24 LOANS OUTSTANDING OF COMMERCIAL BANKS 1                                                        
              as of dates indicated                                                                  
             in million  pesos                                                                  
    2002   2003   2004         2005  
    Dec   Dec   Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec   Jan p/ Feb p/ Mar p/ Apr p/ May p/ Jun p/ Jul p/ Aug p/
                                                                     
  A.  Classified by Economic Activity                                                                  
         1.  Agriculture, Fisheries & Forestry          72,427.6       78,876.9       74,514.2     74,117.0     77,132.7     85,470.2     86,928.2     85,534.2     85,960.0     84,652.2     84,418.2     85,175.2     88,219.8     92,413.0       86,349.2       84,600.9       93,721.8       88,471.6       90,101.1     101,764.2       92,323.9       91,181.5  
         2.  Mining and Quarrying          14,447.6       14,111.1       13,668.9     12,112.0     12,429.3     12,652.3     12,614.5     12,286.2     11,812.0     12,516.0     11,882.5     12,227.7     12,514.8     12,210.6       12,429.7       12,176.6       11,710.6       12,071.7       12,175.4       11,237.6       11,234.0         9,853.1  
         3.  Manufacturing        379,404.9     367,538.2     365,081.0   365,675.0   376,836.2   384,937.2   386,517.3   392,854.3   394,562.0   415,177.2   425,281.9   418,438.4   425,119.2   419,380.2     412,462.3     412,761.1     402,582.9     396,651.4     423,794.0     418,085.3     413,259.5     420,331.4  
         4.  Electricity, Gas & Water          71,372.0       64,607.8       67,536.5     73,776.0     74,990.0     73,313.1     71,026.1     71,788.6     74,953.4     75,885.2     75,336.9     76,281.2     71,731.1     77,122.6       72,005.1       69,497.7       70,814.9       70,454.7       73,883.1       76,400.9       77,224.2       73,864.2  
         5.  Construction          35,390.3       36,013.3       36,717.5     35,181.8     33,991.6     33,176.7     33,427.2     31,326.8     31,050.5     30,696.3     30,633.8     30,017.7     35,528.3     29,889.5       29,832.7       34,483.2       34,816.9       36,271.9       33,657.5       27,881.8       28,163.2       27,705.8  
         6.  Wholesale & Retail Trade        206,215.9     210,639.0     203,269.3   210,564.3   206,357.0   214,810.6   213,297.9   215,731.0   212,743.9   207,790.8   208,037.7   209,270.9   206,766.5   214,071.5     199,691.5     197,345.9     203,302.5     206,556.0     197,006.0     200,469.6     192,884.0     196,525.6  
         7.  Transportation, Storage & Communication          71,947.4       77,801.9       78,901.0     80,663.3     80,505.0     77,416.2     78,147.2     75,168.6     74,074.5     71,598.8     70,048.1     70,649.7     75,176.2     75,436.0       75,850.0       72,963.6       77,005.5       80,105.1       76,651.8       76,714.0       76,745.8       78,593.3  
         8.  Fin. Inst., Real Estate & Bus. Services        380,738.6     396,862.2     390,576.8   369,495.5   388,766.4   372,750.4   382,468.4   383,260.2   381,257.2   385,577.9   372,017.8   350,426.0   393,219.9   364,357.2     393,878.6     397,054.1     415,201.9     408,276.1     447,605.7     444,367.2     413,366.7     421,429.1  
         9.  Community, Social & Personal Services        200,718.6     241,296.2     218,184.5   217,665.8   213,914.1   218,205.1   223,502.6   229,980.1   220,543.3   223,673.7   219,777.0   228,490.7   234,550.8   241,067.7     229,237.0     244,102.8     234,375.6     237,579.0     235,463.4     236,466.4     240,683.2     238,332.7  
                                                                     
  TOTAL  1432662.9   1487746.6   1448449.7 1439250.7 1464922.3 1472731.8 1487929.4 1497930.0 1486956.8 1507568.1 1497433.9 1480977.5 1542826.6 1525948.3   1511736.1   1524985.9   1543532.6   1536437.5   1590338.0   1593387.0   1545884.5   1557816.7  
                                                                     
