Meanwhile, the share of auto loans in the total loan portfolio dropped to in the fourth quarter of 2007, from in the previous quarter. The ratio of past-due auto loans to total auto loans was maintained at in the fourth quarter of 2007, little changed from the third quarter, as the climb in past-due auto loans to PHP billion nearly matched the growth in total auto loans. Nonetheless, the ratio was slightly lower in the first quarter of 2008 than in the first quarter of 2007 (), as the hike in past-due auto loans.
