COMMERCIAL BANKS
SELECTED INDICATORS ON REAL ESTATE LOAN EXPOSURES
As of Periods Indicated
                         
    September 30, 2001   June 30, 2002   September 30, 2002
  Bank Trust Bank Trust Bank Trust  
Levels (In Million Pesos) Proper Dept. Combined Proper Dept. Combined Proper Dept. Combined
   
REL (w/ infra)        178,479          11,476        189,955          172,606          10,968        183,575          170,927          10,373        181,300
REL (w/o infra)        158,532          11,476        170,008        154,051          10,968        165,019        152,005          10,373        162,378
Past Due REL (w/  infra)          47,725            2,494          50,219          48,321            2,179          50,500          43,715            2,186          45,901
Past Due REL (w/o  infra)          45,916            2,494          48,411          46,191            2,179          48,370          41,696            2,186          43,882
REL (w/ infra) + CPs        179,713          14,534        194,247        174,505          12,319        186,825        171,867          11,883        183,750
REL (w/o infra) + CPs        159,766          14,534        174,300        155,950          12,319        168,269        152,945          11,883        164,828
REL (w/ infra) + CPs +  Equity investments        182,186          18,019        200,205        176,777          18,767        195,544        175,223          17,867        193,090
REL (w/o  infra) + CPs +  Equity investments        162,239          18,019        180,258        158,222          18,767        176,989        156,301          17,867        174,168
TOL (w/  IBL)     1,572,600          72,694     1,645,294     1,600,126          60,219     1,660,346     1,634,601          61,460     1,696,061
TOL (w/o  IBL)     1,402,844          72,694     1,475,538     1,387,014          60,219     1,447,233     1,428,298          61,460     1,489,758
Construction of Infrastructure (Infra.) Projects          19,947                 -            19,947          18,556                 -            18,556          18,922                 -            18,922
Commercial Papers (CPs)            1,234            3,058            4,292            1,899            1,351            3,250               940            1,510            2,450
Equity Investments            2,473            3,485            5,958            2,272            6,448            8,720            3,356            5,984            9,340
   
Ratios (%)  
   
REL(w/ infra)/TOL (w/  IBL) 11.3 15.8 11.5 10.8 18.2 11.1 10.5 16.9 10.7
REL(w/o infra)/TOL (w/o IBL) 11.3 15.8 11.5 11.1 18.2 11.4 10.6 16.9 10.9
PDREL(w/  infra)/REL(w/  infra) 26.7 21.7 26.4 28.0 19.9 27.5 25.6 21.1 25.3
PDREL(w/  infra)/TOL (w/ IBL) 3.0 3.4 3.1 3.0 3.6 3.0 2.7 3.6 2.7
PDREL(w/o Infra)/REL(w/o infra) 29.0 21.7 28.5 30.0 19.9 29.3 27.4 21.1 27.0
PDREL(w/o  infra)/TOL (w/o IBL) 3.3 3.4 3.3 3.3 3.6 3.3 2.9 3.6 2.9
REL(w/ infra) + CPs/TOL (w/  IBL) 11.4 20.0 11.8 10.9 20.5 11.3 10.5 19.3 10.8
REL(w/o infra) + CPs/TOL (w/o IBL) 11.4 20.0 11.8 11.2 20.5 11.6 10.7 19.3 11.1
REL(w/ infra) + CPs + Equity Inv./TOL (w/  IBL) 11.6 24.8 12.2 11.0 31.2 11.8 10.7 29.1 11.4
REL(w/o  infra) + CPs + Equity Inv./TOL (w/o  IBL) 11.6 24.8 12.2   11.4 31.2 12.2   10.9 29.1 11.7