23  OUTSTANDING LOANS (classified by economic activity)
            Universal Banking System                         
            as of periods indicated                        
            in billion pesos                        
 ACCOUNTS Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06
CLASSIFIED BY ECONOMIC ACTIVITY                        
A. LEVELS                        
     Agriculture, Hunting & Forestry        79.44        78.54             77.63          82.641      80.696      78.649      77.674      76.770      76.227      76.403      78.963      80.830
     Fishery          5.59          5.37               5.33            5.368        5.257        5.342        5.310        5.460        5.486        5.525        5.697        5.547
     Mining and Quarrying          8.34          9.22               9.04            9.540        9.346        8.303        8.365        8.192        8.239        8.787        8.012        7.544
     Manufacturing      321.42      314.88           312.62        320.099    313.974    324.932    321.844    332.187    320.835    336.590    330.803    322.495
     Electricity, Gas & Water        59.48        64.17             61.62          63.765      65.803      64.965      65.000      68.911      63.325      64.917      71.732      68.351
     Construction        20.68        20.22             20.03          19.347      19.533      19.128      19.132      19.562      19.997      20.015      21.155      20.726
     Wholesale & Retail Trade, Repair of Motor Vehicles      172.19      172.43           162.70        161.670    170.330    171.430    171.915    172.945    169.510    180.705    182.035    198.273
     Transportation, Storage & Communication        60.38        59.32             57.97          57.945      59.004      58.625      59.092      59.852      57.017      58.742      61.751      63.859
     Financial Intermediation (inclusive of IBL)      476.26      474.19           488.04        428.912    468.071    426.454    418.639    453.277    493.630    495.629    506.484    558.354
     Real Estate, Renting & Business Activities      168.42      170.35           172.75        175.059    176.604    183.458    181.194    186.249    186.689    186.821    188.390    186.748
     Public Adm. & Defense: Compulsory Social Securities        28.27        30.29             28.58          28.601      30.565      33.881      40.671      33.529      37.128      31.955      33.352      36.000
     Education          9.11          9.25               9.54            9.499        9.430        9.411        9.369        9.128        8.988        9.413        8.931        8.591
     Health and Social Work          5.31          5.28               5.07            5.132        4.907        4.646        5.214        5.267        5.484        5.473        5.472        5.458
     Other Community, Social & Personal Serv. Act.        80.64        80.77             75.58          76.288      74.436      72.414      75.799      74.965      70.770      81.023      81.608      82.077
     Private Households w/ Employed Persons        45.56        45.85             46.70          47.901      49.914      50.574      51.313      52.169      53.378      55.597      54.227      55.856
     Others          9.78          9.57               9.39            8.974        8.606        8.423        9.069      10.196      10.209      10.498      10.801      10.850
     GRAND TOTAL 1,550.863 1,549.677 1,542.590 1,500.741 1,546.476 1,520.634 1,519.600 1,568.660 1,586.911 1,628.091 1,649.412 1,711.558
                           
B. PERCENTAGE DISTRIBUTION                        
     Agriculture, Hunting & Forestry          4.33          5.07               5.03              5.51          5.22          5.17          5.11          4.89          4.80          4.69          4.79          4.72
     Fishery          0.30          0.35               0.35              0.36          0.34          0.35          0.35          0.35          0.35          0.34          0.35          0.32
     Mining and Quarrying          0.05          0.59               0.59              0.64          0.60          0.55          0.55          0.52          0.52          0.54          0.49          0.44
     Manufacturing          7.10        20.32             20.27            21.33        20.30        21.37        21.18        21.18        20.22        20.67        20.06        18.84
     Electricity, Gas & Water          0.41          4.14               3.99              4.25          4.26          4.27          4.28          4.39          3.99          3.99          4.35          3.99
     Construction          3.03          1.30               1.30              1.29          1.26          1.26          1.26          1.25          1.26          1.23          1.28          1.21
     Wholesale & Retail Trade, Repair of Motor Vehicles        13.17        11.13             10.55            10.77        11.01        11.27        11.31        11.03        10.68        11.10        11.04        11.58
     Transportation, Storage & Communication          2.65          3.83               3.76              3.86          3.82          3.86          3.89          3.82          3.59          3.61          3.74          3.73
