First International Bank (international bank)

The merger of several smaller banks in Israel in 1972 led to the establishment of the First International Bank of Israel. It is the fifth-largest bank in the country, offering banking services to both individual and major corporate clients. One distinguishing feature is its provision of complete documentation in English, making it a preferred choice for many English-speaking immigrants.

The First International Bank is also the only major Israeli bank that did not get involved in the banking asset scandal in the country in the 1980s, which made it the only one among the large Israeli banks not to be nationalized due to the crisis. In 1981, it opened its representative offices in London. Three years later, it inaugurated branches in Zurich.