First International Bank of Israel (FIBI)
The First International Bank of Israel is a bank based in Israel. Its primary commercial clients include huge corporate clients as well as end-market consumers. The First International Bank of Israel Ltd is a full-service financial institution. The bank offers general and premium banking services to large and mid-sized corporations, as well as to individuals and private businesses. The bank concentrates on retail and small enterprises, capital market activity, investment consulting, corporate, commercial, and private banking services, and offers its customers a comprehensive range of financial products and services.
When then-Israeli Finance Minister Pinchas Sapir allowed the merging of numerous smaller banks into the former, the First International Bank of Israel was born. It is remarkable for being the only significant bank in Israel that was not involved in the early-1980s bank stock crisis, and hence the only prominent bank in the country that was not nationalized as a result of the crisis. For a long time, FIBI was the only Israeli bank that provided comprehensive paperwork in English.
The bank fosters innovation by incorporating goods and technologies developed by startup firms, in addition to its present activities for in-house product and technology development by the bank's IT group. The First International Bank is a market leader in capital markets activities, including Israel and foreign stocks, financial derivatives, trading rooms, and a variety of investment products. It has a good reputation for professional investment advising services, thanks to the expertise of its investment consultants, who provide first-rate service at the Bank's branches, as well as innovative consulting technologies.
Founded: 1972
Headquarters: Tel Aviv, Israel
Website: https://online.fibi.co.il/