9	LOANS OUTSTANDING OF UNIVERSAL BANKS/COMMERCIAL BANKS  (Monthly)1
	as of periods indicated
	in million pesos
																												Growth Rates
		Jan-08	Feb-08	Mar-08	Apr-08	May-08	Jun-08	Jul-08	Aug-08	Sep-08	Oct-08	Nov-08	Dec-08		Jan-07	Feb-07	Mar-07	Apr-07	May-07	Jun-07	Jul-07	Aug-07	Sep-07	Oct-07	Nov-07	Dec-07		Jan 08/ Jan 07	Feb 08/ Feb 07	Mar 08/ Mar 07	Apr 08/ Apr 07	May 08/ May 07	Jun 08/ Jun 07	Jul 08/ Jul 07	Aug 08/ Aug 07	Sept 08/ Sept 07	Oct 08/ Oct 07	Nov 08/ Nov 07	Dec 08/ Dec 07
	A.  For Production by Economic Activity	1,461,679	1,466,545	1,492,492	1,512,652	1,519,699	1,563,139	1,599,239	1,645,609	1,677,529	1,717,679	1,725,564	1,748,206		1,336,053	1,322,252	1,304,158	1,338,295	1,336,018	1,351,403	1,373,495	1,374,096	1,370,236	1,440,881	1,457,257	1,478,294		9.4	10.9	14.4	13.0	13.7	15.7	16.4	19.8	22.4	19.2	18.4	18.3
	1. Agriculture, Hunting & Forestry	202,326	201,167	172,447	223,280	212,031	211,725	237,649	230,607	264,979	279,246	261,398	309,279		180,974	177,626	178,618	184,493	192,175	190,814	188,973	193,534	192,312	193,598	196,444	202,087		11.8	13.3	-3.5	21.0	10.3	11.0	25.8	19.2	37.8	44.2	33.1	53.0
	2. Fishing	6,834	6,881	3,802	2,581	2,906	3,536	3,482	3,635	3,842	3,753	3,827	3,934		5,724	5,755	5,750	6,347	6,539	6,578	6,659	6,559	6,551	6,552	6,584	6,889		19.4	19.6	-33.9	-59.3	-55.6	-46.2	-47.7	-44.6	-41.4	-42.7	-41.9	-42.9
	3. Mining and Quarrying	8,793	9,162	11,439	8,102	4,692	5,498	5,289	5,740	5,943	7,530	7,069	6,890		9,176	9,381	8,997	10,107	10,836	9,618	9,892	9,616	9,658	12,291	9,524	10,342		-4.2	-2.3	27.1	-19.8	-56.7	-42.8	-46.5	-40.3	-38.5	-38.7	-25.8	-33.4
	4. Manufacturing	359,815	367,374	361,941	359,143	373,063	387,722	400,370	396,980	402,162	401,418	391,053	392,794		386,424	370,380	366,355	357,496	354,663	362,462	366,552	366,592	370,751	375,148	373,525	373,154		-6.9	-0.8	-1.2	0.5	5.2	7.0	9.2	8.3	8.5	7.0	4.7	5.3
	5. Electricity, Gas & Water	123,119	130,029	105,192	102,495	103,783	99,383	110,932	113,655	101,634	110,828	118,110	112,599		71,483	67,802	71,653	73,709	70,533	69,102	69,808	68,555	65,824	75,340	113,396	122,534		72.2	91.8	46.8	39.1	47.1	43.8	58.9	65.8	54.4	47.1	4.2	-8.1
	6. Construction	24,980	25,429	23,722	24,670	31,736	27,198	28,220	29,166	30,532	29,175	25,975	34,485		25,711	25,416	24,406	24,890	25,117	26,367	26,550	27,127	27,425	27,909	27,799	25,204		-2.8	0.1	-2.8	-0.9	26.4	3.2	6.3	7.5	11.3	4.5	-6.6	36.8
	7. Wholesale & Retail Trade	172,619	170,190	235,048	210,353	204,469	220,226	189,639	250,278	237,972	228,517	232,867	228,716		167,852	162,808	164,116	172,912	165,376	158,976	155,788	162,507	159,298	177,255	180,074	178,879		2.8	4.5	43.2	21.7	23.6	38.5	21.7	54.0	49.4	28.9	29.3	27.9
	8. Transportation, Storage & Communication	60,408	59,790	99,169	76,786	81,756	83,893	87,806	101,367	104,114	109,144	115,839	81,017		44,405	45,421	55,515	55,439	53,096	53,425	51,608	52,202	57,186	60,117	60,531	55,542		36.0	31.6	78.6	38.5	54.0	57.0	70.1	94.2	82.1	81.6	91.4	45.9
