First International Bank of Israel Ltd (FIBI) is an Israel-based financial products and services provider. The Bank offers credit, deposits, securities, foreign exchange, financial derivatives, international trade, mortgages, provident and mutual funds, portfolio management, underwriting and leasing services. It also focuses on four basic sectors: Capital Markets, Foreign Currency, Corporate Finance and Private Banking. FIBI also engages in the development of financial instruments, while strengthening its hold on the domestic market by broadening consumer credit, including mortgages, and increasing its deposits infrastructure. The Bankâ€™s main subsidiaries are Ubank (formerly Investec Bank); Poaley Agudat Israel Bank, a commercial bank serving the ultra-orthodox community and Bank Otsar Hahayal. In addition, the Bank operates two overseas subsidiaries: FIBI in the United Kingdom and FIBI Switzerland.