DEPOSITORY CORPORATIONS SURVEY p
	as of periods indicated
	in million pesos
						LEVELS					FLOWS				GROWTH RATES (%)
					Item	May-08	Dec-08	Apr-09	May-09		May09-Dec08	May09-Apr09	May09-May08		May09-Dec08	May09-Apr09	May09-May08
	1.  NET FOREIGN ASSETS					1,834,690	1,930,644	2,119,953	2,198,262		267,618	78,309	363,572		13.9	3.7	19.8
		A.   Bangko Sentral ng Pilipinas				1,554,932	1,685,738	1,798,795	1,799,572		113,834	777	244,640		6.8	0.0	15.7
				Net International Reserves		1,586,778	1,717,014	1,828,244	1,828,572		111,558	328	241,794		6.5	0.0	15.2
					Foreign Assets	1,587,735	1,789,184	1,902,946	1,878,160		88,976	-24,786	290,425		5.0	-1.3	18.3
					Foreign Liabilities	957	72,170	74,702	49,588		-22,582	-25,114	48,631		-31.3	-33.6	5,081.6
				Medium & Long-Term Foreign Liabilities		31,846	31,276	29,449	29,000		-2,276	-449	-2,846		-7.3	-1.5	-8.9
		B.  Other Depository Corporations				279,758	244,906	321,158	398,690		153,784	77,532	118,932		62.8	24.1	42.5
					Foreign Assets	779,688	696,311	707,846	794,423		98,112	86,577	14,735		14.1	12.2	1.89
					Foreign Liabilities	499,930	451,405	386,688	395,733		-55,672	9,045	-104,197		-12.3	2.3	-20.8
	2. NET DOMESTIC ASSETS					2,291,378	2,738,011	2,392,043	2,483,774		-254,237	91,731	192,397		-9.3	3.8	8.4
		A.  Net Claims on Residents (Net Domestic Credits)				3,220,308	3,691,351	3,716,894	3,810,663		119,312	93,769	590,355		3.2	2.5	18.3
					Net Claims on the Public Sector (Public  Sector)	1,079,895	1,199,165	1,217,806	1,281,440		82,275	63,634	201,544		6.9	5.2	18.7
					National Government	831,451	890,974	933,478	986,992		96,018	53,514	155,541		10.8	5.7	18.7
					Credits	1,138,113	1,222,966	1,258,666	1,284,760		61,793	26,094	146,646		5.1	2.1	12.9
					CB BOL	0	0	0	0		0	0	0		-	-	-
					Foreign exchange Receivables	0	0	0	0		0	0	0		-	-	-
					T-IMF accounts	-55,890	-57,954	-57,237	-58,036		-82	-799	-2,146		-0.1	-1.4	-3.8
					Deposits	-250,772	-274,038	-267,951	-239,732		34,306	28,219	11,041		12.5	10.5	4.4
					Local Government and Other Public Entities	248,444	308,191	284,328	294,448		-13,743	10,120	46,004		-4.5	3.6	18.5
					Claims on Other Sectors (Private Sector)	2,140,413	2,492,186	2,499,089	2,529,224		37,038	30,135	388,810		1.5	1.2	18.2
					Other Financial Corporations	0	0	0	0		0	0	0		#DIV/0!	#DIV/0!	#DIV/0!
					Others	2,140,413	2,492,186	2,499,089	2,529,224		37,038	30,135	388,810		1.5	1.2	18.2
		B.  Net Other Items				-928,931	-953,340	-1,324,851	-1,326,889		-373,549	-2,038	-397,958		-39.2	-0.2	-42.8
					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)					4,126,068	4,668,654	4,511,995	4,682,036		13,382	170,041	555,968		0.3	3.8	13.5
		A.		M4		3,971,312	4,610,405	4,450,614	4,620,141		9,736	169,527	648,829		0.2	3.8	16.3
				Broad-Money Liabilities (M3)		3,089,588	3,668,433	3,483,001	3,554,525		-113,908	71,524	464,937		-3.1	2.1	15.0
					Currency Outside Depository Corporations and Transferable Deposits (Narrow Money)	890,914	1,070,833	1,055,455	1,063,516		-7,317	8,061	172,602		-0.7	0.8	19.4
					Other Deposits (Quasi-Money)	2,152,978	2,541,080	2,358,250	2,422,209		-118,871	63,958	269,230		-4.7	2.7	12.5
					Securities Other Than Shares Included in Broad Money (Deposit  Substitutes)	45,697	56,521	69,296	68,801		12,280	-495	23,104		21.7	-0.7	50.6
				Transferable & Other Deposits in Foreign Currency (FCDs-Res)		881,724	941,972	967,613	1,065,616		123,644	98,003	183,892		13.1	10.1	20.9
		B.		Liabilities Excluded from Broad-Money (Other Liabilities)		154,756	58,250	61,382	61,895		3,645	514	-92,860		6.3	0.8	-60.0
					Bills  Payable	152,860	56,355	59,486	60,000		3,645	514	-92,860		6.5	0.9	-60.7
					Marginal Deposits	23	23	23	23		0	0	0		0.0	0.0	1.5
					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					890,914	1,070,833	1,055,455	1,063,516		-7,317	8,061	172,602		-0.7	0.8	19.4
		Currency Outside Depository Corporations (Currency in Circulation)				327,001	429,510	383,566	381,651		-47,859	-1,915	54,650		-11.1	-0.5	16.7
		Transferable Deposits (Demand Deposits)				563,913	641,322	671,888	681,865		40,543	9,977	117,952		6.3	1.5	20.9
					Import Deposits	0			0		0	0	0		-	-	-
	Other Deposits (Quasi-Money)					2,152,978	2,541,080	2,358,250	2,422,209		-118,871	63,958	269,230		-4.7	2.7	12.5
		Savings Deposits				1,375,500	1,424,526	1,390,032	1,424,837		311	34,805	49,337		0.0	2.5	3.6
		Time Deposits				777,478	1,116,554	968,219	997,372		-119,182	29,153	219,894		-10.7	3.0	28.3
					Marginal Deposits	23	23	23	23		0	0	0		2.0	2.0	2.0
	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