First International Bank of Israel (FIBI) has posted a net profit of NIS 2.37 billion for 2024, with a return on equity of 19%, the highest among all banks. The bank has declared a cash dividend of 40% of its profit and aims to increase its dividend to 50% of net profit each year. Net income in the credit loss item was NIS 16 million, compared to a net expense of NIS 502 million in 2023. Net credit to the public grew by 10% to NIS 129 billion, while deposits from the public increased by 12.4% to NIS 215 billion.
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