What is the history of Fibi bank?
The First International Bank of Israel, commonly known as FIBI, was established in 1972 following a government-backed initiative led by Finance Minister Pinchas Sapir to consolidate several smaller financial institutions, including Export Bank and Foreign Trade Bank. Over subsequent decades, the bank expanded its market presence through strategic mergers with specialized financial entities like PAGI and Atzmaut Bank. Controlled by the Bino-Liberman Group, FIBI developed into a leading financial institution offering comprehensive retail, corporate, and private banking services.
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