All About Kenya Institute of Bankers

Kenya Institute of Bankers Description

The Kenya Institute of Bankers was established in 1979 under The Societies Act (Cap 108 of the Laws of Kenya), to replace the Chartered Institute of Bankers ( London ) as a provider of Banking Education and Training in Kenya.

The Institute is reputed as a professional Association for Banks and Financial Institutions in Kenya . Its membership profile includes the Banks and other Financial Corporate Institutions, bank employees and/or ordinary students. The Institute is the leading provider of banking education and training in Kenya and has over 5,000 members countrywide, amongst, whom are Associates (qualified members) and Fellows (distinguished Senior Bankers).

Mission Statement
To promote professional banking education through the co-ordination and provision of advanced knowledge and professional qualifications in banking and Finance.

Vision
To be the first choice for every bank or financial Institution in the provision of banking education and training in Kenya.

Objectives

The major objectives of the Institute as per its Articles of Incorporation and By-Laws are as follows:-
To promote standards of professional competence and practice amongst members of the Institute;
To promote the international recognition of the Institute;
To promote, encourage and provide opportunities for members to study and acquire knowledge of the theory and practice of banking and to facilitate the consideration and discussion of matters of interest to bankers and persons associated with banks and financial institutions;
To prepare syllabuses for Bankers examinations, to make rules with respect to examinations, to arrange and conduct examinations and issue certificates to candidates who have satisfied examination requirements;
To award prizes, certificates and diplomas to candidates who have passed the prescribed examinations of the Institute;
To exercise general supervision and control over banking education in Kenya and to advise the Government in relation to all aspects thereof;
To prescribe standards and policies for the conduct of professional examinations;
To constitute and confer honors, medals, certificates of merit and other awards on persons who shall have rendered distinguished service to the institute or made outstanding contributions to the objects of the institute provided such award or honor has received prior approval of the institute in a general meeting;
To foster the planning, organization and co-ordination of and to organize and conduct by way of training courses, professional training and education in Kenya in the field of banking;
To promote research in the field of banking and other related financial matters and the publication of books, periodicals, journals and articles in connection therewith;
To provide facilities for the reading, discussion and publication of approved papers by members of the Institute and others, and to arrange for the delivery of lectures and provision of instruction on banking, mercantile law, economics, foreign languages and other subjects of interest or practical use to bankers;
To fund and operate a library containing principally, works on banking, commerce, finance, economics and allied subject;
To confer, consult, communicate or co-operate with any other professional or educational institution, society or association with a view to the pursuit of common objects in banking and related subjects and to represent the banking profession both nationally and internationally;
To affiliate, as the Council deems fit, with any body or organization whether in Kenya or elsewhere whose interests and/or objects are similar, related or complementary to those of the Institute; and to promote recognition in foreign countries of the examinations conducted by the Institute.
To do such other things and take such measures as may be considered desirable in the interest of bankers and banking in Kenya.

Kenya Institute of Bankers – Contacts

College Name: Kenya Institute of Bankers

County: Nairobi County

Physical Address: Lyric House, Kimathi Street

Postal Address: P.O. Box 73530, Nairobi 00200

Telephone: 020-2160317, 313081, 313070

Mobile: 0707—339743, 0732-864349

E-mail: [email protected]

Website: http://kib.co.ke