These aspects have also undergone many changes in recent years, whether as part of a natural market process, or as a result of regulatory encouragement, in adopting technological advancement alongside significant streamlining, that will enable the creation of the required competition on the supply side. In this regard, there is an interesting simultaneous link between efficiency and competition among the banks.
Streamlining enables the banks to lower prices in order to attract customers, or to provide new and higher-quality services for the same purpose. Accordingly, it is possible that increased efficiency will actually lead to increased concentration, and will therefore be interpreted as a reduction in competition, because more efficient companies will have a higher market share, which will lead to increased market concentration.