DEPOSITORY CORPORATIONS SURVEY (SRF-based) *                          
as of period indicated                                
                                   
          LEVELS (million pesos) FLOWS (million pesos) GROWTH RATES (%)  
  Jun-17 Jul-17 Jun-18 r Jul-18 p Jul 18  -      Jun 18 Jun 18  -      Jun 17 Jul 18 -      Jul 17   Jul 18  -      Jun 18 Jun 18  -      Jun 17 Jul 18 -      Jul 17  
           
1. NET FOREIGN ASSETS           4,416,268         4,472,256         4,539,284             4,477,860            (61,425)          123,016              5,604            (1.4)              2.8             0.1  
        A. Bangko Sentral ng Pilipinas           4,031,509         4,021,757         4,064,205             4,002,718  a             (61,487)             32,696          (19,039)            (1.5)              0.8            (0.5)  
     Claims on non-residents           4,111,881         4,103,193         4,149,612             4,088,187            (61,425)             37,731          (15,006)            (1.5)              0.9            (0.4)  
     less: Liabilities to non-residents                80,372               81,436               85,407                  85,469                     62               5,035              4,033              0.1              6.3             5.0  
        B. Other Depository Corporation              384,759             450,499             475,079                475,142                     62             90,320            24,643              0.0            23.5             5.5  
     Claims on non-residents           1,245,940         1,246,548         1,374,329             1,354,464            (19,865)          128,389          107,916            (1.4)            10.3             8.7  
     less: Liabilities to non-residents              861,181             796,049             899,250                879,322            (19,928)             38,069            83,273            (2.2)              4.4           10.5  
   
2. DOMESTIC CLAIMS           9,622,838         9,752,201       11,168,375          11,323,926           155,551       1,545,537      1,571,725              1.4            16.1           16.1  
        A. Net Claims on Central Government            1,614,796         1,651,513         1,821,417             1,854,220             32,803          206,621          202,707              1.8            12.8           12.3  
  Claims on central government           2,314,267         2,285,791         2,560,600             2,551,673              (8,927)          246,332          265,883            (0.3)            10.6           11.6  
  less: Liabilities to central government              699,472             634,277             739,183                697,453            (41,730)             39,711            63,176            (5.6)              5.7           10.0  
        B. Claims on Other Sectors            8,008,042         8,100,688         9,346,958             9,469,707           122,748       1,338,916      1,369,019              1.3            16.7           16.9  
  Claims on other financial corporations              780,236             788,296             953,680             1,005,635             51,955          173,444          217,339              5.4            22.2           27.6  
  Claims on state and local government                85,302               80,560               81,626                  82,544                   918             (3,676)              1,984              1.1            (4.3)             2.5  
  Claims on public nonfinancial corporations              265,014             264,369             272,456                271,553                 (903)               7,443              7,184            (0.3)              2.8             2.7  
  Claims on private sector           6,877,491         6,967,463         8,039,196             8,109,974             70,778       1,161,705      1,142,511              0.9            16.9           16.4  
   
3. LIQUIDITY AGGREGATES  
  M4 (M3 + 3.e)        11,658,402       11,802,715       12,955,975          13,035,348             79,373       1,297,574      1,232,633              0.6            11.1           10.4  
    M3 (M2 + 3.d) **           9,898,176       10,004,460       11,061,830          11,103,179             41,349       1,163,654      1,098,719              0.4            11.8           11.0  
      M2 (M1 + 3.c)           9,532,330         9,616,209       10,610,657          10,638,540             27,883       1,078,327      1,022,331              0.3            11.3           10.6  
        M1 (3.a + 3.b)           3,241,149         3,244,880         3,734,689             3,727,220              (7,469)          493,540          482,339            (0.2)            15.2           14.9  
   
        3.a  Currency outside depository corporations (Currency in circulation)              901,079             892,431         1,050,453             1,029,050            (21,403)          149,373          136,618            (2.0)            16.6           15.3  
        3.b  Transferable deposits included in broad money (Demand deposits)           2,340,070         2,352,449         2,684,236             2,698,170             13,934          344,167          345,721              0.5            14.7           14.7  
        3.c  Other deposits included in broad money           6,291,181         6,371,329         6,875,968             6,911,320             35,352          584,787          539,992              0.5              9.3             8.5  
  Savings deposits           4,187,543         4,247,436         4,573,405             4,617,754             44,349          385,862          370,318              1.0              9.2             8.7  
  Time deposits           2,103,638         2,123,893         2,302,563             2,293,567              (8,997)          198,925          169,674            (0.4)              9.5             8.0  
        3.d  Securities other than shares included in broad money (Deposit substitutes)              365,846             388,251             451,173                464,639             13,465             85,327            76,388              3.0            23.3           19.7  
        3.e  Transferable and other deposits in foreign currency (FCDs-Residents)           1,760,226         1,798,255         1,894,145             1,932,169             38,024          133,919          133,914              2.0              7.6             7.4  
   
4. LIABILITIES EXCLUDED FROM BROAD MONEY           2,380,705         2,421,742         2,751,684             2,766,438             14,754          370,980          344,696              0.5            15.6           14.2  
                                   
* 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