Philippines Interest Rates

The Philippine economy with a population of 91.98 Million (Est 2009) ranks 36th in the world with a GDP PPP of 320 billion and GDP PPP per capita of 3,516 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Philippine Peso (₱) (PHP) . Bank deposits held for a fixed term in the Philippines are called time deposits. According to CIA.gov its inflation was 9.3% in 2008 and 3.3% in 2009.

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Philippines Bank Photos

Philippines Bank Interest Rates

Provider Branch Founded Ownership
Metrobank Metrobank 760 1962 Local
Banco De Oro Banco De Oro 750 1968 Local
BPI BPI 700 1851 Local
RCBC RCBC 387 1960 Local
LANDBANK LANDBANK 329 1963 Local
Philippine National Bank Philippine National Bank 324 1916 Local
China Bank China Bank 300 1920 N/A
EastWest Bank EastWest Bank 255 1994 N/A
PSBank PSBank 200 1960 Local
UnionBank UnionBank 190 1982 N/A

Philippines Discussion Activity

  • Standard Chartered Bank Philippines
    Q: Is it possible to make transaction on SCB account opened oversea?

    Reply Linda from Philippines
  • ANZ Philippines
    Q: My partner (ANZ customer in NZ) frequently transfers money to the Philippines usually via Western Union. Is there an alternative with an ANZ-based Peso-account for example? Thanks

    Reply Peter from New Zealand
  • Metrobank - Deposits
    Q: Hi, Good day! Im planning to open a time deposit peso account. i have few questions. 1. how much is the lowest opening balance? 2. how long the maturity period? and let say 3 months no transaction made , no withdrawal and deposit what gonna happen? 3. Then what if will make a deposit prior to maturity date (3 months) is that okay? Hoping for your answers. Thank you very much.

    Reply Zan from Australia
  • Philippine National Bank
    Q: may i ask how many percent of interest rate for a commercial loan?thanks

    Reply rowena from Sussex, United States
  • RCBC
    Q: what is your current CD rates? tIs money market and CD the same?thanks

    Reply larry from Northridge, United States
  • LANDBANK
    Q: how to open landbank account in kuwait? as i need to deposit checque and they said i can here in kuwait. but how and where?

    Reply florin from Kuwait City, Kuwait
  • Citibank Philippines
    Q: My wife is a Citizen of the Phillipines and we are planning on purchasing a home there. We are interested in opening an account there so we may transfer funds to purchase and to access the bank when we are there. What steps do we need to take and do we need to open an account with Citi in the US also

    Reply Stuart from Fernley, United States
  • Loans
    Q: I am a Filipino Canadian and aspiring to get a housing loan back in the phils. what are the possibilities that I can acquired such loan,or what if I dont have collateral to submit?our average net monthly income with my wife is equivalent to PHP 260K. What are the requirements that I need to submit? Are we qualified?

    Reply Limar from Beverly Hills, United States
  • ANZ Philippines
    Q: Can I deposit NZ dollars to ANZ in NZ account

    Reply Laura from Philippines
  • Banco De Oro
    Q: Dear Sirs, I’m pleased to contact you from China, since I handle more and more business in Philippines . Can you please tell me whether I’m able to open a banking account in your bank so as to receive amounts locally paid as exemple commissions. Thank you very much for your prompt answer. Michael

    Reply Michael from Hong Kong