LOANS OUTSTANDING OF COMMERCIAL BANKS 1                                
  as of dates indicated                                                  
  in million  pesos                                                  
                                                     
                  2002 2002   2003    
    1996 1997 1998 2000 2001 2002   Aug Sep Oct Nov Dec   Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov  
                                                     
  A.  Classified by Economic Activity                                                  
         1.  Agriculture, Fisheries & Forestry 63433.9 70705.2 62930.1 62101.3 56822.9 72427.6   45437.2 70568.4 69548.8 72156.8 72427.6   70897.9 70511.4 72462.5 75928.2 77240.6 77547.7 77534.2 76586.7 77308.7 77609.6 78007.1  
         2.  Mining and Quarrying 9529.3 16231.3 20047.7 21165.6 19889.9 14447.6   14384.4 15522.7 16502.1 14559.6 14447.6   14246.8 14315.4 13838.7 14080.9 14451.2 14760.2 14419.9 14049.7 14411.4 13791.5 14279.0  
         3.  Manufacturing 361555.9 424255.4 357455.0 404223.6 372906.0 379404.9   366560.6 336708.8 351521.9 357027.5 379404.9   384136.6 389855.8 380167.2 384315.5 377987.7 375040.8 370739.5 359057.7 361136.2 355030.2 365796.8  
         4.  Electricity, Gas & Water 31368.9 42023.8 47284.0 75398.3 70358.7 71372.0   64201.5 71622.6 69847.5 69206.7 71372.0   71005.1 73233.5 73858.6 69978.4 71864.7 69194.3 67383.6 69133.2 70303.3 68643.2 68009.9  
         5.  Construction 43132.1 51589.7 54972.2 46948.8 42150.8 35390.3   37405.0 39768.4 36320.8 35904.7 35390.3   34212.0 33726.8 35281.9 34364.6 33896.3 34943.7 34512.4 34045.0 35640.3 36559.0 37062.9  
         6.  Wholesale & Retail Trade 180281.4 230765.0 210190.5 201233.2 210306.2 206215.9   197253.2 202823.1 206655.0 205062.8 206215.9   203419.6 205329.8 216299.5 209488.1 197641.4 201924.0 199539.6 200092.4 201815.8 201128.1 203871.4  
         7.  Transportation, Storage & Communication 68556.7 101252.9 98636.0 99653.3 83067.7 71947.4   72915.4 72828.6 72605.3 74075.1 71947.4   70393.0 71464.2 70315.5 72121.8 71605.5 73835.1 72604.2 72598.3 73636.4 76841.3 75712.3  
         8.  Fin. Inst., Real Estate & Bus. Services 244422.1 348476.6 347339.3 386796.7 359199.0 380738.6   384910.8 400967.8 387991.8 398386.7 380738.6   394482.9 400369.7 396278.6 395879.1 418409.5 386813.4 389078.2 382457.3 412151.8 382163.9 411927.4  
         9.  Community, Social & Personal Services 117984.2 131485.0 149336.2 153983.4 184534.4 200718.6   192969.4 203947.4 208306.4 201708.7 200718.6   199151.6 204977.7 198586.4 203765.9 199770.0 209459.3 208923.6 220798.1 223507.5 218237.2 234138.3  
                                                     
  TOTAL  1120264.5 1416784.9 1348191.0 1451504.2 1399235.6 1432662.9   1376037.5 1414757.8 1419299.6 1428088.6 1432662.9   1441945.5 1463784.3 1457088.9 1459922.5 1462866.9 1443518.5 1434735.2 1428818.4 1469911.4 1430004.0 1488805.1  
                                                     
