9   OUTSTANDING LOANS (GROSS)
	Philippine Banking System
	classified by type of accounts
	as of end of periods indicated
	in billion pesos
Selected Accounts		UNIVERSAL AND COMMERCIAL BANKS
		2001					2002
		Mar	June	Sept	Dec		Mar	June	Sept	Dec
A.  LEVELS
	Interbank Loans Receivable	143.966	149.115	169.756	201.239		190.816	213.112	206.303	209.053
	Loans and Discounts	1,064.673	1,069.574	1,054.551	1,067.701		1,033.468	978.406	941.560	983.111
	Agra/Agri Credit Loans	47.076	45.673	46.192	48.519		45.845	70.695	105.581	114.726
	Development Incentive Loans	25.907	26.313	24.668	25.810		25.899	28.018	29.123	28.463
	Bills Purchased	37.626	37.231	37.054	41.991		44.451	42.718	48.563	49.372
	Customers' Liabilities - LC/TR	91.561	94.634	93.009	90.588		83.988	86.429	90.041	92.994
	Customers' Liabilities - Accept O/S	9.258	10.211	11.642	11.195		17.086	17.587	19.425	17.419
	Trading Account Securities - Loans	32.995	36.130	25.605	24.364		74.428	46.267	67.719	30.315
	Underwriting Accounts	0.659	0.659	0.659	0.659		0.646	0.646	1.646	1.646
	Restructured Loans	99.363	105.692	109.464	112.986		116.051	116.247	124.640	128.046
	GRAND TOTAL	1,553.085	1,575.233	1,572.600	1,625.052		1,632.680	1,600.126	1,634.601	1,655.145
B.  PERCENTAGE DISTRIBUTION
	Interbank Loans Receivable	9.3	9.5	10.8	12.4		11.7	13.3	12.6	12.6
	Loans and Discounts	68.6	67.9	67.1	65.7		63.3	61.1	57.6	59.4
	Agra/Agri Credit Loans	3.0	2.9	2.9	3.0		2.8	4.4	6.5	6.9
	Development Incentive Loans	1.7	1.7	1.6	1.6		1.6	1.8	1.8	1.7
	Bills Purchased	2.4	2.4	2.4	2.6		2.7	2.7	3.0	3.0
	Customers' Liabilities - LC/TR	5.9	6.0	5.9	5.6		5.1	5.4	5.5	5.6
	Customers' Liabilities - Accept O/S	0.6	0.6	0.7	0.7		1.0	1.1	1.2	1.1
	Trading Account Securities - Loans	2.1	2.3	1.6	1.5		4.6	2.9	4.1	1.8
	Underwriting Accounts	0.0	0.0	0.0	0.0		0.0	0.0	0.1	0.1
	Restructured Loans	6.4	6.7	7.0	7.0		7.1	7.3	7.6	7.7
	GRAND TOTAL	100.0	100.0	100.0	100.0		100.0	100.0	100.0	100.0
C.  GROWTH RATES
	This Quarter Growth
	Interbank Loans Receivable	(18.4)	3.6	13.8	18.5		(5.2)	11.7	(3.2)	1.3
	Loans and Discounts	(3.0)	0.5	(1.4)	1.2		(3.2)	(5.3)	(3.8)	4.4
	Agra/Agri Credit Loans	(5.0)	(3.0)	1.1	5.0		(5.5)	54.2	49.3	8.7
	Development Incentive Loans	44.2	1.6	(6.3)	4.6		0.3	8.2	3.9	(2.3)
	Bills Purchased	(18.2)	(1.0)	(0.5)	13.3		5.9	(3.9)	13.7	1.7
	Customers' Liabilities - LC/TR	(3.7)	3.4	(1.7)	(2.6)		(7.3)	2.9	4.2	3.3
	Customers' Liabilities - Accept O/S	(29.0)	10.3	14.0	(3.8)		52.6	2.9	10.5	(10.3)
	Trading Account Securities - Loans	(0.9)	9.5	(29.1)	(4.8)		205.5	(37.8)	46.4	(55.2)
	Underwriting Accounts	(0.0)	0.0	0.0	0.0		(2.0)	0.0	154.8	0.0
	Restructured Loans	0.1	6.4	3.6	3.2		2.7	0.2	7.2	2.7
	GRAND TOTAL	(4.6)	1.4	(0.2)	3.3		0.5	(2.0)	2.2	1.3
	Year-on-Year Growth
	Interbank Loans Receivable	(23.2)	10.1	5.2	14.1		32.5	42.9	21.5	3.9
	Loans and Discounts	4.7	2.3	(1.6)	(2.7)		(2.9)	(8.5)	(10.7)	(7.9)
	Agra/Agri Credit Loans	(8.0)	(9.4)	(6.9)	(2.1)		(2.6)	54.8	128.6	136.5
	Development Incentive Loans	47.0	13.5	11.2	43.7		(0.0)	6.5	18.1	10.3
	Bills Purchased	(3.9)	5.7	(11.7)	(8.7)		18.1	14.7	31.1	17.6
	Customers' Liabilities - LC/TR	12.5	9.0	2.4	(4.7)		(8.3)	(8.7)	(3.2)	2.7
	Customers' Liabilities - Accept O/S	(14.2)	0.9	(6.8)	(14.1)		84.6	72.2	66.9	55.6
	Trading Account Securities - Loans	(27.4)	1.0	(24.3)	(26.8)		125.6	28.1	164.5	24.4
	Underwriting Accounts	(12.9)	(3.7)	(3.7)	(0.0)		(2.0)	(2.0)	149.6	149.6
	Restructured Loans	26.3	28.6	31.5	13.9		16.8	10.0	13.9	13.3
	GRAND TOTAL	1.6	4.6	0.3	(0.2)		5.1	1.6	3.9	1.9
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