Emirates Institute for Banking Studies, London Institute of Banking to Cooperate on Banking Diploma

The Emirates Institute for Banking and Financial Studies (EIBFS), the region's leading institute for education and training in finance, has agreed to collaborate with its globally reputed UK counterpart, The London Institute of Banking and Finance (LIBF).

The two parties will exchange their experience to update and develop EIBFS’ banking diploma program, adopting a digital approach with the goal of qualifying national cadres for senior positions in the banking and finance sector.

Jamal Al Jassmi, General Manager of EIBFS, and Alex Fraser, Chief Executive of LIBF, signed the agreement at LIBF’s headquarters in London, in the presence of senior representatives from the two entities.

Speaking on the collaboration, Jamal Al Jassmi said: “EIBFS spares no effort in building the capacities of UAE nationals and enhancing their professionalism and overall performance. Our agreement with LIBF falls within the framework of ongoing initiatives aimed at aligning our diploma programs with the dynamic needs of banks and other financial institutions.”

He added: “The cooperation will contribute to diversifying our educational portfolio and help us keep abreast of global developments in the banking and finance sector. We are confident our improved offering will reinforce our position as the go-to financial education institute for students and working professionals in the UAE and the wider region.”

Over the past few years, EIBFS has worked relentlessly to establish an extensive network of strategic international partnerships. Most notably, the Institute has a memorandum of understanding in place that enables its students to complete their last year of studies at Bangor University in the UK and obtain an internationally accredited bachelor's degree in Accounting and Banking from the institution.