19  SELECTED ASSET QUALITY INDICATORS  
            Universal and Commercial Banking System  
            as of end of periods indicated  
            in billion pesos  
                       
ACCOUNTS   1999   2000  
  Mar June Sept Dec   Mar June Sept Dec  
Total 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  
Universal Banks                      
     Interbank Loans Receivable    123.048 151.334 157.871 184.428   155.076 103.930 120.216 105.977  
     Total Loan Portfolio, gross (inclusive of IBL)   1,202.974 1,216.882 1,272.655 1,287.077   1,247.642 1,183.800 1,228.233 1,247.351  
     Past Due Loans 1/   165.286 175.391 186.326 167.813   188.260 197.996 223.128 211.387  
     Non-performing Loans    165.286 175.391 180.821 167.013   185.168 184.164 208.094 205.919  
     Loan Loss Reserves     55.673 61.327 64.509 78.372   81.634 84.432 87.460 88.275  
     ROPOA, gross   47.658 60.609 66.759 91.590   96.264 100.755 106.935 118.331  
     Restructured Loans, current   37.892 40.419 44.820 50.022   48.432 44.551 39.753 56.004  
     Non-performing Assets    212.944 236.000 247.580 258.603   281.432 284.919 315.029 324.250  
     Gross Assets  2/   2,020.522 2,085.740 2,181.004 2,270.300   2,220.737 2,222.977 2,289.758 2,405.676  
     Allowance for ROPOA   1.037 1.036 1.233 1.362   2.526 2.183 2.749 3.011  
     Distressed Assets 3/   250.836 276.419 292.400 308.626   329.864 329.470 354.782 380.254  
Commercial Banks                      
     Interbank Loans Receivable    43.630 42.401 30.440 40.209   32.320 31.466 41.088 70.394  
     Total Loan Portfolio, gross (inclusive of IBL)   281.491 288.698 284.931 295.817   281.461 321.765 339.983 380.863  
     Past Due Loans 1/   30.349 32.731 31.851 29.197   32.260 38.848 40.216 41.605  
     Non-performing Loans    30.349 32.731 27.808 28.376   29.899 36.261 38.556 39.894  
     Loan Loss Reserves     12.067 11.988 11.703 12.180   12.713 16.759 17.006 18.932  
     ROPOA, gross   9.380 10.332 11.022 8.352   8.929 11.565 12.402 13.544  
     Restructured Loans, current   4.480 4.352 5.119 4.482   4.739 6.337 6.178 6.226  
     Non-performing Assets    39.729 43.063 38.830 36.728   38.829 47.826 50.958 53.438  
     Gross Assets  2/   495.559 505.422 471.518 501.410   496.061 564.169 571.799 641.190  
     Allowance for ROPOA   0.173 0.261 0.293 0.233   0.298 0.657 0.674 0.673  
     Distressed Assets 3/   44.209 47.415 43.949 41.210   43.567 54.163 57.136 59.664  
                       
19  SELECTED ASSET QUALITY INDICATORS  
            Universal and Commercial Banking System  
            as of end of periods indicated  
            in percent  
                       
RATIOS    1999   2000  
 
  Mar June Sept Dec   Mar June Sept Dec  
   
Total                      
     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  
                       
Universal Banks                      
     LLR to TLP   4.6 5.0 5.1 6.1   6.5 7.1 7.1 7.1  
     Past Due Ratio   13.7 14.4 14.6 13.0   15.1 16.7 18.2 16.9  
     NPL Ratio (inclusive of IBL)   13.7 14.4 14.2 13.0   14.8 15.6 16.9 16.5  
     NPL Ratio (exclusive of IBL)   15.3 16.5 16.2 15.1   16.9 17.1 18.8 18.0  
     NPL Coverage Ratio   33.7 35.0 35.7 46.9   44.1 45.8 42.0 42.9  
     NPA Ratio    10.5 11.3 11.4 11.4   12.7 12.8 13.8 13.5  
     NPA Coverage Ratio   26.6 26.4 26.6 30.8   29.9 30.4 28.6 28.2  
     Distressed Asset Ratio   20.1 21.6 21.8 22.4   24.5 25.6 26.6 27.8  
                       
Commercial Banks                      
     LLR to TLP   4.3 4.2 4.1 4.1   4.5 5.2 5.0 5.0  
     Past Due Ratio   10.8 11.3 11.2 9.9   11.5 12.1 11.8 10.9  
     NPL Ratio (inclusive of IBL)   10.8 11.3 9.8 9.6   10.6 11.3 11.3 10.5  
     NPL Ratio (exclusive of IBL)   12.8 13.3 10.9 11.1   12.0 12.5 12.9 12.8  
     NPL Coverage Ratio   39.8 36.6 42.1 42.9   42.5 46.2 44.1 47.5  
     NPA Ratio    8.0 8.5 8.2 7.3   7.8 8.5 8.9 8.3  
     NPA Coverage Ratio   30.8 28.4 30.9 33.8   33.5 36.4 34.7 36.7  
     Distressed Asset Ratio   15.2 15.9 14.8 13.5   15.0 16.2 16.2 15.1  
                       
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