited-Manila Branch - -
7 Bank of Commerce 11.8299 8.0659
8 Bank of the Philippine Islands 16.8407 5.8650
9 BDO Private Bank, Inc. 5.5643 5.5643
10 BDO Unibank, Inc. 13.0826 5.3621
11 Cathay United Bank Co., LTD. - Manila Branch - -
12 Chang Hwa Commercial Bank, Ltd. - Manila Branch - -
13 China Banking Corporation 10.2453 5.6603
14 CIMB Bank Philippines Inc. 36.0000 24.0000
15 Citibank, N.A. 18.7533 5.8533
16 CTBC Bank (Philippines) Corporation 12.6463 8.8619
17 Deutsche Bank AG 6.3700 4.0900
18 Development Bank of the Philippines 7.9361 5.4853
19 East West Banking Corporation - -
20 First Commercial Bank, Ltd., Manila Branch - -
21 The Hongkong & Shanghai Banking Corporation - -
22 Hua Nan Commercial Bank, Ltd. - Manila Branch - -
23 Industrial and Commercial Bank of China Limited - Manila Branch - -
24 Industrial Bank of Korea Manila Branch - -
25 ING Bank N.V. 7.9500 4.2200
26 JP Morgan Chase Bank, N.A. - -
27 KEB Hana Bank - Manila Branch - -
28 Land Bank of the Philippines 8.8400 5.1619
29 Maybank Philippines, Incorporated 33.6602 1.1338
30 Mega International Commercial Bank Co., Ltd. 7.5000 5.0000
31 Metropolitan Bank and Trust Company 10.0624 5.2456
32 Mizuho Bank, Ltd. - Manila Branch 6.6500 5.5000
33 MUFG Bank, Ltd. 4.7250 4.5000
34 Philippine Bank of Communications 10.8260 5.8382
35 Philippine National Bank - -
36 Philippine Trust Company 8.0000 5.5000
37 Philippine Veterans Bank 10.4164 7.9333
38 Rizal Commercial Banking Corporation 9.8325 7.1685
39 Robinsons Bank Corporation 8.1753 6.9333
40 Security Bank Corporation 19.3954 5.6059
41 Shinhan Bank - Manila Branch - -
42 Standard Chartered Bank - -
43 Sumitomo Mitsui Banking Corporation-Manila Branch 3.5500 3.5000
44 Union Bank of the Philippines 12.6753 7.1900
45 United Coconut Planters Bank 10.7594 6.7158
46 United Overseas Bank Limited, Manila Branch - -
   
1 The interest rates published in this report are averages of the "indicative rates" per loan types offered and
   actual rates may be higher or lower. Starting 1 January 2020, universal and commercial banks are 
   required to submit the amended reporting templates on banks' lending and deposit rates or   
   "Interest Rates on Loans and Deposits (IRLD)" in accordance with Circular Nos. 1029 and 1037,   
   series of 2019. Meanwhile, banks' submission of IRLD weekly reports that fall due within the   
   months March-June 2020 is suspended until further notice (per BSP Memorandum Nos. M-2020-011 
   dated 19 March 2020 and M-2020-049 dated 9 June 2020). Data reported for January-March 2020 are 
   preliminary and subject to validation by banks.  
p  preliminary  
-  not available