Financial Highlights

First International Bank of Israel Reports Strong Financial Performance

Financial Highlights

First International Bank of Israel (FIBI) has announced its latest financial results, reporting strong performance across key metrics.

Key Figures:

• Fourth quarter 2022 net income: NIS 536 million
• Full year 2022 net income: NIS 1677 million

Growth and Profitability

FIBI's continued growth is reflected in its rising net income. The bank reported a 13.2% jump in second-quarter profit, driven by an increase in financing income.

The bank's strong profitability is further evidenced by its return on equity of 16.6% for the full year 2022.

Market Position

FIBI is among Israel's five largest banking groups, providing a full range of financial services to retail, corporate, and institutional clients.

As one of Israel's major financial institutions, FIBI plays a crucial role in the country's economic development.

Innovation and Technology

FIBI is known for its commitment to innovation and technology in the banking sector.

The bank's digital banking platforms and mobile app offer customers convenient and secure access to their financial accounts.

Financial Stability

FIBI's financial stability is ensured by its strong balance sheet and prudent risk management practices.

The bank's solid capital base and ample liquidity position enable it to navigate economic challenges and maintain its financial strength.

Industry Recognition

FIBI's performance and contributions to the banking industry have been recognized by various organizations.

The bank has received numerous awards, including "Best Bank in Israel" from The Banker magazine.

Sustainability

FIBI is committed to operating in a sustainable and responsible manner.

The bank actively supports environmental initiatives and promotes social responsibility programs.

Conclusion

First International Bank of Israel's strong financial performance, market position, and commitment to innovation demonstrate its position as a leading financial institution in Israel.

The bank's focus on growth, profitability, and sustainability ensures its continued success and value creation for its stakeholders.