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/ Sep   Oct p/ Nov 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       93,515.1       96,609.1       96,970.7  
         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       10,156.0       10,175.5       10,347.7  
         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     410,714.9     408,229.7     424,153.3  
         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       73,207.3       71,619.9       72,799.9  
         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       27,601.4       26,375.4       27,023.8  
         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     187,570.4     190,269.5     198,104.2  
         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       67,370.8       73,316.9       71,070.8  
         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     396,040.2     386,480.9     425,958.4  
         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     239,191.4     236,466.5     248,143.8  
                                                                                 
  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   1505367.5   1499543.4   1574572.6  
                                                                                 
  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   10.8   13.4   9.9  
         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   -14.5   -16.8   -17.3  
         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   -3.4   -2.4   -0.2  
         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   -2.8   -6.1   1.5  
         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   -9.9   -12.1   -23.9  
         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   -9.8   -9.1   -4.2  
         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   -3.8   3.8   -5.5  
         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   6.5   10.3   8.3  
         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   8.8   3.5   5.8  
                                                                               
  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   0.5   1.3   2.1  
                                                                                 
  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   6.2   6.4   6.2  
         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   0.7   0.7   0.7  
         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   27.3   27.2   26.9  
         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   4.9   4.8   4.6  
         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   1.8   1.8   1.7  
         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   12.5   12.7   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   4.5   4.9   4.5  
         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   26.3   25.8   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   15.9   15.8   15.8  
                                                                                 
  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   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