	9. Financial Intermediation	175,184	162,705	146,264	150,104	132,784	133,517	137,066	125,536	125,891	120,110	131,759	130,560		108,699	119,450	95,400	104,502	127,763	145,681	167,895	164,948	159,729	185,091	162,959	153,366		61.2	36.2	53.3	43.6	3.9	-8.3	-18.4	-23.9	-21.2	-35.1	-19.1	-14.9
	10. Real Estate, Renting & Bus. Services	202,558	204,265	186,675	202,260	215,162	229,691	241,094	234,260	240,127	255,084	271,677	282,880		207,272	202,255	197,336	213,211	205,232	210,182	210,757	205,894	208,029	203,896	204,948	217,208		-2.3	1.0	-5.4	-5.1	4.8	9.3	14.4	13.8	15.4	25.1	32.6	30.2
	11. Public Administration and Defense	37,625	36,911	56,308	55,096	53,395	52,324	52,801	53,830	50,785	52,076	52,681	52,704		38,749	43,667	46,540	42,679	36,837	36,267	38,016	37,399	37,834	37,535	35,575	37,810		-2.9	-15.5	21.0	29.1	44.9	44.3	38.9	43.9	34.2	38.7	48.1	39.4
	12. Education	8,713	9,041	12,487	10,748	10,331	10,066	10,468	10,672	10,783	11,330	10,423	10,341		9,461	9,688	9,363	9,556	9,182	9,203	9,008	9,160	9,080	9,228	9,514	9,359		-7.9	-6.7	33.4	12.5	12.5	9.4	16.2	16.5	18.8	22.8	9.6	10.5
	13. Health and Social Work	6,377	6,622	7,196	7,930	7,408	8,080	8,360	8,505	9,769	10,090	9,700	8,364		7,079	7,243	7,016	6,802	6,594	6,367	6,223	6,504	6,445	6,493	6,587	7,084		-9.9	-8.6	2.6	16.6	12.3	26.9	34.3	30.8	51.6	55.4	47.3	18.1
	14. Other Community, Social & Personal Services	58,365	63,041	55,149	63,237	68,831	73,833	68,715	64,037	70,679	78,798	71,914	72,592		59,827	61,869	59,646	62,495	58,827	52,927	52385	50118	46779	57002	56517	64256		-2.4	1.9	-7.5	1.2	17.0	39.5	31.2	27.8	51.1	38.2	27.2	13.0
	15. Undifferentiated Production Activities of Private Households and Other Unclassified Loans	0	0	0	0	0	0	0	0	0	0	0	0		0	0	0	0	0	0	0	0	0	0	0	0
	16. Hotels and Restaurants	13,963	13,938	15,653	15,867	17,352	16,447	17,348	17,341	18,317	20,580	21,272	21,051		13,218	13,491	13,446	13,658	13,248	13,434	13,383	13,380	13,335	13,426	13,281	14,580		5.6	3.3	16.4	16.2	31.0	22.4	29.6	29.6	37.4	53.3	60.2	44.4
	B.  For Household Consumption	134,051	134,548	139,656	137,327	145,067	149,037	147,603	152,401	157,833	161,540	163,731	159,066		115,331	112,360	117,031	121,092	121,003	122,142	125,092	126,778	127,862	132,965	135,773	140,330		16.2	19.7	19.3	13.4	19.9	22.0	18.0	20.2	23.4	21.5	20.6	13.4
	1. Credit Card	88,879	89,528	93,653	96,067	97,372	99,529	100,794	102,044	102,745	104,382	105,440	107,943		72,060	69,312	73,867	76,077	76,920	78,192	78,792	80,361	81,336	83,592	85,514	89,545		23.3	29.2	26.8	26.3	26.6	27.3	27.9	27.0	26.3	24.9	23.3	20.5
	2. Auto Loans	27,568	27,568	27,657	23,234	25,793	31,927	29,767	33,125	33,583	35,926	36,248	35,560		26,431	26,431	26,431	27,697	27,697	27,697	29,938	29,938	29,938	32,189	32,189	32,189		4.3	4.3	4.6	-16.1	-6.9	15.3	-0.6	10.6	12.2	11.6	12.6	10.5