  B.  Growth Rate (%) (Monthly)                                                                  
         1.  Agriculture, Fisheries & Forestry #REF!   #REF!   #DIV/0! -0.5 4.1 10.8 1.7 -1.6 0.5 -1.5           #DIV/0!   -2.0   10.8   #REF!   #REF!   #REF!   #REF!   #REF!  
         2.  Mining and Quarrying #REF!   #REF!   #DIV/0! -11.4 2.6 1.8 -0.3 -2.6 -3.9 6.0           #DIV/0!   -2.0   -3.8   #REF!   #REF!   #REF!   #REF!   #REF!  
         3.  Manufacturing #REF!   #REF!   #DIV/0! 0.2 3.1 2.1 0.4 1.6 0.4 5.2           #DIV/0!   0.1   -2.5   #REF!   #REF!   #REF!   #REF!   #REF!  
         4.  Electricity, Gas & Water #REF!   #REF!   #DIV/0! 9.2 1.6 -2.2 -3.1 1.1 4.4 1.2           #DIV/0!   -3.5   1.9   #REF!   #REF!   #REF!   #REF!   #REF!  
         5.  Construction #REF!   #REF!   #DIV/0! -4.2 -3.4 -2.4 0.8 -6.3 -0.9 -1.1           #DIV/0!   15.6   1.0   #REF!   #REF!   #REF!   #REF!   #REF!  
         6.  Wholesale & Retail Trade #REF!   #REF!   #DIV/0! 3.6 -2.0 4.1 -0.7 1.1 -1.4 -2.3           #DIV/0!   -1.2   3.0   #REF!   #REF!   #REF!   #REF!   #REF!  
         7.  Transportation, Storage & Communication #REF!   #REF!   #DIV/0! 2.2 -0.2 -3.8 0.9 -3.8 -1.5 -3.3           #DIV/0!   -3.8   5.5   #REF!   #REF!   #REF!   #REF!   #REF!  
         8.  Fin. Inst., Real Estate & Bus. Services #REF!   #REF!   #DIV/0! -5.4 5.2 -4.1 2.6 0.2 -0.5 1.1           #DIV/0!   0.8   4.6   #REF!   #REF!   #REF!   #REF!   #REF!  
         9.  Community, Social & Personal Services #REF!   #REF!   #DIV/0! -0.2 -1.7 2.0 2.4 2.9 -4.1 1.4           #DIV/0!   6.5   -4.0   #REF!   #REF!   #REF!   #REF!   #REF!  
                                                                     
  TOTAL  #REF!   #REF!   #DIV/0! -0.6 1.8 0.5 1.0 0.7 -0.7 1.4           #DIV/0!   0.9   1.2   #REF!   #REF!   #REF!   #REF!   #REF!  
                                                                     
  B.  Growth Rate (%) (Annual)                                                                  
         1.  Agriculture, Fisheries & Forestry 27.5   8.9   5.1 5.1 6.4 12.6 12.5 10.3 10.9 10.5 9.2 9.7 13.1 17.2   15.9   14.1   21.5   3.5   3.7   19.0   7.4   7.7  
         2.  Mining and Quarrying -27.4   -2.3   -4.1 -15.4 -10.2 -10.1 -12.7 -16.8 -18.1 -10.9 -17.5 -11.3 -12.4 -13.5   -9.1   0.5   -5.8   -4.6   -3.5   -8.5   -4.9   -21.3  
         3.  Manufacturing 1.7   -3.1   -5.0 -6.2 -0.9 0.2 2.3 4.7 6.4 15.6 17.8 17.9 16.2 14.1   13.0   12.9   6.8   3.0   9.6   6.4   4.7   1.2  
         4.  Electricity, Gas & Water 1.4   -9.5   -4.9 0.7 1.5 4.8 -1.2 3.7 11.2 9.8 7.2 11.1 5.5 19.4   6.6   -5.8   -5.6   -3.9   4.0   6.4   3.0   -2.7  
         5.  Construction -16.0   1.8   7.3 4.3 -3.7 -3.5 -1.4 -10.4 -10.0 -9.8 -14.0 -17.9 -4.1 -17.0   -18.8   -2.0   2.4   9.3   0.7   -11.0   -9.3   -9.7  
         6.  Wholesale & Retail Trade -1.9   2.1   -0.1 2.5 -4.6 2.5 7.9 6.8 6.6 3.8 3.1 4.0 1.4 1.6   -1.8   -6.3   -1.5   -3.8   -7.6   -7.1   -9.3   -5.4  
         7.  Transportation, Storage & Communication -13.4   8.1   12.1 12.9 14.5 7.3 9.1 1.8 2.0 -1.4 -4.9 -8.1 -0.7 -3.0   -3.9   -9.5   -4.3   3.5   -1.9   2.1   3.6   9.8  
         8.  Fin. Inst., Real Estate & Bus. Services 6.0   4.2   -1.0 -7.7 -1.9 -5.8 -8.6 -0.9 -2.0 0.8 -9.7 -8.3 -4.5 -8.2   0.8   7.5   6.8   9.5   17.0   15.9   8.4   9.3  
         9.  Community, Social & Personal Services 8.8   20.2   9.6 6.2 7.7 7.1 11.9 9.8 5.6 1.3 -1.7 4.7 0.2 -0.1   5.1   12.1   9.6   8.9   5.4   2.8   9.1   6.6  
                                                                     
