DEPOSITORY CORPORATIONS SURVEY p                          
  as of periods indicated                          
  in million pesos                          
                                     
            LEVELS   FLOWS   GROWTH RATES (%)  
          Item Nov-08 Dec-08 Oct-09 Nov-09   Nov09-Dec08 Nov09-Oct09 Nov09-Nov08   Nov09-Dec08 Nov09-Oct09 Nov09-Nov08  
   
  1.  NET FOREIGN ASSETS 1,873,121 1,930,644 2,437,258 2,481,493 550,849 44,235 608,372 28.5 1.8 32.5  
    A.   Bangko Sentral ng Pilipinas 1,692,740 1,685,738 2,024,334 2,052,921 367,183 28,587 360,181 21.8 1.4 21.3  
     Net International Reserves 1,722,614 1,717,014 2,052,201 2,080,708 363,694 28,507 358,094 21.2 1.4 20.8  
    Foreign Assets 1,797,177 1,789,184 2,053,202 2,081,705 292,521 28,503 284,528 16.3 1.4 15.8  
    Foreign Liabilities 74,563 72,170 1,001 997 -71,173 -4 -73,566 -98.6 -0.4 -98.7  
     Medium & Long-Term Foreign Liabilities 29,874 31,276 27,867 27,787 -3,489 -80 -2,087 -11.2 -0.3 -7.0  
    B.  Other Depository Corporations  180,381 244,906 412,924 428,572 183,666 15,648 248,191 75.0 3.8 137.6  
    Foreign Assets 679,662 696,311 783,580 782,820 86,509 -760 103,158 12.4 -0.1 15.18  
    Foreign Liabilities 499,281 451,405 370,656 354,248 -97,157 -16,408 -145,033 -21.5 -4.4 -29.0  
   
  2. NET DOMESTIC ASSETS 2,561,558 2,738,011 2,366,625 2,432,609 -305,402 65,984 -128,949 -11.2 2.8 -5.0  
    A.  Net Claims on Residents (Net Domestic Credits) 3,558,277 3,691,351 3,792,469 3,869,135 177,784 76,666 310,857 4.8 2.0 8.7  
  Net Claims on the Public Sector (Public  Sector) 1,147,271 1,199,165 1,279,065 1,282,778 83,613 3,713 135,507 7.0 0.3 11.8  
    National Government 857,145 890,974 965,763 983,805 92,831 18,042 126,661 10.4 1.9 14.8  
      Credits 1,217,028 1,222,966 1,339,907 1,339,416 116,450 -491 122,389 9.5 0.0 10.1  
      CB BOL 0 0 0 0 0 0 0 - - -  
      Foreign exchange Receivables 0 0 0 0 0 0 0 - - -  
      T-IMF accounts -57,106 -57,954 -59,978 -60,123 -2,169 -145 -3,017 -3.7 -0.2 -5.3  
      Deposits -302,777 -274,038 -314,166 -295,488 -21,451 18,678 7,289 -7.8 5.9 2.4  
    Local Government and Other Public Entities 290,127 308,191 313,302 298,973 -9,218 -14,329 8,846 -3.0 -4.6 3.0  
  Claims on Other Sectors (Private Sector) 2,411,006 2,492,186 2,513,404 2,586,357 94,171 72,953 175,351 3.8 2.9 7.3  
    Other Financial Corporations 0 0 0 0 0 0 0 #DIV/0! #DIV/0! #DIV/0!  
    Others 2,411,006 2,492,186 2,513,404 2,586,357 94,171 72,953 175,351 3.8 2.9 7.3  
   
    B.  Net Other Items -996,720 -953,340 -1,425,844 -1,436,526 -483,186 -10,682 -439,806 -50.7 -0.7 -44.1  
  Revaluation n.a. n.a. #REF! #REF! #REF! #REF! #REF!  
  Capital and Reserves n.a. n.a. #REF! #REF! #REF! #REF! #REF!  
  Other Assets/Liabilities n.a. n.a. #REF! #REF! #REF! #REF! #REF!  
   
  3. LIQUIDITY AGGREGATES (TOTAL LIQUIDITY) 4,434,679 4,668,654 4,803,875 4,914,102 245,447 110,227 479,423 5.3 2.3 10.8  
  A. M4 4,373,219 4,610,405 4,747,689 4,857,745 247,341 110,057 484,527 5.4 2.3 11.1  
  Broad-Money Liabilities (M3) 3,440,067 3,668,433 3,735,608 3,852,674 184,242 117,067 412,608 5.0 3.1 12.0  
  Currency Outside Depository Corporations and Transferable Deposits (Narrow Money) 984,540 1,070,833 1,117,156 1,148,053 77,220 30,897 163,512 7.2 2.8 16.6  
  Other Deposits (Quasi-Money) 2,403,894 2,541,080 2,543,482 2,632,681 91,601 89,199 228,787 3.6 3.5 9.5  
  Securities Other Than Shares Included in Broad Money (Deposit  Substitutes) 51,633 56,521 74,970 71,941 15,420 -3,029 20,308 27.3 -4.0 39.3  
  Transferable & Other Deposits in Foreign Currency (FCDs-Res) 933,152 941,972 1,012,081 1,005,071 63,099 -7,010 71,919 6.7 -0.7 7.7  
  B. Liabilities Excluded from Broad-Money (Other Liabilities) 61,460 58,250 56,186 56,356 -1,893 170 -5,104 -3.3 0.3 -8.3  
  Bills  Payable 59,565 56,355 54,291 54,461 -1,893 170 -5,104 -3.4 0.3 -8.6  
  Marginal Deposits 22 23 31 31 7 0 8 30.9 0.0 37.1  
  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  
            Import Deposits 0 0 0 0   0 0 0   - - -  
  Narrow Money 984,540 1,070,833 1,117,156 1,148,053 77,220 30,897 163,512 7.2 2.8 16.6  
  Currency Outside Depository Corporations (Currency in Circulation) 349,948 429,510 400,823 405,933 -23,577 5,110 55,984 -5.5 1.3 16.0  
  Transferable Deposits (Demand Deposits) 634,592 641,322 716,333 742,120 100,798 25,787 107,528 15.7 3.6 16.9  
            Import Deposits 0     0   0 0 0   - - -  
  Other Deposits (Quasi-Money) 2,403,894 2,541,080 2,543,482 2,632,681 91,601 89,199 228,787 3.6 3.5 9.5  
  Savings Deposits 1,381,815 1,424,526 1,521,768 1,568,853 144,327 47,085 187,038 10.1 3.1 13.5  
  Time Deposits 1,022,079 1,116,554 1,021,715 1,063,828 -52,726 42,114 41,749 -4.7 4.1 4.1  
  Marginal Deposits 22 23 23 31 8 8 9 33.4 33.4 39.5  
                       
  p     Preliminary                          
  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