  B.  Growth Rate (%) (Annual)                                                  
         1.  Agriculture, Fisheries & Forestry 6.4 11.5 -11.0 5.5 -8.5 27.5   -17.9 26.5 22.2 27.1 27.5   27.7 26.0 40.3 55.1 65.2 64.1 69.5 68.6 9.6 11.6 8.1  
         2.  Mining and Quarrying 9.4 70.3 23.5 28.5 -6.0 -27.4   -26.8 -21.0 -13.5 -29.3 -27.4   -27.4 -25.8 -22.3 -12.6 -14.5 -11.2 -9.6 -2.3 -7.2 -16.4 -1.9  
         3.  Manufacturing 42.5 17.3 -15.7 5.7 -7.7 1.7   -3.9 -13.8 -8.8 -7.1 1.7   7.7 10.1 7.3 3.2 0.1 3.4 1.7 -2.0 7.3 1.0 2.5  
         4.  Electricity, Gas & Water 90.6 34.0 12.5 41.5 -6.7 1.4   -12.5 -0.1 -4.0 0.9 1.4   0.5 3.7 12.0 2.1 9.7 6.0 4.1 7.7 -1.8 -1.7 -1.7  
         5.  Construction 74.2 19.6 6.6 -12.1 -10.2 -16.0   -11.7 -9.6 -15.9 -16.4 -16.0   -17.8 -20.2 -17.0 -18.7 -19.1 -13.1 -11.4 -9.0 -10.4 0.7 3.2  
         6.  Wholesale & Retail Trade 38.1 28.0 -8.9 -1.0 4.5 -1.9   -7.2 -0.3 0.6 0.2 -1.9   1.9 5.0 13.3 7.6 2.7 4.3 2.5 1.4 -0.5 -2.7 -0.6  
         7.  Transportation, Storage & Communication 53.3 47.7 -2.6 9.5 -16.6 -13.4   -15.2 -13.8 -15.2 -13.2 -13.4   -11.7 -18.3 -23.6 -11.1 -6.6 -4.5 -5.3 -0.4 1.1 5.8 2.2  
         8.  Fin. Inst., Real Estate & Bus. Services 97.2 42.6 -0.3 12.9 -7.1 6.0   5.6 12.1 8.7 9.3 6.0   2.7 -0.1 -3.5 -3.2 2.2 0.3 -0.2 -0.6 2.8 -1.5 3.4  
         9.  Community, Social & Personal Services 57.6 11.4 13.6 0.6 19.8 8.8   14.2 19.3 16.8 11.2 8.8   14.5 16.5 6.6 10.1 6.6 12.9 8.1 14.4 9.6 4.8 16.1  
                                                     
  TOTAL  51.9 26.5 -4.8 7.2 -3.6 2.4   -2.0 1.2 1.1 1.4 2.4   4.4 4.4 3.2 3.0 3.4 5.1 3.7 3.8 3.9 0.8 4.3  
                                                     
  C.  Per Cent Share (%)                                                  
         1.  Agriculture, Fisheries & Forestry 5.7 5.0 4.7 4.3 4.1 5.1   3.3 5.0 4.9 5.1 5.1   4.9 4.8 5.0 5.2 5.3 5.4 5.4 5.4 5.3 5.4 5.2  
         2.  Mining and Quarrying 0.9 1.1 1.5 1.5 1.4 1.0   1.0 1.1 1.2 1.0 1.0   1.0 1.0 0.9 1.0 1.0 1.0 1.0 1.0 1.0 1.0 1.0  
         3.  Manufacturing 32.3 29.9 26.5 27.8 26.7 26.5   26.6 23.8 24.8 25.0 26.5   26.6 26.6 26.1 26.3 25.8 26.0 25.8 25.1 24.6 24.8 24.6  
         4.  Electricity, Gas & Water 2.8 3.0 3.5 5.2 5.0 5.0   4.7 5.1 4.9 4.8 5.0   4.9 5.0 5.1 4.8 4.9 4.8 4.7 4.8 4.8 4.8 4.6  
         5.  Construction 3.9 3.6 4.1 3.2 3.0 2.5   2.7 2.8 2.6 2.5 2.5   2.4 2.3 2.4 2.4 2.3 2.4 2.4 2.4 2.4 2.6 2.5  
         6.  Wholesale & Retail Trade 16.1 16.3 15.6 13.9 15.0 14.4   14.3 14.3 14.6 14.4 14.4   14.1 14.0 14.8 14.3 13.5 14.0 13.9 14.0 13.7 14.1 13.7  
         7.  Transportation, Storage & Communication 6.1 7.1 7.3 6.9 5.9 5.0   5.3 5.1 5.1 5.2 5.0   4.9 4.9 4.8 4.9 4.9 5.1 5.1 5.1 5.0 5.4 5.1  
         8.  Fin. Inst., Real Estate & Bus. Services 21.8 24.6 25.8 26.6 25.7 26.6   28.0 28.3 27.3 27.9 26.6   27.4 27.4 27.2 27.1 28.6 26.8 27.1 26.8 28.0 26.7 27.7  
         9.  Community, Social & Personal Services 10.5 9.3 11.1 10.6 13.2 14.0   14.0 14.4 14.7 14.1 14.0   13.8 14.0 13.6 14.0 13.7 14.5 14.6 15.5 15.2 15.3 15.7  
                                                     
  TOTAL  100.0 100.0 100.0 100.0 100.0 100.0   100.0 100.0 100.0 100.0 100.0   100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0  
                                                     
      1Peso and Foreign Accounts but excluding transactions of local banks' foreign office and interbank loans.                              
      r  Revised                                                  
     Source:  Commercial Banks Monthly Statements of Condition