10  SELECTED ASSET QUALITY INDICATORS            
            Philippine Banking System  
            as of end of periods indicated  
            in billion pesos  
                       
ACCOUNTS   1999   2000  
  Mar June Sept Dec   Mar June Sept Dec  
All Banks                      
     Interbank Loans Receivable    173.284 200.876 195.436 233.045   192.057 140.027 166.253 182.597  
     Total Loan Portfolio, gross (inclusive of IBL)   1,650.080 1,677.088 1,735.237 1,752.605   1,698.007 1,678.782 1,742.799 1,804.824  
     Past Due Loans 1/   225.398 238.275 249.332 225.201   246.179 261.022 287.651 276.916  
     Non-performing Loans    225.398 238.275 236.824 221.965   238.842 243.989 270.118 268.688  
     Loan Loss Reserves   75.629 82.180 85.922 100.366   103.196 109.929 114.381 117.404  
     ROPOA, gross   73.299 91.373 99.729 122.443   128.864 136.842 144.834 158.455  
     Restructured Loans, current   44.381 46.424 51.589 56.089   54.425 52.265 48.683 65.766  
     Non-performing Assets    298.696 324.208 336.553 344.408   367.706 380.831 414.952 427.143  
     Gross Assets 2/   2,792.983 2,874.290 2,935.395 3,057.550   2,999.270 3,079.159 3,147.668 3,356.529  
     Allowance for ROPOA   1.691 1.913 2.153 2.341   3.621 3.684 4.383 4.673  
     Distressed Assets 3/   343.078 370.632 388.142 400.496   422.131 433.096 463.635 492.909  
Universal and Commercial Banks                       
     Interbank Loans Receivable    166.678 193.735 188.311 224.636   187.396 135.396 161.304 176.371  
     Total Loan Portfolio, gross (inclusive of IBL)   1,484.465 1,505.581 1,557.587 1,582.894   1,529.103 1,505.565 1,568.216 1,628.214  
     Past Due Loans 1/   195.635 208.122 218.177 197.009   220.520 236.844 263.344 252.992  
     Non-performing Loans    195.635 208.122 208.629 195.389   215.067 220.425 246.650 245.813  
     Loan Loss Reserves   67.740 73.316 76.212 90.551   94.348 101.191 104.466 107.207  
     ROPOA, gross   57.038 70.940 77.781 99.942   105.194 112.320 119.337 131.875  
     Restructured Loans, current   42.372 44.771 49.939 54.504   53.170 50.888 45.931 62.230  
     Non-performing Assets    252.673 279.063 286.410 295.332   320.261 332.745 365.987 377.688  
     Gross Assets 2/   2,516.081 2,591.163 2,652.522 2,771.710   2,716.798 2,787.146 2,861.557 3,046.866  
     Allowance for ROPOA   1.210 1.297 1.527 1.595   2.824 2.840 3.423 3.684  
     Distressed Assets 3/   295.045 323.834 336.349 349.836   373.431 383.633 411.918 439.918  
Thrift Banks                      
     Interbank Loans Receivable    6.606 7.141 7.126 8.409   4.662 4.631 4.949 6.226  
     Total Loan Portfolio, gross (inclusive of IBL)   123.685 129.823 135.973 128.111   127.577 131.405 132.510 134.330  
     Past Due Loans 1/   21.526 21.646 22.822 20.034   17.501 15.897 16.241 16.123  
     Non-performing Loans    21.526 21.646 19.861 18.417   15.616 15.283 15.402 15.216  
     Loan Loss Reserves   6.506 7.291 8.005 7.942   6.890 6.736 7.854 8.036  
     ROPOA, gross   13.649 17.504 18.667 18.680   19.715 20.190 20.441 20.991  
     Restructured Loans, current   2.009 1.653 1.650 1.584   1.255 1.377 1.672 2.506  
     Non-performing Assets    35.175 33.711 38.528 37.097   35.331 35.473 35.843 36.208  
     Gross Assets 2/   216.090 222.147 221.399 223.987   219.051 226.996 220.227 242.122  
     Allowance for ROPOA   0.481 0.616 0.626 0.746   0.797 0.844 0.827 0.851  
     Distressed Assets 3/   37.185 35.364 40.178 38.681   36.586 36.850 37.514 38.714  
Rural and Cooperative Banks                      
     Interbank Loans Receivable    0.000 0.000 0.000 0.000   0.000 0.000 0.000 0.000  
     Total Loan Portfolio, gross   41.930 41.684 41.678 41.600   41.327 41.812 42.073 42.280  
     Past Due Loans 1/   8.237 8.506 8.334 8.159   8.158 8.281 8.066 7.801  
     Non-performing Loans    8.237 8.506 8.334 8.159   8.158 8.281 8.066 7.658  
     Loan Loss Reserve   1.383 1.574 1.705 1.873   1.959 2.001 2.061 2.161  
     ROPOA, gross   2.611 2.928 3.281 3.821   3.955 4.332 5.056 5.589  
     Restructured Loans, current   0.000 0.000 0.000 0.000   0.000 0.000 1.080 1.030  
     Non-performing Assets    10.848 11.434 11.615 11.979   12.113 12.613 13.122 13.247  
     Gross Assets 2/   60.811 60.981 61.473 61.852   63.421 65.017 65.884 67.541  
     Allowance for ROPOA   0.000 0.000 0.000 0.000   0.000 0.000 0.133 0.138  
     Distressed Assets 3/   10.848 11.434 11.615 11.979   12.113 12.613 14.202 14.277  
                       
