Average Bank Lending Rate
January 1998 to June 2008
(in percent)

Note: Starting December 1992, monthly rates reflect the annual percentage equivalent of sample commercial banks' actual monthly interest income on their peso-denominated loans to the total outstanding levels of their peso-denominated loans, bills discounted, mortgage contract receivables and restructured loans.

LATEST: 8.52% (June 2008)
HIGH: 21.1% (Jan 1998)
LOW: 7.9% (Sept 2002)

Source: Bangko Sentral ng Pilipinas (BSP)

Interbank Call Loan Rate
January 1991 to July 2008
(in percent)

LATEST: 5.54% (July 2008)
HIGH: 21.1% (Jan 1998)
LOW: 6.9% (Jul 2003)

Source: Bangko Sentral ng Pilipinas (BSP)