DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
                                   
                                   
          LEVELS AS OF END-PERIODS INDICATED FLOWS FOR PERIODS INDICATED GROWTH RATES  
  (in million pesos) (in million pesos) (in percent)  
  Jan-18 Feb-18 Jan-19 r Feb-19 p Feb 19  -      Jan 18 Jan 19  -      Jan 18 Feb 19 -     Feb 18   Feb 19  -      Jan 18 Jan 19  -      Jan 18 Feb 19 -     Feb 18  
           
1. NET FOREIGN ASSETS           4,639,140         4,665,685         4,582,251             4,596,054             13,803           (56,889)         (69,631)              0.3            (1.2)            (1.5)  
        A. Bangko Sentral ng Pilipinas           4,095,150         4,112,166         4,229,189             4,212,090  a             (17,099)          134,039          99,924            (0.4)              3.3             2.4  
     Claims on Non-residents           4,180,178         4,198,014         4,312,734             4,295,558            (17,176)          132,556          97,544            (0.4)              3.2             2.3  
     Less: Liabilities to Non-residents                85,028               85,848               83,545                  83,468                    (77)             (1,483)           (2,380)            (0.1)            (1.7)            (2.8)  
        B. Other Depository Corporation              543,990             553,519             353,062                383,964             30,902         (190,928)      (169,555)              8.8          (35.1)         (30.6)  
     Claims on Non-residents           1,367,678         1,385,987         1,459,493             1,471,832             12,339             91,815          85,846              0.8              6.7             6.2  
    Less: Liabilities to Non-residents              823,688             832,468         1,106,431             1,087,868            (18,563)          282,743        255,400            (1.7)            34.3           30.7  
   
2. DOMESTIC CLAIMS        10,427,841       10,562,139       11,716,706          11,802,741             86,035       1,288,865     1,240,602              0.7            12.4           11.7  
        A. Net Claims on Central Government            1,628,883         1,671,016         1,715,908             1,810,452             94,544             87,025        139,436              5.5              5.3             8.3  
  Claims on Central Government           2,400,710         2,438,962         2,738,872             2,739,775                   903          338,161        300,813              0.0            14.1           12.3  
  Less: Liabilities to central government              771,828             767,945         1,022,964                929,323            (93,641)          251,136        161,377            (9.2)            32.5           21.0  
        B. Claims on Other Sectors            8,798,958         8,891,123       10,000,798             9,992,289              (8,509)       1,201,839     1,101,166            (0.1)            13.7           12.4  
  Claims on other financial corporations              879,208             893,655         1,057,898             1,055,048              (2,850)          178,689        161,393            (0.3)            20.3           18.1  
  Claims on state and local government                81,104               81,664               87,670                  88,415                   745               6,566             6,751              0.8              8.1             8.3  
  Claims on public nonfinancial corporations              285,530             281,890             262,558                248,099            (14,459)           (22,972)         (33,790)            (5.5)            (8.0)         (12.0)  
  Claims on private sector           7,553,116         7,633,915         8,592,672             8,600,727                8,055       1,039,556        966,812              0.1            13.8           12.7  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)        12,518,058       12,657,365       13,393,090          13,483,740             90,650          875,032        826,375              0.7              7.0             6.5  
    M3 (M2 + 3.d) **        10,600,467       10,735,994       11,415,612          11,497,070             81,458          815,145        761,076              0.7              7.7             7.1  
      M2 (M1 + 3.c)        10,165,880       10,297,688       10,872,621          10,907,469             34,848          706,741        609,781              0.3              7.0             5.9  
        M1 (3.a + 3.b)           3,543,105         3,581,362         3,793,198             3,829,135             35,937          250,093        247,773              0.9              7.1             6.9  
   
        3.a  Currency outside depository corporations               982,200             991,916         1,140,805             1,142,900                2,095          158,605        150,984              0.2            16.1           15.2  
        3.b  Transferable deposits included in broad money           2,560,905         2,589,446         2,652,393             2,686,235             33,842             91,488          96,790              1.3              3.6             3.7  
        3.c  Other deposits included in broad money           6,622,775         6,716,326         7,079,423             7,078,334              (1,090)          456,648        362,008            (0.0)              6.9             5.4  
  Savings deposits           4,374,520         4,426,578         4,607,607             4,603,832              (3,775)          233,087        177,254            (0.1)              5.3             4.0  
  Time deposits           2,248,255         2,289,748         2,471,816             2,474,502                2,686          223,561        184,754              0.1              9.9             8.1  
        3.d  Securities other than shares included in broad money              434,587             438,306             542,991                589,601             46,610          108,404        151,295              8.6            24.9           34.5  
        3.e  Transferable and other deposits in foreign currency           1,917,591         1,921,371         1,977,478             1,986,670                9,192             59,886          65,299              0.5              3.1             3.4  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY           2,548,923         2,570,460         2,905,867             2,915,056                9,188          356,944        344,596              0.3            14.0           13.4  
                                   
* Based on the Standardized Report Forms (SRFs), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF).  
p Preliminary  
r Revised  
a Based on revised Central Bank Survey  
**/Derived as Net Foreign Assets + Domestic Claims, net of Liabilities excluded from broad money and transferable and other deposits in foreign currency(FCDs-Residents)  
- Growth rate rounds off to zero