If we go by mainstream indicators, the Philippine banking industry remains to be in a position of strength. Total resources of universal and commercial banks (whose share dominates the industry) grew by 11.6% between 2010 and June 2015 while their July NPL ratio was at 1.9%.
For instance, Thomas Jefferson gave probably the best description of the public good nature of information when he said “He who receives an idea from me, receives instruction himself without lessening mine; as he who lights his taper at mine, receives light without darkening me.” (quoted by Summers (2000, p 2)).