The First International Bank of Israel (Hebrew: הבנק הבינלאומי, romanized: HaBank HaBeinleumi) is an Israel-based bank. Its commercial base consists primarily of large corporate clients as well as end-market consumers. First International Bank of Israel was founded in the early 1970s when then Israeli Finance Minister Pinchas Sapir approved the merger of several smaller banks into the former. Edmond Safra (through his distant cousin Jacques Nasser) acquired control of FIBI in the 1980s: after Edmond Safra's death, the Safra Group sold off its business interests in Israel.