10  SELECTED ASSET QUALITY INDICATORS 1/          
            Philippine Banking System          
            as of end of periods indicated          
            in billion pesos          
                     
ACCOUNTS 2003   2004  
Mar June r/ Sept Dec r/   Mar June Sept Dec  
All Banks                    
     Interbank Loans Receivable 189.601 268.405 260.323 279.951   331.045 291.635 303.249 260.910  
     Total Loan Portfolio, gross (inclusive of IBL) 1,836.621 1,900.719 1,929.674 1,961.368   1,995.460 1,996.476 2,013.727 2,017.161  
     Past Due Loans 2/ 300.681 305.473 302.072 292.248   294.718 292.377 294.951 269.471  
     Non-performing Loans 279.732 284.523 276.313 271.398   274.191 271.410 274.435 252.861  
     Loan Loss Reserves 136.657 140.522 135.105 139.904   139.862 140.760 141.591 146.733  
     ROPOA, gross 3/ 220.026 219.480 226.829 230.712 237.961 241.191 240.895 242.877  
     Restructured Loans, current 79.554 86.293 81.245 83.548   80.949 84.601 65.172 68.519  
     Non-performing Assets 499.758 504.002 503.142 502.110   512.151 512.601 515.330 495.738  
     Gross Assets 4/ 3,615.158 3,684.768 3,697.898 3,816.332   3,951.997 4,030.798 4,073.377 4,188.957  
     Allowance for ROPOA 11.587 14.446 14.542 15.292   15.878 16.004 17.275 17.855  
     Distressed Assets 5/ 579.312 596.445 592.226 593.735   601.665 605.639 590.397 575.170  
                     
Ratios (in percent)                    
     LLR to TLP 7.4 7.4 7.0 7.1   7.0 7.1 7.0 7.3  
     Past Due Ratio 16.2 15.9 15.5 14.7   14.6 14.5 14.5 13.3  
     NPL Ratio (inclusive of IBL) 15.2 15.0 14.3 13.8   13.7 13.6 13.6 12.5  
     NPL Ratio (exclusive of IBL) 17.0 17.4 16.6 16.1   16.5 15.9 16.0 14.4  
     NPL Coverage Ratio 48.9 49.4 48.9 51.5   51.0 51.9 51.6 58.0  
     NPA Ratio 13.8 13.7 13.6 13.2   13.0 12.7 12.7 11.8  
     NPA Coverage Ratio 29.7 30.7 29.7 30.9   30.4 30.6 30.8 33.2  
     Distressed Asset Ratio 28.2 28.1 27.4 27.0   26.8 27.0 26.1 25.3  
                     
r/ Revised          
1/  As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351 dated 19 September 2002          
2/ Inclusive of Items In Litigation          
3/ Refers to Real and Other Properties Owned or Acquired, gross excluding performing sales contract receivables          
    as defined per BSP Circular No. 380  dated 28 March 2003          
4/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA          
5/ Refers to NPLs plus ROPOA, gross (inclusive of performing Sales Contract Receivables) and Restructured Loans, current. Effective 31 July 2004, Restructured Loans performing was used.
Note: Details may not add up to totals due to rounding-off          
Source: Supervisory Data Center, Supervision and Examination Sector          
Updated as of 29 December 2005