COMMERCIAL BANKS
SELECTED INDICATORS ON REAL ESTATE LOAN EXPOSURES
As of Periods Indicated
                     
  December 31, 2001 September 30, 2002 December 31, 2002
  Bank Trust Bank Trust Bank Trust  
Levels (In Million Pesos) Proper Dept. Combined Proper Dept. Combined Proper Dept. Combined
   
REL (w/ infra)     175,668       11,371     187,039     170,927       10,373     181,300     170,677         8,559     179,236
REL (w/o infra)     160,410       11,371     171,781     152,005       10,373     162,378     153,006         8,559     161,566
Past Due REL (w/  infra)       44,917         2,332       47,248       43,715         2,186       45,901       41,342         1,780       43,122
Past Due REL (w/o  infra)       43,068         2,332       45,400       41,696         2,186       43,882       39,875         1,780       41,655
REL (w/ infra) + CPs     177,117       13,030     190,147     171,867       11,883     183,750     171,586         9,934     181,520
REL (w/o infra) + CPs     161,859       13,030     174,889     152,945       11,883     164,828     153,915         9,934     163,850
REL (w/ infra) + CPs +  Equity investments     180,523       17,621     198,143     175,223       17,867     193,090     174,993       14,866     189,859
REL (w/o  infra) + CPs +  Equity investments     165,265       17,621     182,887     156,301       17,867     174,168     157,322       14,866     172,189
TOL (w/  IBL)  1,625,052       68,299  1,693,351  1,634,601       61,460  1,696,061  1,655,146       60,599  1,715,744
TOL (w/o  IBL)  1,423,813       68,299  1,492,112  1,428,298       61,460  1,489,758  1,446,092       60,599  1,506,691
Construction of Infrastructure (Infra.) Projects       15,258               -         15,258       18,922               -         18,922       17,671               -         17,671
Commercial Papers (CPs)         1,449         1,659         3,108            940         1,510         2,450            909         1,375         2,284
Equity Investments         3,406         4,591         7,997         3,356         5,984         9,340         3,407         4,932         8,339
   
Ratios (%)  
   
REL(w/ infra)/TOL (w/  IBL) 10.8 16.6 11.0 10.5 16.9 10.7 10.3 14.1 10.4
REL(w/o infra)/TOL (w/o IBL) 11.3 16.6 11.5 10.6 16.9 10.9 10.6 14.1 10.7
PDREL(w/  infra)/REL(w/  infra) 25.6 20.5 25.3 25.6 21.1 25.3 24.2 20.8 24.1
PDREL(w/  infra)/TOL (w/ IBL) 2.8 3.4 2.8 2.7 3.6 2.7 2.5 2.9 2.5
PDREL(w/o Infra)/REL(w/o infra) 26.8 20.5 26.4 27.4 21.1 27.0 26.1 20.8 25.8
PDREL(w/o  infra)/TOL (w/o IBL) 3.0 3.4 3.0 2.9 3.6 2.9 2.8 2.9 2.8
REL(w/ infra) + CPs/TOL (w/  IBL) 10.9 19.1 11.2 10.5 19.3 10.8 10.4 16.4 10.6
REL(w/o infra) + CPs/TOL (w/o IBL) 11.4 19.1 11.7 10.7 19.3 11.1 10.6 16.4 10.9
REL(w/ infra) + CPs + Equity Inv./TOL (w/  IBL) 11.1 25.8 11.7 10.7 29.1 11.4 10.6 24.5 11.1
REL(w/o  infra) + CPs + Equity Inv./TOL (w/o  IBL) 11.6 25.8 12.3 10.9 29.1 11.7 10.9 24.5 11.4