DEPOSITORY CORPORATIONS SURVEY p        
  as of periods indicated        
  in million pesos        
                                     
            LEVELS   FLOWS   GROWTH RATES (%)  
          Item Oct-08 Dec-08 Sep-09 Oct-09   Oct09-Dec08 Oct09-Sep09 Oct09-Oct08   Oct09-Dec08 Oct09-Sep09 Oct09-Oct08  
     
  1.  NET FOREIGN ASSETS 1,876,586 1,930,644 2,335,779 2,437,258   506,614 101,479 560,672 26.2 4.3 29.9  
    A.   Bangko Sentral ng Pilipinas 1,648,330 1,685,738 1,958,680 2,024,334   338,596 65,654 376,004 20.1 3.4 22.8  
     Net International Reserves 1,683,363 1,717,014 1,986,745 2,052,201   335,187 65,456 368,838 19.5 3.3 21.9  
    Foreign Assets 1,758,105 1,789,184 2,016,889 2,053,202   264,018 36,313 295,097 14.8 1.8 16.8  
    Foreign Liabilities 74,742 72,170 30,144 1,001   -71,169 -29,143 -73,741 -98.6 -96.7 -98.7  
     Medium & Long-Term Foreign Liabilities 35,033 31,276 28,065 27,867   -3,409 -198 -7,166 -10.9 -0.7 -20.5  
    B.  Other Depository Corporations  228,256 244,906 377,099 412,924   168,018 35,825 184,668 68.6 9.5 80.9  
    Foreign Assets 760,202 696,311 765,297 783,580   87,269 18,283 23,378 12.5 2.4 3.08  
    Foreign Liabilities 531,946 451,405 388,198 370,656   -80,749 -17,542 -161,290 -17.9 -4.5 -30.3  
     
  2. NET DOMESTIC ASSETS 2,445,524 2,738,011 2,400,670 2,366,625   -371,386 -34,045 -78,899 -13.6 -1.4 -3.2  
    A.  Net Claims on Residents (Net Domestic Credits) 3,495,918 3,691,351 3,780,350 3,792,469   101,118 12,118 296,550 2.7 0.3 8.5  
  Net Claims on the Public Sector (Public  Sector) 1,118,314 1,199,165 1,257,278 1,279,065   79,900 21,787 160,751 6.7 1.7 14.4  
    National Government 845,854 890,974 973,747 965,763   74,789 -7,984 119,910 8.4 -0.8 14.2  
      Credits 1,186,437 1,222,966 1,318,638 1,339,907   116,941 21,270 153,471 9.6 1.6 12.9  
      CB BOL 0 0 0 0   0 0 0 - - -  
      Foreign exchange Receivables 0 0 0 0   0 0 0 - - -  
      T-IMF accounts -57,420 -57,954 -59,537 -59,978   -2,024 -441 -2,558 -3.5 -0.7 -4.5  
      Deposits -283,163 -274,038 -285,354 -314,166   -40,129 -28,813 -31,003 -14.6 -10.1 -10.9  
    Local Government and Other Public Entities 272,461 308,191 283,531 313,302   5,111 29,771 40,841 1.7 10.5 15.0  
  Claims on Other Sectors (Private Sector) 2,377,604 2,492,186 2,523,073 2,513,404   21,218 -9,669 135,800 0.9 -0.4 5.7  
     
    B.  Net Other Items -1,050,395 -953,340 -1,379,680 -1,425,844   -472,504 -46,164 -375,449 -49.6 -3.3 -35.7  
     
  3. LIQUIDITY AGGREGATES (TOTAL LIQUIDITY) 4,322,110 4,668,654 4,736,449 4,803,883   135,228 67,434 481,773 2.9 1.4 11.1  
  A. M4 4,262,962 4,610,405 4,680,081 4,747,696   137,292 67,615 484,735 3.0 1.4 11.4  
  Broad-Money Liabilities (M3) 3,320,469 3,668,433 3,668,484 3,735,615   67,183 67,131 415,147 1.8 1.8 12.5  
  Currency Outside Depository Corporations and Transferable Deposits (Narrow Money) 952,879 1,070,833 1,106,542 1,117,156   46,323 10,614 164,276 4.3 1.0 17.2  
  Other Deposits (Quasi-Money) 2,321,449 2,541,080 2,487,426 2,543,490   2,410 56,064 222,041 0.1 2.3 9.6  
  Securities Other Than Shares Included in Broad Money (Deposit  Substitutes) 46,141 56,521 74,517 74,970   18,449 453 28,829 32.6 0.6 62.5  
  Transferable & Other Deposits in Foreign Currency (FCDs-Res) 942,493 941,972 1,011,597 1,012,081   70,109 484 69,588 7.4 0.0 7.4  
  B. Liabilities Excluded from Broad-Money (Other Liabilities) 59,148 58,250 56,367 56,186   -2,063 -181 -2,962 -3.5 -0.3 -5.0  
  Bills  Payable 57,253 56,355 54,472 54,291   -2,063 -181 -2,962 -3.7 -0.3 -5.2  
  Restricted Deposits 1,895 1,895 1,895 1,895   0 0 0 0.0 0.0 0.0  
    Deposits with Other Depository Corporations Under Liquidation 1,895 1,895 1,895 1,895   0 0 0 0.0 0.0 0.0  
  Narrow Money 952,879 1,070,833 1,106,542 1,117,156   46,323 10,614 164,276 4.3 1.0 17.2  
  Currency Outside Depository Corporations (Currency in Circulation) 338,578 429,510 371,903 400,823   -28,687 28,920 62,244 -6.7 7.8 18.4  
  Transferable Deposits (Demand Deposits) 614,301 641,322 734,639 716,333   75,011 -18,306 102,032 11.7 -2.5 16.6  
  Other Deposits (Quasi-Money) 2,321,449 2,541,080 2,487,426 2,543,490   2,410 56,064 222,041 0.1 2.3 9.6  
  Savings Deposits 1,338,577 1,424,526 1,513,769 1,521,768   97,242 7,999 183,191 6.8 0.5 13.7  
  Time Deposits 982,872 1,116,554 973,658 1,021,722   -94,832 48,065 38,850 -8.5 4.9 4.0  
                       
  p     Preliminary      
  Source:  Department of Economic Statistics