FIBI profits up 190%. (First International Bank of Israel)

The First International Bank of Israel has registered a 190 percent increase in profits for the first quarter of 1992. Profits rose from NIS 5.07 million in the first quarter of 1991 to NIS 14.7 million. On an annual basis, the profit represents a 7 percent return on equity. The overall financial margin of the bank declined from 4.4 percent in the first quarter of 1991 to 3.6 percent. Increased profits in the quarter are due to increases in income