The fourth target is for the banking system to face up to current and future changes (we hope) in the capital and money markets, for example, the development of the interbank market following the abolition of transactions with "previous day's value date" by the Bank of Israel; future development of sophisticated financial instruments; future development of mortgage securitization; and the introduction of the Real Time Gross Settlement (RTGS) system in which the Bank of Israel is deeply involved.
Obviously that is not the whole story. These targets will result in a more efficient banking system and in greater competition in the capital and money markets and in the credit market. Competition on the retail banking side leaves much to be desired.