34   SELECTED ASSET QUALITY INDICATORS
	Commercial Banking System 1/
	as of end of periods indicated
	in billion pesos
	ACCOUNTS		Jan-07	Feb-07	Mar-07	Apr-07	May-07	Jun-07	Jul-07	Aug-07	Sep-07	Oct-07	Nov-07	Dec-07
	Levels
	TOTAL ASSETS		763.436	795.529	777.683	784.143	768.430	777.143	806.001	789.603	703.211	712.997	716.148	718.030
	GROSS ASSETS 2/		777.684	809.784	792.409	798.841	783.688	792.617	821.726	805.156	717.241	726.948	730.191	732.609
	TOTAL LOAN PORTFOLIO (TLP), GROSS		407.964	420.859	400.242	421.215	390.570	376.017	382.184	385.066	354.995	364.212	372.418	390.718
	LOAN LOSS RESERVES		13.736	13.736	14.080	14.084	14.623	14.710	14.962	14.788	13.437	13.356	13.448	13.956
	INTERBANK LOANS RECEIVABLES		103.297	114.341	103.516	105.712	104.128	89.516	106.189	97.685	108.111	101.122	119.785	109.750
	RESTRUCTURED LOANS(RL), GROSS		10.661	10.730	10.809	10.903	10.362	10.626	10.801	10.427	10.618	10.589	10.532	10.675
	RESTRUCTURED LOANS, CURRENT/PERFORMING		8.586	8.649	8.591	7.391	6.821	7.175	7.633	7.227	7.459	7.564	7.663	7.865
	NON-PERFORMING LOANS 3/		15.306	15.976	16.171	16.954	17.249	17.382	16.912	16.512	14.972	14.737	14.909	13.417
	ROPOA, GROSS		14.189	14.468	14.437	14.332	17.263	17.378	17.300	17.323	12.275	12.026	12.018	12.154
	ALLOWANCE FOR ROPOA		0.513	0.519	0.646	0.615	0.635	0.764	0.764	0.764	0.593	0.595	0.595	0.623
	NON-PERFORMING ASSETS (NPA) 4/		27.459	28.496	28.726	29.405	32.519	32.790	32.191	31.872	25.280	25.123	25.213	23.819
	ALLOWANCE ON NPA		14.061	14.666	14.726	14.699	15.258	15.474	15.725	15.553	14.030	13.951	14.043	14.579
	DISTRESSED ASSETS 5/		38.082	39.093	39.199	38.677	41.332	41.935	41.845	41.061	34.706	34.328	34.589	33.437
	ROPOA, GROSS (Net of Performing SCR)		12.152	12.520	12.555	12.451	15.270	15.408	15.279	15.360	10.308	10.386	10.304	10.401
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		2.037	1.949	1.882	1.882	1.993	1.970	2.020	1.963	1.967	1.640	1.714	1.753
	PAST DUE LOANS		19.832	19.104	19.321	20.468	20.318	20.865	20.074	19.643	17.667	17.749	18.019	16.483
	Annual Growth Rates
	TOTAL ASSETS		7.9	10.5	7.5	7.0	1.2	0.0	3.6	10.2	(0.2)	0.2	(3.67)	(3.00)
	GROSS ASSETS 2/		7.4	9.9	7.0	6.5	1.0	(0.2)	3.5	10.2	(0.2)	0.1	(3.63)	(2.89)
	TOTAL LOAN PORTFOLIO (TLP), GROSS		12.0	12.3	6.9	10.8	0.4	(3.3)	(5.0)	7.6	0.6	(3.1)	(5.72)	2.50
	LOAN LOSS RESERVES		(10.5)	(11.3)	(9.7)	(10.9)	(7.2)	(7.1)	0.3	8.4	(0.3)	(2.4)	(2.40)	1.78
	INTERBANK LOANS RECEIVABLES		33.7	36.7	21.2	22.1	17.7	(2.7)	12.1	5.4	6.5	(2.0)	31.61	8.99
	RESTRUCTURED LOANS(RL), GROSS		(11.2)	(9.9)	(10.8)	(12.2)	(16.3)	(17.1)	(14.3)	(3.0)	(1.7)	(1.4)	(0.75)	0.27
	RESTRUCTURED LOANS, CURRENT/PERFORMING		(8.0)	7.7	(8.4)	(24.2)	(27.0)	(27.2)	(20.1)	(6.2)	(5.3)	(5.1)	(3.29)	(2.88)
	NON-PERFORMING LOANS 3/		(19.1)	(13.4)	(10.1)	(5.4)	(4.5)	(0.8)	(2.3)	1.9	(5.7)	(11.8)	(10.90)	(13.32)
	ROPOA, GROSS		(15.0)	(13.7)	(14.7)	(16.1)	2.1	17.8	2.0	21.7	(13.5)	(15.4)	(16.64)	(13.43)
	ALLOWANCE FOR ROPOA		(61.2)	(60.7)	(51.1)	(52.0)	(17.2)	(39.3)	(35.9)	(2.0)	8.4	12.6	13.18	25.83
	NON-PERFORMING ASSETS (NPA) 4/		(17.4)	(13.3)	(11.8)	(10.0)	(0.9)	1.6	0.6	12.1	(10.0)	(12.6)	(13.07)	(13.05)
	ALLOWANCE ON NPA		(15.7)	(12.8)	(12.9)	(13.9)	(7.7)	(9.5)	(2.4)	7.8	0.1	(1.8)	(1.83)	2.62
	DISTRESSED ASSETS 5/		(15.3)	(9.6)	(11.5)	(13.6)	(6.7)	(5.5)	(4.5)	7.6	(8.6)	(11.8)	(11.48)	(11.11)
	ROPOA, GROSS (Net of Performing SCR)		(15.2)	(13.1)	(14.0)	(15.6)	3.5	192.8	3.9	25.6	15.6	15.6	(16.03)	(12.69)
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		(14.0)	(17.4)	(19.1)	(19.1)	(7.3)	(79.2)	(10.3)	(1.8)	1.2	1.2	(20.12)	(17.56)
	PAST DUE LOANS		(11.6)	(13.5)	(11.2)	(5.4)	(7.2)	(4.4)	(10.1)	4.6	(9.7)	(12.6)	(9.65)	(15.78)
	Selected Ratios  (%)
	Past Due Ratio		4.8	4.5	4.8	4.9	5.2	5.5	5.2	5.1	5.0	4.9	4.8	4.2
	RL to TLP		2.6	2.5	2.7	2.6	2.7	2.8	2.8	2.7	3.0	2.9	2.8	2.7
	LLR to TLP		3.4	3.3	3.5	3.3	3.7	3.9	3.9	3.8	3.8	3.7	3.6	3.6
	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
	NPL Coverage 6/		89.7	86.0	87.1	83.1	84.8	84.6	88.5	89.6	89.7	90.6	90.2	104.0
	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
	NPA Coverage 7/		51.2	51.5	51.3	50.0	46.9	47.2	48.9	48.8	55.5	55.5	55.7	61.2
	Distressed Assets 8/		9.0	9.0	9.5	8.9	10.1	10.7	10.5	10.2	9.4	9.1	9.0	8.3
	1/ Inclusive of other branches/subsidiaries of foreign banks
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPOA
	3/ As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351  dated 19 September 2002
	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