First International Bank of Israel (FIBI)

Commercial Bank

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Company's Profile

Established: 1972
Line of Business: Commercial Bank
Address: 42 Rothschild Blvd., Tel Aviv 6688310
Phone: 972-3-5196111
Fax: 972-3-5100316
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Company Executives

  • Ron Levkovich, First International Bank of Israel (FIBI)

    Ron Levkovich


    First International Bank of Israel (FIBI)

  • Smadar Barber-Tsadik, First International Bank of Israel (FIBI)

    Smadar Barber-Tsadik


    First International Bank of Israel (FIBI)

    View Profile

    Smadar Barber-Tsadik

Parent Company

    FIBI Holdings Company Ltd.
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About First International Bank of Israel (FIBI)

Total Balance Sheet: NIS 180,470 million
Credit to the Public: NIS 101,164 million
Equity: NIS 10,003 million
Core Capital Ratio: 11.46%
(as of 7 March, 2022)

The First International Bank of Israel (FIBI) is among Israel’s five largest banking groups. FIBI Group provides a wide range of financial products and services to customers with the highest standards of professionalism and service. FIBI group includes several brand names: the parent company - First International Bank, the subsidiary company - Massad Bank, and the brand names Otzar Hachayal, UBank and PAGI, comprising a network of some 130 branches countrywide. The assets of the First International Bank amount to NIS 180 billion with a wide and stable capital base that is among the highest in the banking system and indicative of the Group’s financial strength.

FIBI Group

FIBI Bank is a universal bank offering a full range of banking services focusing on several segments of activity: corporate and commercial banking, capital market activity and investment consultancy and private banking. In these segments, the bank enjoys distinctive advantages reflected in the highly professional and skilled staff as well as technical advantages in the form of most advanced information and customer service technological systems.

An important and principal segment on which the Group focuses is the retail and small businesses segment, which is approached by the Group through FIBI Bank and the following brand name layouts: PAGI - leading in orthodox and ultra-orthodox community banking; Otzar Hachayal - focusing on services to the customer population belonging to the armed forces and the defense organizations; and Massad, a bank specializing in services to teaching personnel.

The First International Bank Group offers a wide range of customer adapted banking services by means of digital and technological banking services through advanced direct service channels, enabling the customer to conduct transactions and obtain information rapidly and efficiently via the Group’s Internet site and by the mobile phone, which are being upgraded frequently in accordance with the most advanced technological innovations, and which earn high usage rates and high customer satisfaction.

The Bank promotes innovation by integrating products and technologies produced by fintech companies, alongside its current activity for the in-house development of products and technologies by the Bank’s IT group. The “fintech” operations of the Bank is focused on and adapted to its strategic focus points, and as part of the “investing in you” strategy of the Bank, an emphasis is put on solutions that might be integrated with interfaces regarding customers, thus improving the service experience and granting them added value.

The Corporate Segment

FIBI provides advanced banking and financial services to large corporations in the Israeli market. The Bank is experienced and highly proficient in the management and financing of significant large-scale transactions, and many of the large and leading corporations in the market are customers of the Bank. The Bank also emphasizes its activity among middle-market customers.

FIBI offers customers of the corporate-commercial sector credit solutions adapted to their needs, based on its segmental expertise. The Bank conducts a cautious and responsible credit policy, holding a diversified and high-quality credit portfolio, constituting an important layer of the financial stability of the Bank.

The Bank also offers to customers of the corporate and commercial sector foreign trade services and foreign trade guarantees, which include advanced solutions for importers, exporters and international transactions, the financing of capital market operations and foreign currency investment management. The Bank’s foreign currency dealing room is one of the leading, professional and competitive dealing rooms in Israel.

The Retail Segment

The First International Bank is expanding its activity in the retail segment and is offering households advanced services in the areas of current account management, credit, investment advice, savings, pension advice, mortgages and more. The Bank provides its customers with a wide range of advanced service channels, with an emphasis on direct banking channels such as the internet, mobile phone applications and automatic service machines, which ensure that service is available rapidly and effectively 24 hours a day.

FIBI Group leads in providing services to diverse populations, such as the defense forces through Otzar Hachayal; the Teachers and Faculty community through Massad Bank, which is considered the “teachers bank” and the religious-orthodox community through “PAGIi” branch network.

Capital Market and Private Banking

The First International Bank is one of the market leaders in capital markets activity, Israeli and foreign securities, financial derivatives, trading rooms and various investment products.
It enjoys an excellent reputation for its professional investment advisory services and private banking, due to the professionalism of its investment consultants, who provide high-class service at the branches of the Bank, due to the advanced digital trading capabilities and also due to the advanced consulting systems.

FIBI BANK - Contribution to the Community

First International Bank – Involved in and Contributing to the Community
The Bank attributes great importance to the promotion of social values and contribution to the community alongside its business activity. For this purpose, and within the framework of the flag plan “Believing in you”, the aim of which is to establish involvement in society, the Bank is active, inter alia, through voluntary work of its employees and long-term cooperation with Associations assisting the community.
Within the framework if the said plan, the Bank acts in aid of the Defense Forces by means of a number of leading initiatives:
“Warm home” – a project providing response to the needs of lone service personnel belonging to the combat arm of the IDF. In cooperation with the “Together for the soldier” Association, the Bank put at the disposal of servicemen eighteen residential apartments all over the country, which are equipped at a high level and provide servicemen with a cozy and embracing daily routine. Each such apartment is adopted by a Bank branch, the employees of which look after the soldiers staying in the apartment providing attention and response to the needs of the soldiers in their daily life.
“Adopt a fighter” – within the framework of the “Adopt a Fighter” initiative, the Bank, for a number of years, adopts a combat battalion and participates in battalion events. In addition, the Bank cooperates with the IDF Invalid Association, assisting in the guiding and training of IDF veterans towards employment.
“Leading to success” – the Bank focuses on the narrowing of gaps in the population and on providing opportunity for the integration of disadvantaged service personnel and veterans in the community. Accordingly, the Bank has formed a scholarship program financing academic studies at the Open University for such students. With a view of granting a key to economic independence and allow a change in their way of life, increasing their earning ability and thus leading to optimal social integration.
Furthermore, the Bank takes part in activities promoting female business initiatives for women coming from social and geographic peripheral areas, as well as activities for the advancement of children and youth in risk situations. These activities emphasize the provision of tools on matters of financial awareness, business initiatives, leadership qualifications and excellence, with the aim of creating opportunities for changing directions in life by way of assistance, learning, apprenticeship and the fostering of business initiative.

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