FootnotesTOTAL RESOURCES OF THE PHILIPPINE FINANCIAL SYSTEM

TOTAL RESOURCES OF THE PHILIPPINE FINANCIAL SYSTEM

Footnotes

Total resources of the Philippine Financial System excludes resources of the Bangko Sentral ng Pilipinas; amount includes allowance for probable losses

Data prior to 2008 were based on the Consolidated Statement of Condition which valued asset gross of allowance for probable losses and net of amortization and depreciation. Data from March 2008 onwards are based on the new Financial Reporting Package (FRP) which valued asset gross of amortization, depreciation and allowance for probable losses.

Non-banks Include Investment Houses, Finance Companies, Investment Companies, Securities Dealers/Brokers, Pawnshops, Lending Investors, Non-Stock Savings and Loan Associations, Credit Card Companies (which are under BSP supervision), and Private and Government Insurance Companies (i.e., SSS and GSIS)