34   SELECTED ASSET QUALITY INDICATORS 1/
	Commercial Banking System 2/
	as of end 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
	Levels
	TOTAL ASSETS		707.379	719.888	723.392	732.678	759.540	777.121	777.650	716.383	704.364	711.903	743.427	740.205
	GROSS ASSETS 3/		724.055	736.701	740.306	749.759	776.065	794.220	793.761	730.812	718.385	726.110	757.731	754.412
	TOTAL LOAN PORTFOLIO (TLP), GROSS		364.270	374.867	374.351	380.005	389.132	389.033	402.157	357.991	352.829	375.957	395.019	381.171
	LOAN LOSS RESERVES		15.354	15.493	15.594	15.800	15.758	15.841	14.919	13.648	13.474	13.679	13.778	13.712
	INTERBANK LOANS RECEIVABLES		77.279	83.653	85.385	86.555	88.486	91.999	94.687	92.714	101.477	103.235	91.016	100.701
	RESTRUCTURED LOANS(RL), GROSS		12.010	11.907	12.117	12.424	12.373	12.811	12.604	10.754	10.807	10.739	10.612	10.646
	RESTRUCTURED LOANS, CURRENT/PERFORMING		9.337	8.029	9.377	9.751	9.343	9.851	9.554	7.707	7.880	7.973	7.923	8.098
	NON-PERFORMING LOANS		18.917	18.448	17.994	17.923	18.066	17.525	17.303	16.211	15.876	16.712	16.733	15.479
	ROPOA, GROSS		16.700	16.767	16.916	17.083	16.901	14.755	16.965	14.229	14.198	14.215	14.416	14.040
	ALLOWANCE FOR ROPOA		1.322	1.320	1.320	1.280	0.767	1.258	1.192	0.780	0.547	0.529	0.526	0.495
	NON-PERFORMING ASSETS (NPA) 4/		33.249	32.854	32.584	32.679	32.817	32.280	32.015	28.442	28.083	28.752	29.004	27.392
	ALLOWANCE ON NPA		16.676	16.813	16.914	17.080	16.525	17.099	16.111	14.428	14.021	14.208	14.304	14.207
	DISTRESSED ASSETS 5/		44.954	43.244	44.287	44.756	44.309	44.377	43.822	38.147	37.954	38.899	39.073	37.617
	ROPOA, GROSS (Net of Performing SCR)		14.331	14.406	14.590	14.756	14.751	5.262	14.711	12.231	11.660	12.040	12.271	11.913
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		2.369	2.361	2.325	2.326	2.150	9.492	2.253	1.998	2.538	2.175	2.146	2.126
	PAST DUE LOANS		22.444	22.086	21.765	21.643	21.886	21.832	22.319	18.783	19.563	20.299	19.944	19.572
	Annual Growth Rates
	TOTAL ASSETS		(4.6)	(9.3)	(12.3)	(10.0)	(7.2)	(3.5)	(0.7)	(3.4)	(2.2)	0.6	2.0	6.3
	GROSS ASSETS 3/		(5.1)	(9.4)	(13.2)	(10.1)	(7.4)	(3.6)	(1.1)	(4.0)	(2.9)	(0.1)	1.5	5.7
	TOTAL LOAN PORTFOLIO (TLP), GROSS		0.7	2.0	(29.5)	(3.1)	(1.3)	2.7	3.8	(6.4)	(1.5)	13.0	9.6	13.6
	LOAN LOSS RESERVES		(25.1)	(18.3)	(43.2)	(16.6)	(14.0)	(10.2)	(17.5)	(27.2)	(27.3)	(24.5)	(17.9)	(15.6)
	INTERBANK LOANS RECEIVABLES		4.7	3.0	1.9	13.2	20.0	41.5	14.4	19.6	48.3	69.5	40.9	65.6