     Financial Intermediation (inclusive of IBL)        10.66        30.60             31.64            28.58        30.27        28.04        27.55        28.90        31.11        30.44        30.71        32.62
     Real Estate, Renting & Business Activities        25.94        10.99             11.20            11.66        11.42        12.06        11.92        11.87        11.76        11.47        11.42        10.91
     Public Adm. & Defense: Compulsory Social Securities          0.30          1.95               1.85              1.91          1.98          2.23          2.68          2.14          2.34          1.96          2.02          2.10
     Education          0.95          0.60               0.62              0.63          0.61          0.62          0.62          0.58          0.57          0.58          0.54          0.50
     Health and Social Work          1.53          0.34               0.33              0.34          0.32          0.31          0.34          0.34          0.35          0.34          0.33          0.32
     Other Community, Social & Personal Serv. Act.        11.39          5.21               4.90              5.08          4.81          4.76          4.99          4.78          4.46          4.98          4.95          4.80
     Private Households w/ Employed Persons        17.01          2.96               3.03              3.19          3.23          3.33          3.38          3.33          3.36          3.41          3.29          3.26
     Others          1.18          0.62               0.61              0.60          0.56          0.55          0.60          0.65          0.64          0.64          0.65          0.63
     GRAND TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
                           
C. ANNUAL GROWTH RATES                        
     Agriculture, Hunting & Forestry        12.28        11.42              (1.11)            12.53          7.39          0.55        (0.39)        (0.03)        (3.76)        (5.62)        (3.26)          0.53
     Fishery      (14.92)        (0.50)              (1.19)            (2.06)        (4.18)        (2.81)        (8.00)        (1.08)        (1.21)        (1.34)          4.31        (1.00)
     Mining and Quarrying      (21.23)        (6.49)              (5.88)            (2.03)        (4.90)        (8.51)        (5.88)          8.46        11.09        11.23        (2.16)      (15.85)
     Manufacturing        (2.07)        (2.94)               0.60              6.30        (4.50)        (1.54)          0.50          1.46        (0.74)          3.29        (2.47)        (2.27)
     Electricity, Gas & Water        (0.33)          1.49              (5.26)            (1.05)        (3.05)        (6.93)        (7.81)          2.69        (5.72)        (0.24)          7.83          6.82
     Construction        52.45      (33.52)            (34.35)          (38.97)      (32.89)      (18.40)      (19.86)      (14.29)      (10.69)        (8.06)        (5.69)        (5.31)
     Wholesale & Retail Trade, Repair of Motor Vehicles        23.03        (2.40)              (7.62)          (13.63)        (4.58)        (6.01)        (2.02)        (2.88)          0.39          4.88          1.84        12.97
     Transportation, Storage & Communication          2.65        (8.51)            (15.72)          (17.52)      (12.04)      (13.51)      (11.87)      (12.90)        (1.33)        (7.62)          0.30          5.67
     Financial Intermediation (inclusive of IBL)        59.50        28.42             28.19            21.68        22.22        (0.54)        14.92        19.39        30.97        31.61        19.47        21.74
     Real Estate, Renting & Business Activities        (0.98)          3.92               6.45              7.74          9.19        13.10          6.15          7.70          3.26          9.54        12.72          9.56
     Public Adm. & Defense: Compulsory Social Securities      146.95        (5.93)            (10.37)          (12.95)        (9.17)          5.74        25.63        32.36        39.73        18.07        23.97        31.20
     Education        15.73          5.51               5.50              6.36        17.05          6.27          4.16        14.43        14.31        17.57        13.20          1.27
     Health and Social Work        29.68      (16.88)            (21.02)          (22.87)      (17.03)      (28.29)      (19.19)      (16.98)      (11.07)          8.08          9.65          8.49
     Other Community, Social & Personal Serv. Act.          0.27      (10.63)              (4.98)            (4.90)        (5.98)      (12.98)        (6.40)      (11.91)      (15.82)        (2.85)        (5.84)          1.20
     Private Households w/ Employed Persons        33.77        54.27    132,545.55   307,591.40        57.10        62.11        56.25        53.26        47.38        47.12        41.02        38.12
     Others        27.31      (31.23)            (78.63)          (80.19)      (38.34)      (22.50)      (16.50)          4.20          5.41          2.89          4.57          6.38
     GRAND TOTAL 14.67 6.16 5.76 4.78 4.56 (0.60) 4.28 6.34 8.70 11.38 7.80 10.53