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 Int l Bank posts NIS 750m profit for 2020
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