The return on capital for the banking system in 2005, for example, was 14.5 percent, compared to an average 15.4 percent globally. Finally I would like to ask the Knesset to push forward with government-sponsored legislation on the supervision of banking fees by the Supervisor of Banks as soon as the bill is presented, which I hope will be soon.
Our institutions need to be able to cope with sharp changes in the cost of funds in the global market place. But as we saw in July last year, we also need to confront the possibility that global funds may not always be as readily available as we perhaps used to think.