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Interest Rate on Bank Deposits (Local Currency) in Philippines

Source: Central Bank of the Philippines (Bangko Sentral ng Pilipinas)
Last Updated: July 24, 2023

Interest rate on bank deposits reached 1.71% in fourth quarter of 2015 in Philippines, according to the National Central Bank. This is 14.5% more than in the previous quarter.

Historically, interest rate on bank deposits in Philippines reached an all time high of 22.9% in 1Q1991 and an all time low of 1.10% in 1Q2014.

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