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FCDU Deposit Liabilities of KBs as of November 2003

12.04.2003

BSP Governor Rafael B. Buenaventura stated that the level of FCDU deposit liabilities of Commercial Banks as of November 21, 2003 amounted to $12.701 B or higher by $41.69M or 33% over the week ago level of $12.601B.  Deposits from residents accounted for 95.72% thereof.  The year ago level was $12.02 billion.

The steady growth of FCDU level of deposits of banks is reflective of the continuing confidence of the depositors in the banking system, the BSP Governor said.

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