  TOTAL  2.4   3.8   0.5 -1.7 0.5 0.9 1.7 3.8 3.6 5.5 1.9 3.6 3.6 2.6   4.4   6.0   5.4   4.3   6.9   6.4   4.0   3.3  
                                                                     
  C.  Per Cent Share (%)                                                                  
         1.  Agriculture, Fisheries & Forestry 5.1   5.3   5.1 5.1 5.3 5.8 5.8 5.7 5.8 5.6 5.6 5.8 5.7 6.1   5.7   5.5   6.1   5.8   5.7   6.4   6.0   5.9  
         2.  Mining and Quarrying 1.0   0.9   0.9 0.8 0.8 0.9 0.8 0.8 0.8 0.8 0.8 0.8 0.8 0.8   0.8   0.8   0.8   0.8   0.8   0.7   0.7   0.6  
         3.  Manufacturing 26.5   24.7   25.2 25.4 25.7 26.1 26.0 26.2 26.5 27.5 28.4 28.3 27.6 27.5   27.3   27.1   26.1   25.8   26.6   26.2   26.7   27.0  
         4.  Electricity, Gas & Water 5.0   4.3   4.7 5.1 5.1 5.0 4.8 4.8 5.0 5.0 5.0 5.2 4.6 5.1   4.8   4.6   4.6   4.6   4.6   4.8   5.0   4.7  
         5.  Construction 2.5   2.4   2.5 2.4 2.3 2.3 2.2 2.1 2.1 2.0 2.0 2.0 2.3 2.0   2.0   2.3   2.3   2.4   2.1   1.7   1.8   1.8  
         6.  Wholesale & Retail Trade 14.4   14.2   14.0 14.6 14.1 14.6 14.3 14.4 14.3 13.8 13.9 14.1 13.4 14.0   13.2   12.9   13.2   13.4   12.4   12.6   12.5   12.6  
         7.  Transportation, Storage & Communication 5.0   5.2   5.4 5.6 5.5 5.3 5.3 5.0 5.0 4.7 4.7 4.8 4.9 4.9   5.0   4.8   5.0   5.2   4.8   4.8   5.0   5.0  
         8.  Fin. Inst., Real Estate & Bus. Services 26.6   26.7   27.0 25.7 26.5 25.3 25.7 25.6 25.6 25.6 24.8 23.7 25.5 23.9   26.1   26.0   26.9   26.6   28.1   27.9   26.7   27.1  
         9.  Community, Social & Personal Services 14.0   16.2   15.1 15.1 14.6 14.8 15.0 15.4 14.8 14.8 14.7 15.4 15.2 15.8   15.2   16.0   15.2   15.5   14.8   14.8   15.6   15.3  
                                                                     
  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.                                                                  
        Source:  Commercial Banks Monthly Statements of Condition                                                              
Date last updated:                                                                  
12-Oct-05