	3. Others	17,604	17,452	18,346	18,026	21,902	17,581	17,042	17,232	21,505	21,232	22,043	15,563		16,840	16,618	16,733	17,318	16,386	16,253	16,362	16,479	16,588	17,184	18,070	18,596		4.5	5.0	9.6	4.1	33.7	8.2	4.2	4.6	29.6	23.6	22.0	-16.3
	C.  Under RRPs Arrangement	175,169	154,579	194,890	192,570	201,889	273,704	244,942	206,728	182,576	219,573	281,672	230,083		232,109	226,308	252,571	271,361	179,124	149,024	132,833	142,433	156,303	138,789	209,594	238,082		-24.5	-31.7	-22.8	-29.0	12.7	83.7	84.4	45.1	16.8	58.2	34.4	-3.4
	TOTAL Loans Outstanding to Residents
	Gross of RRPs	1,770,899	1,755,672	1,827,038	1,842,549	1,866,655	1,985,880	1,991,784	2,004,738	2,017,938	2,098,792	2,170,967	2,137,355		1,683,493	1,660,920	1,673,760	1,730,748	1,636,145	1,622,569	1,631,420	1,643,307	1,654,401	1,712,635	1,802,624	1,856,706		5.2	5.7	9.2	6.5	14.1	22.4	22.1	22.0	22.0	22.5	20.4	15.1
	Net of RRPs	1,595,730	1,601,093	1,632,148	1,649,979	1,664,766	1,712,176	1,746,842	1,798,010	1,835,362	1,879,219	1,889,295	1,907,272		1,451,384	1,434,612	1,421,189	1,459,387	1,457,021	1,473,545	1,498,586	1,500,874	1,498,098	1,573,846	1,593,030	1,618,624		9.9	11.6	14.8	13.1	14.3	16.2	16.6	19.8	22.5	19.4	18.6	17.8
	D.  Non-Resident  2	0	6	18,494	21,780	21,886	28,780	29,290	34,948	34,951	38,842	43,690	43,762		3	0	0	4	5	1	1	1	1	0	0	0
	1. Central Government/Central Banks			0	0	0
	2. Public Sector Entities			0	0	0
	3. Loans to Corporations			18,486	21,772	21,877
	4. Loans to Individuals			8	8	9
		`
	TOTAL LOANS OUTSTANDING
	Gross of RRPs	1,770,899	1,755,678	1,845,532	1,864,329	1,888,541	2,014,660	2,021,074	2,039,686	2,052,889	2,137,634	2,214,657	2,181,117		1,683,496	1,660,920	1,673,760	1,730,752	1,636,150	1,622,570	1,631,421	1,643,308	1,654,402	1,712,635	1,802,624	1,856,706		5.2	5.7	10.3	7.7	15.4	24.2	23.9	24.1	24.1	24.8	22.9	17.5
	Net of RRPs	1,595,730	1,601,099	1,650,642	1,671,759	1,686,652	1,740,956	1,776,132	1,832,958	1,870,313	1,918,061	1,932,985	1,951,034		1,451,387	1,434,612	1,421,189	1,459,391	1,457,026	1,473,546	1,498,587	1,500,875	1,498,099	1,573,846	1,593,030	1,618,624		9.9	11.6	16.1	14.6	15.8	18.1	18.5	22.1	24.8	21.9	21.3	20.5
	r  Revisions largely  involved classification.
	*  Embargo until press release on 18 February 2009
	1 The old series covered all Other Depository Corporations that included, apart from universal/commercial banks, thrift banks and rural banks.
	2 In the old series, loans to nonresidents were lodged together with those of residents and classified according to economic sector. Since the old database did not provide for a separate category on loans
	to nonresidents, the 2007 data of the present series were based on the reports of a few banks which could readily identify and estimate the nonresident account.
	Source:  FRP