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First International Bank of Israel Presents Second Quarter 2021 Results
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First International Bank of Israel Presents Second Quarter 2021 Results
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First International Bank of Israel Presents Fourth Quarter and Full Year 2020 Results
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TEL AVIV, Israel, March 17, 2021 /PRNewswire/ First International Bank of Israel (TASE: FIBI) one of Israel s major banking groups, today announced its results for the fourth quarter and full year of 2020.
Financial Highlights:
Return on equity: 8.6%;
Return on equity: 9.6%;
The average balance of deposits from the public grew by 13.1%;
The average balance of private customer s deposits grew by 15.9%;
The Bank continues to increase efficiency: operating and other expenses decreased by 3.2%;
Ratio of Tier I equity capital to risk assets: 11.18%;
First International Bank of Israel (TASE: FIBI)
one of Israel s major banking groups, today announced the launch of a new payment service: digital wallet - FibiPay.
The digital wallet allows the Bank s customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card. FibiPay
, currently supported by Android smartphones, allows customers to attach a credit card to their smartphone, directly from the bank app, in a simple and secure way, and make a mobile payment via tap, easily and quickly at the store.
The new service allows the use of the digital wallet at stores in Israel and internationally, by placing the mobile device near a marked NFC payment terminal that supports an EMV component.
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