63   SELECTED ASSET QUALITY INDICATORS 1/
	A. MICROFINANCE BANKS
	as of end of periods indicated
	in billion pesos
			TOTAL MICROFINANCE BANKS					MICROFINANCE-ORIENTED BANKS					BANKS ENGAGED IN MF OPERATIONS
			Mar'07	Jun'07	Sept '07	Dec '07		Mar'07	Jun'07	Sept '07	Dec '07		Mar'07	Jun'07	Sept '07	Dec '07
	Levels
	TOTAL ASSETS		131.184	139.202	157.291	159.267		1.195	1.303	1.381	1.742		129.989	137.899	155.910	157.525
	GROSS ASSETS 2/		135.240	142.236	160.267	162.134		1.228	1.341	1.416	1.769		134.012	140.895	158.850	160.366
	TOTAL LOAN PORTFOLIO (TLP), GROSS		109.660	81.405	108.398	111.096		0.706	0.753	0.853	1.153		108.955	80.653	107.545	109.942
	Total Loan Portfolio (TLP), gross (exclusive of IBL)		98.439	75.308	75.884	87.308		0.706	0.753	0.853	1.153		97.733	74.555	75.031	86.155
	LOAN LOSS RESERVES		3.693	2.599	2.544	2.506		0.034	0.037	0.035	0.027		3.660	2.561	2.509	2.479
	INTERBANK LOANS RECEIVABLES		11.222	6.097	32.514	23.788		0.000	0.000	0.000	0.000		11.222	6.097	32.514	23.788
	RESTRUCTURED LOANS(RL), GROSS		1.963	2.001	1.975	1.852		0.005	0.004	0.002	0.006		1.959	1.997	1.973	1.846
	RESTRUCTURED LOANS, CURRENT/PERFORMING		1.413	1.430	1.356	1.336		0.003	0.003	0.001	0.005		1.410	1.427	1.355	1.331
	NON-PERFORMING LOANS		9.825	7.535	7.517	7.605		0.052	0.048	0.049	0.068		9.773	7.486	7.468	7.537
	ROPA, GROSS		12.796	13.414	13.884	13.307		0.015	0.023	0.024	0.038		12.781	13.391	13.860	13.269
	ALLOWANCE FOR ROPA		0.363	0.435	0.432	0.362		0.000	0.000	0.000	0.000		0.363	0.435	0.432	0.362
	NON-PERFORMING ASSETS (NPA)3/		22.621	20.949	21.401	20.911		0.067	0.071	0.074	0.106		22.554	20.878	21.327	20.805
	ALLOWANCE ON NPA		4.057	3.034	2.976	2.867		0.034	0.037	0.035	0.027		4.023	2.997	2.941	2.841
	DISTRESSED ASSETS 4/		24.491	22.841	23.281	22.657		0.071	0.074	0.075	0.111		24.421	22.766	23.206	22.546
	ROPA, GROSS (Net of Performing SCR)		12.796	13.414	13.884	13.307		0.015	0.023	0.024	0.038		12.781	13.391	13.860	13.269
	PERFORMING SALES CONTRACT RECEIVABLES (SCR)		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000		0.000	0.000	0.000	0.000
	PAST DUE LOANS		4.042	4.439	4.331	4.053		0.037	0.033	0.045	0.046		4.006	4.406	4.286	4.006
	Ratios (in percent)
	Past Due Ratio		5.1	5.4	4.1	3.9		5.2	4.3	5.0	4.0		5.1	5.4	4.1	3.9
	RL to TLP		2.5	2.4	1.9	1.8		0.6	0.6	0.2	0.5		2.5	2.5	1.9	1.8
	LLR to TLP		3.4	3.2	2.3	2.3		4.8	5.0	4.1	2.3		3.4	3.2	2.3	2.3
	NPL Ratio (exclusive of IBL)		10.0	10.0	9.9	8.7		7.4	6.4	5.8	5.9		10.0	10.0	10.0	8.7
	NPL Ratio (inclusive of IBL)		9.0	9.3	6.9	6.8		7.4	6.4	5.8	5.9		9.0	9.3	6.9	6.9
	NPL Coverage 5/		37.6	34.5	33.8	32.9		65.3	77.6	70.9	39.4		37.4	34.2	33.6	32.9
	NPA to Gross Assets		16.7	14.7	13.4	12.9		5.5	5.3	5.2	6.0		16.8	14.8	13.4	13.0
	NPA Coverage 6/		17.9	14.5	13.9	13.7		50.3	52.6	47.5	25.3		17.8	14.4	13.8	13.7
	Distressed Assets Ratio 7/		20.0	24.1	19.0	18.2		9.8	9.6	8.5	9.3		20.1	24.2	19.1	18.3
	r/ Revised
	p/ Preliminary
	1/ As defined per BSP Circular No. 202 dated 27 May 1999 amended by BSP Circular No. 351 dated 19 September 2002
	2/ Refers to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPA
	3/ Refers to NPLs plus ROPA as defined per BSP Circular No. 351 and 380, respectively
	4/ Refers to NPLs plus ROPA, gross and Restructured Loans, performing.
	5/ Refers to the ratio of LLR to NPLs
	6/ Refers to the ratio of valuation reserves (for Loans and ROPA) to NPAs
	7/ Refers to the ratio of Distressed Assets to TLP plus ROPA, gross
	Note: Details may not add up to totals due to rounding-off
	Source : Supervisory Data Center, Supervision and Examination Sector