	RESTRUCTURED LOANS(RL), GROSS		2.8	(2.4)	(5.3)	(2.8)	(9.7)	(3.9)	(8.9)	(22.6)	(17.6)	(21.8)	(9.9)	4.8
	RESTRUCTURED LOANS, CURRENT/PERFORMING		27.6	0.3	14.8	20.7	2.3	4.6	1.2	(18.9)	(17.8)	(13.9)	5.5	6.4
	NON-PERFORMING LOANS		(41.5)	(26.3)	(52.9)	(33.0)	(33.7)	(34.0)	(34.2)	(39.6)	(40.1)	(37.0)	(36.9)	(18.0)
	ROPOA, GROSS		(40.9)	(26.4)	(25.5)	(23.7)	(24.0)	(33.4)	(23.9)	(34.9)	(35.3)	(36.2)	(17.6)	(16.2)
	ALLOWANCE FOR ROPOA		20.8	23.5	34.5	32.0	(16.9)	20.7	17.9	(23.0)	(46.9)	(56.4)	(48.5)	(63.5)
	NON-PERFORMING ASSETS (NPA) 4/		(43.8)	(29.1)	(45.2)	(31.3)	(31.5)	(50.2)	(31.8)	(39.5)	(39.6)	(38.8)	(30.3)	(17.6)
	ALLOWANCE ON NPA		(22.7)	(16.1)	(40.5)	(14.3)	(14.1)	(8.5)	(15.6)	(26.9)	(28.3)	(26.5)	(19.7)	(19.3)
	DISTRESSED ASSETS 5/		(33.8)	(22.5)	(35.9)	(21.8)	(24.4)	(27.5)	(24.5)	(34.5)	(34.6)	(33.0)	(24.2)	(13.0)
	ROPOA, GROSS (Net of Performing SCR)		(46.5)	(32.4)	(31.2)	(29.1)	(28.6)	(71.3)	(28.7)	(39.4)	(39.0)	(41.1)	(18.6)	(17.0)
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		65.6	61.4	58.1	47.4	36.8	413.1	36.6	18.4	3.1	17.8	(11.6)	(11.2)
	PAST DUE LOANS		(41.8)	(29.5)	(33.9)	(35.4)	(36.0)	(36.1)	(94.0)	(94.8)	(41.1)	(93.5)	(94.2)	(15.1)
	Selected Ratios  (%)
	Past Due Ratio		6.1	5.9	5.8	5.7	5.6	5.6	5.5	5.2	5.5	5.4	5.0	5.1
	RL to TLP		3.3	3.2	3.2	3.3	3.2	3.3	3.1	3.0	3.1	2.8	2.7	2.8
	LLR to TLP		4.2	4.1	4.2	4.2	4.0	4.1	3.7	3.8	3.8	3.6	3.5	3.6
	NPL Ratio (inclusive of IBL)		5.2	4.9	4.8	4.7	4.6	4.5	4.3	4.5	4.5	4.4	4.2	4.1
	NPL Ratio (exclusive of IBL)		6.6	6.3	6.2	6.1	6.0	5.9	5.6	6.1	6.3	6.1	5.5	5.5
	NPL Coverage 6/		81.2	84.0	86.7	88.2	87.2	90.4	86.2	84.2	84.9	81.9	82.3	88.6
	NPA to Gross Assets		4.6	4.5	4.4	4.4	4.2	4.1	4.0	3.9	3.9	4.0	3.8	3.6
	NPA Coverage 7/		50.2	51.2	51.9	52.3	50.4	53.0	50.3	50.7	49.9	49.4	49.3	51.9
	Distressed Assets 8/		11.8	11.0	11.3	11.3	10.9	11.0	10.5	10.2	10.3	10.0	9.5	9.5
	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 other branches/subsidiaries of foreign banks
	3/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
	4/ Refers to NPLs plus ROPOA as defined per BSP Circular No. 351 and 380, respectively
	5/ Refers to NPLs plus ROPOA, gross and Restructured Loans, performing.
	6/ Refers to the ratio of LLR to NPLs
	7/ Refers to the ratio of valuation reserves (for Loans and ROPOA) to NPAs
	8/ Refers to the ratio of Distressed Assets to TLP plus ROPOA, gross
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector
	Updated as of 1April 2008