A rope terminal assembly of an elevator fixes an elevator rope to a fixing base such as an elevator unit, said elevator being suitable for transporting passengers and/or goods, which assembly includes at least the following components: an elevator rope, whose width is larger than its thickness in a rope transverse direction, with at least one end having an end face, one or more wedge elements, and a wedge housing, the rope terminal assembly including a rope gap through which said elevator rope passes and said wedge element is arranged to wedge between said rope and said wedge housing thus locking said elevator rope in the gap, and at least one component of the rope terminal assembly made of fiber reinforced polymer composite material, and an elevator.