33  SELECTED PERFORMANCE RATIOS                        
          Commercial Banking System 1/                        
          for the periods indicated                        
          in percent                        
               
Jan-07 Feb-07 Mar-07 Apr-07 May-07 Jun-07 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07
 
Annual Growth Rates 
   Balance Sheet
       Total Assets 2/ 7.9 10.5 7.5 7.0 1.2 0.0 3.6 10.2 (0.2) 0.2 (3.7) (3.0)
          Cash and Due From Banks 59.1 58.1 57.3 49.8 62.2 57.9 84.0 92.1 40.0 34.8 16.0 (8.4)
          Interbank Loans Receivable 33.7 36.7 21.2 22.1 17.7 (2.7) 12.1 5.4 6.5 (2.0) 31.6 9.0
          Loans, gross (exclusive of IBL) 11.7 12.0 6.6 10.6 0.0 (3.7) (5.3) 7.5 0.3 (3.4) (5.9) 2.3
             Allowance for Probable Losses (14.5) (14.6) (15.5) (15.2) (14.5) (14.3) (9.0) 5.7 (7.0) (8.8) (7.0) (4.7)
          Loans, net (exclusive of IBL) 13.0 13.3 7.6 11.8 0.7 (3.2) (5.2) 7.5 0.6 (3.2) (5.8) 2.5
          Investments, net (13.9) (2.2) (0.4) (9.7) (15.3) (13.2) (6.0) (10.8) (15.2) (8.6) (10.4) (13.1)
          ROPOA, net (11.1) (9.7) (11.6) (13.2) 3.1 5.5 4.8 23.1 (14.4) (16.5) (17.8) (14.9)
          Other Assets 3/ (7.5) (12.5) (19.8) (16.2) (13.4) (9.7) (7.2) (7.8) (10.3) (0.2) 2.1 8.4
       Total Liabilities 9.3 12.2 10.7 10.4 1.3 (0.1) 4.4 13.2 1.5 2.0 (2.0) (1.9)
          Deposits 16.0 19.9 15.5 18.8 6.1 5.7 6.9 15.0 1.3 (0.8) (4.2) (3.5)
          Bills Payable (7.6) (6.9) (6.1) (18.8) (26.3) (31.9) (22.2) 5.5 19.7 23.5 13.0 (4.5)
          Special Financing 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
          Unsecured Subordinated Debt 189.3 189.3 63.0 39.6 39.6 39.7 39.7 189.5 190.2 9.7 0.2 0.3
          Other Liabilities (17.1) (16.8) (4.8) (13.3) (4.5) (7.3) 13.0 3.1 (16.9) 1.8 (0.9) 12.9
       Total Capital Accounts 4/ 0.5 1.0 (8.3) (10.2) 0.4 0.7 (1.0) (5.7) (9.2) (9.7) (13.0) (8.7)
   Income Statement   
       Total Operating Income (5.7) (0.7) (2.7) (2.7)
           Net Interest Income 10.8 3.4 2.4 (0.1)
           Non-Interest Income (26.8) (8.2) (11.4) (6.8)
       Operating Expenses (7.9) 0.6 11.4 1.0
          Bad Debts / Provisions for Probable Losses (99.3) (98.2) (97.1) (96.1)
          Other Operating Expenses (10.4) (5.1) 5.9 (2.2)
       Net Operating Income (1.5) (3.3) (25.0) (9.4)
       Extraordinary Credits/(Charges) (70.0) 26.5 47.7 (10.0)
       Net Income After Tax (NIAT) (10.2) (5.5) (26.3) (13.4)
Key Financial Ratios
      NPL Ratio (inclusive of IBL) 3.8 3.8 4.0 4.0 4.4 4.6 4.4 4.3 4.2 4.0 4.0 3.4
       NPL Ratio (exclusive of IBL) 5.0 5.2 5.4 5.4 6.0 6.1 6.1 5.7 6.1 5.6 5.9 4.8
       NPA to Gross Assets  3.5 3.5 3.6 3.7 4.1 4.1 3.9 4.0 3.5 3.5 3.5 3.3
       Cash and Due from Banks to Deposits 23.4 21.7 23.4 22.8 24.1 25.0 26.6 27.1 26.7 26.5 25.8 21.4
       Liquid Assets to Deposits 54.8 55.4 58.7 53.8 57.7 61.2 63.1 60.4 60.7 60.1 59.1 52.8
       Loans, gross to Deposits 78.8 77.0 75.8 77.0 74.2 70.0 68.9 69.5 75.2 77.8 79.6 81.3
       Earning Asset Yield * 5/ 9.2 8.7 9.5 8.7
       Funding Cost * 6/ 4.7 4.4 4.6 4.0
       Interest Spread * 7/ 4.5 4.4 5.0 4.7
       Net Interest Margin * 8/ 4.6 4.4 4.9 4.6
       Net Interest Income to Total Operating Income  63.3 62.1 63.0 62.4
       Cost to Income Ratio * 9/ 56.2 55.7 60.5 57.4
       Return on Assets  1.6 1.5 1.4 1.5
       Return on Equity  10.3 10.3 9.1 9.6
       Capital Adequacy Ratio (CAR) 10/  
            Solo Basis 26.8 28.1 20.8 21.0
            Consolidated Basis 27.8 28.1 20.5 21.0
       Total Capital Accounts to Total Assets 14.7 14.0 14.1 13.9 15.1 14.9 13.9 13.4 14.5 14.5 14.1 14.7
 
 
* Annualized
1/ Inclusive of other branches/subsidiaries of foreign banks
2/ Adjusted to net off the account "Due from Head Office" with "Due to Head office" of branches of foreign banks
3/ Inclusive of Fixed Assets
4/ Inclusive of the portion of the Net Due To/From Head Office which qualified as capital
5/ Refers to the ratio of Interest Income to Average Earning Assets
6/ Refers to the ratio of Interest Expenses to Average Interest-Bearing Liabilities
7/ Refers to the difference between Earning Asset Yield and Funding Cost
8/ Refers to the ratio of Net Interest Income to Average Earning Assets
9/ Refers to the ratio of Operating Expenses (exclusive of Bad Debts and Provisions) to Total Operating Income
10/ Based on the new framework provided for under Circular No. 280 dated 29 March 2001 which was formally adopted starting 1 July 2001
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