10  SELECTED ASSET QUALITY INDICATORS            
            Philippine Banking System  
            as of end of periods indicated  
            in percent  
                       
RATIOS    1999   2000  
  Mar June Sept Dec   Mar June Sept Dec  
                       
All Banks                      
     LLR to TLP   4.6 4.9 5.0 5.7   6.1 6.5 6.6 6.5  
     Past Due Ratio   13.7 14.2 14.4 12.8   14.5 15.5 16.5 15.3  
     NPL Ratio (inclusive of IBL)   13.7 14.2 13.6 12.7   14.1 14.5 15.5 14.9  
     NPL Ratio (exclusive of IBL)   15.3 16.1 15.4 14.6   15.9 15.9 17.1 16.6  
     NPL Coverage Ratio   33.6 34.5 36.3 45.2   43.2 45.1 42.3 43.7  
     NPA Ratio    10.7 11.3 11.5 11.3   12.3 12.4 13.2 12.7  
     NPA Coverage Ratio   25.9 25.9 26.2 29.8   29.0 29.8 28.6 28.6  
     Distressed Asset Ratio   19.9 21.0 21.2 21.4   23.1 23.9 24.6 25.1  
Universal and Commercial Banks                      
     LLR to TLP   4.6 4.9 4.9 5.7   6.2 6.7 6.7 6.6  
     Past Due Ratio   13.2 13.8 14.0 12.4   14.4 15.7 16.8 15.5  
     NPL Ratio (inclusive of IBL)   13.2 13.8 13.4 12.3   14.1 14.6 15.7 15.1  
     NPL Ratio (exclusive of IBL)   14.8 15.9 15.2 14.4   16.0 16.1 17.5 16.9  
     NPL Coverage Ratio   34.6 35.2 36.5 46.3   43.9 45.9 42.4 43.6  
     NPA Ratio    10.0 10.8 10.8 10.7   11.8 11.9 12.8 12.4  
     NPA Coverage Ratio   27.3 26.7 27.1 31.2   30.3 31.3 29.5 29.4  
     Distressed Asset Ratio   19.1 20.5 20.6 20.8   22.8 23.7 24.4 25.0  
Thrift Banks                      
     LLR to TLP   5.3 5.6 5.9 6.2   5.4 5.1 5.9 6.0  
     Past Due Ratio   17.4 16.7 16.8 15.6   13.7 12.1 12.3 12.0  
     NPL Ratio (inclusive of IBL)   17.4 16.7 14.6 14.4   12.2 11.6 11.6 11.3  
     NPL Ratio (exclusive of IBL)   18.4 17.6 15.4 15.4   12.7 12.1 12.1 11.9  
     NPL Coverage Ratio   30.2 33.7 40.3 43.1   44.1 44.1 51.0 52.8  
     NPA Ratio    16.3 15.2 17.4 16.6   16.1 15.6 16.3 15.0  
     NPA Coverage Ratio   19.9 23.5 22.4 23.4   21.8 21.4 24.2 24.5  
     Distressed Asset Ratio   27.1 24.0 26.0 26.4   24.8 24.3 24.5 24.9  
Rural and Cooperative Banks                      
     LLR to TLP   3.3 3.8 4.1 4.5   4.7 4.8 4.9 5.1  
     Past Due Ratio   19.6 20.4 20.0 19.6   19.7 19.8 19.2 18.5  
     NPL Ratio    19.6 20.4 20.0 19.6   19.7 19.8 19.2 18.1  
     NPL Coverage Ratio   16.8 18.5 20.5 23.0   24.0 24.2 25.6 28.2  
     NPA Ratio    17.8 18.8 18.9 19.4   19.1 19.4 19.9 19.6  
     NPA Coverage Ratio   12.7 13.8 14.7 15.6   16.2 15.9 16.7 17.4  
     Distressed Asset Ratio   24.4 25.6 25.8 26.4   26.8 27.3 30.1 29.8  
                       
1/ Inclusive of Items In Litigation  
2/ Refers to Total Assets net of reserves plus Loan Loss Reserves (LLR) plus Provisions for ROPOA  
3/ Refers to Non-Performing Loans (NPLs), ROPOA gross and Restructured Loans, current  
Legend:                      
TLP refers to Total Loan Portfolio (gross)
NPL refers to Non-Performing Loans
LLR refers to Loan Loss Reserves  
ROPOA refers to Real and other Properties Owned or Acquired
NPA refers to Non-Performing Assets which consists of NPLs and ROPOA, gross
Note: Details may not add up to totals due to rounding-off  
Source : Supervisory Reports & Studies Office, Supervision and Examination Sector
 
Updated as of 12 March 2004