UNIVERSAL AND COMMERCIAL BANKS  
NPL INDICATORS  
As of End of Periods Indicated  
Levels (in million pesos) March
2004
  February
2005
  March
2005
 
 Total Loan Portfolio (TLP) 1/                 1,782,535             1,818,069              1,833,131  
 Loan Loss Reserves (LLR)                    129,817              137,486               133,975  
 TLP, net of LLR                 1,652,717           1,680,583            1,699,157  
 TLP 1/, net of Interbank Loan (IBL)                 1,455,863           1,521,820            1,535,829  
 Non-Performing Loans (NPL)                    247,778              214,304               207,189  
 Restructured Loans (RL) 1/                    134,310              131,113               120,063  
 ROPOA 1/ 2/                    206,117              204,101               203,628  
 Provisions for ROPOA                      14,559                16,333                 16,537  
 ROPOA, net of provisions                    191,557              187,768               187,092  
 Non-Performing Assets (NPA) 3/                    447,997              409,860               402,522  
 Gross Assets (GA) 4/                 3,567,401           3,920,759            3,977,265  
 TLP 1/ + ROPOA 1/                 1,988,651           2,022,170            2,036,760  
 NPA Reserves 5/                    144,376              153,819               150,511  
 Total Past Due Loans & Items in Litigation                    264,255                219,737                 213,583  
Ratios (in percent)            
 NPL Ratio (NPL to TLP ) 13.90   11.79   11.30  
 Net NPL Ratio (NPL to TLP, net of IBL) 17.02 14.08 13.49  
 NPL Coverage Ratio (LLR to NPL) 52.39 64.15 64.66  
 LLR to TLP 7.28 7.56 7.31  
 RL to TLP 7.45 * 7.17 * 6.51 *
 ROPOA to TLP + ROPOA 10.26 * 10.04 * 9.95 *
 ROPOA to GA 5.75 * 5.19 * 5.11 *
 NPA Ratio (NPA to GA) 12.56 10.45 10.12  
 NPA Coverage Ratio (NPA reserves to NPA) 32.23 37.53 37.39  
 Past Due Ratio 6/ 14.66 * 12.01 * 11.59 *
1/ NPL Definition under BSP Circular No. 202 dated 27 May 1999  
2/ NPL Definition under BSP Circular No. 351 dated 19 September 2002  
1/Gross of provisions            
2/ Real and Other Properties Owned and Acquired  
3/ NPL plus ROPOA; since July 2003 ROPOA excluded performing Sales Contract Receivables per BSP Circular No. 380 dated 28 March 2003  
4/ Inclusive of loan loss reserves and provisions for ROPOA; and net of Due From/ To Head Office/ Other Agencies/ Branches of  
foreign bank branches  
5/ LLR plus provisions for ROPOA  
6/ Total Past Due Loans and Items in Litigation over TLP  
* Computation is based on TLP and GA  figures under BSP Circular No. 202