DEPOSITORY CORPORATIONS SURVEY p
	as of periods indicated
	in million pesos
						LEVELS
					Item	Dec-07	Nov-08	Dec-08		Dec08- Nov08	Dec08- Dec07		Dec08- Nov08	Dec08- Dec07
	1.  NET FOREIGN ASSETS					1,659,261	1,873,121	1,930,644		57,523	271,383		3.1	16.4
		A.   Bangko Sentral ng Pilipinas				1,364,929	1,692,740	1,685,738		-7,002	320,809		-0.4	23.5
				Net International Reserves		1,397,378	1,722,614	1,717,014		-5,600	319,636		-0.3	22.9
					Foreign Assets	1,397,665	1,797,177	1,789,184		-7,993	391,519		-0.4	28.0
					Foreign Liabilities	287	74,563	72,170		-2,393	71,883		-3.2	25,046.3
				Medium & Long-Term Foreign Liabilities		32,449	29,874	31,276		1,402	-1,173		4.7	-3.6
		B.  Other Depository Corporations				294,332	180,381	244,906		64,525	-49,426		35.8	-16.8
					Foreign Assets	746,458	679,662	696,311		16,649	-50,147		2.4	-6.7
					Foreign Liabilities	452,126	499,281	451,405		-47,876	-721		-9.6	-0.2
	2. NET DOMESTIC ASSETS					2,421,539	2,561,558	2,738,011		176,453	316,472		6.9	13.1
		A.  Net Claims on Residents (Net Domestic Credits)				3,161,647	3,558,277	3,691,351		133,074	529,704		3.7	16.8
					Net Claims on the Public Sector (Public  Sector)	1,027,410	1,147,271	1,199,165		51,894	171,755		4.5	16.7
					National Government	766,626	857,145	890,974		33,830	124,348		3.9	16.2
					Credits	1,082,482	1,217,028	1,222,966		5,939	140,484		0.5	13.0
					CB BOL	0	0	0		0	0		-	-
					Foreign exchange Receivables	0	0	0		0	0		-	-
					T-IMF accounts	-50,917	-57,106	-57,954		-848	-7,037		-1.5	-13.8
					Deposits	-264,939	-302,777	-274,038		28,739	-9,099		9.5	-3.4
					Local Government and Other Public Entities	260,784	290,127	308,191		18,064	47,407		6.2	18.2
					Claims on Other Sectors (Private Sector)	2,134,237	2,411,006	2,492,186		81,180	357,949		3.4	16.8
					Other Financial Corporations	227,733	0	0		0	-227,733		#DIV/0!	-100.0
					Others	1,906,504	2,411,006	2,492,186		81,180	585,682		3.4	30.7
		B.  Net Other Items				-740,108	-996,720	-953,340		43,379	-213,232		4.4	-28.8
					Revaluation	n.a.	0	0					#DIV/0!	#VALUE!
					Capital and Reserves	n.a.	0	0					#DIV/0!	#VALUE!
					Other Assets/Liabilities	n.a.	0	0					#DIV/0!	#VALUE!
	3. LIQUIDITY AGGREGATES (TOTAL LIQUIDITY)					4,080,800	4,434,679	4,668,655		233,976	587,855		5.3	14.4
		A.		M4		3,925,410	4,373,219	4,610,405		237,187	684,995		5.4	17.5
				Broad-Money Liabilities (M3)		3,174,365	3,440,067	3,668,433		228,367	494,068		6.6	15.6
					Currency Outside Depository Corporations and Transferable Deposits (Narrow Money)	886,040	984,540	1,070,833		86,292	184,792		8.8	20.9
					Other Deposits (Quasi-Money)	2,243,005	2,403,894	2,541,080		137,186	298,075		5.7	13.3
					Securities Other Than Shares Included in Broad Money (Deposit  Substitutes)	45,320	51,633	56,521		4,888	11,200		9.5	24.7
				Transferable & Other Deposits in Foreign Currency (FCDs-Res)		751,045	933,152	941,972		8,820	190,927		0.9	25.4
		B.		Liabilities Excluded from Broad-Money (Other Liabilities)		155,390	61,460	58,250		-3,210	-97,140		-5.2	-62.5
					Bills  Payable	153,495	59,565	56,355		-3,210	-97,140		-5.4	-63.3
					Marginal Deposits	23	22	23		1	0		4.8	1.5
					Restricted Deposits	1,895	1,895	1,895		0	0		0.0	0.0
					Deposits with Other Depository Corporations Under Liquidation	1,895	1,895	1,895		0	0		0.0	0.0
					Import Deposits	0	0	0		0	0		#DIV/0!	#DIV/0!
	Narrow Money					886,040	984,540	1,070,833		86,292	184,792		8.8	20.9
		Currency Outside Depository Corporations (Currency in Circulation)				347,671	349,948	429,510		79,562	81,839		22.7	23.5
		Transferable Deposits (Demand Deposits)				538,369	634,592	641,322		6,730	102,953		1.1	19.1
					Import Deposits			0		0	0		-	#DIV/0!
	Other Deposits (Quasi-Money)					2,243,005	2,403,894	2,541,080		137,186	298,075		5.7	13.3
		Savings Deposits				1,505,557	1,381,815	1,424,526		42,711	-81,031		3.1	-5.4
		Time Deposits				737,448	1,022,079	1,116,554		94,475	379,106		9.2	51.4
					Marginal Deposits	23	22	23		1	0		6.5	1.9
	p			Preliminary
	n.a.			Not Available
	r			For consistency, in view of the change in definition and coverage of accounts, prior year's data were revised to include a) foreign currency deposits of government - owned /controlled corporations under transferable and other deposits in foreign currency , b) cash letters of credit and reserve balances of other financial corporations under transferable deposits, and c) marginal deposits under  time deposits.
	Note:			Oct 2008 DCS already reflects the impact of Circulars 626/628(series 2008), reclassifying certain assets from held for trading (HFT) and available for sale (AFS) to held to maturity (HTM) and unquoted debt securities classified as loans (UDSCL). This reclassification raises the level of NFA/NDA but reduces, by the same amount, the NOI. Thus, the growth rates for NFA, NDA, and NOI are inclusive of the effect of this reclassification.
	Source:  Department of Economic Statistics
CHECK:					(NFA+NDA)-LIQUIDITY AGGREGATES	0	0	0		0	0
Note:  Details may not add up to total due to rounding off.