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Alliance to offer retail banking certification

Dubai, December 5, 2012

The Emirates Institute of Banking and Finance Studies (EIBFS) and the International Academy of Retail Banking (IARB) have formed a partnership to provide education and certification to professionals working in the UAE’s retail banking industry.

IARB is a division of the London-based Lafferty Group, which provides education, research and intelligence in the fields of retail banking and payments to financial institutions worldwide.

It offers programmes and certifications for high achievers in the retail banking sector at three levels – foundation, intermediate and expert.

Retail bankers who have completed their studies successfully and passed the Expert examination of the academy will become members of IARB and become entitled to use the designation CIRB – Certified International Retail Banker.

Jamal Al-Jassmi, general manager of EIBFS, said the partnership with the IARB is a major development for the banking industry in the Gulf. “Banks in the region attach great importance to providing clients with world-class standards of retail banking. They support the concept of retail banking being a profession like accountancy and law”, he said.

Michael Lafferty, chairman of Lafferty Group, said: “The academy is dedicated to enabling the highest standards of professionalism in the conduct of retail banking. Members will also have access to an unmatched international network of professional retail bankers and to a specialist research facility. Lafferty is proud and honored to be working with the EIBFS.”

The academy has developed its own proprietary coursework and recruited a core faculty of senior retail bankers from around the world.

In 2013, academic programmes will be held in Dubai, Abu Dhabi, Saudi Arabia, Nigeria, South Africa and Egypt – as well as Indonesia, Singapore, Malaysia, Vietnam and the UK. – TradeArabia News Service




Tags: Dubai | Retail banking | Certification |

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