Institute of Banking and Finance of Trinidad and Tobago (IBF) is a not-for-profit
awarding body, established in 1984, to assist the advancement of the banking
and finance professions through its offerings of professional education
programmes and corporate training services.
Institute is managed by a Council of representatives from Citibank (Trinidad
and Tobago) Limited, First Citizens Bank Limited, Intercommercial Bank Limited, RBC Royal Bank (Trinidad and Tobago) Limited, Republic Bank Limited, Scotiabank
Trinidad and Tobago Limited, the Central Bank of Trinidad and Tobago and the
University of the West Indies. The operations of the Institute are headed by
Chief Executive Officer Mrs. Karen Williams - Hall with the support of a full-time
The Institute of Banking of Trinidad and Tobago was established to promote and advance the banking profession and matters of interest to bankers by contributing to the continued development of the study and practice of banking. The primary objective was the development of professional education for bankers.
The idea of a school for bankers was born in 1974 but remained in an ‘orphan’ state until the National Institute of Higher Education, Research, Science and Technology (NIHERST), founded in 1978, adopted the idea and hosted the first inter-bank seminar in October 1981. After several inter-bank working committee meetings, the agreement to formally establish the Institute of Banking of Trinidad and Tobago was signed on July 31st 1984.
By the end of the 1990's, the Institute had recognized that the rigid lines that once divided banking from the rest of the financial services sector had begun to fade. A special resolution was passed by the Council to expand the mandate of the organization to include the wider financial sector and this was reflected in the name change from the Institute of Banking of Trinidad and Tobago to the “Institute of Banking and Finance of Trinidad and Tobago.”
“To facilitate the continuous development of banking and finance professionals and to promote high standards of knowledge, skills and conduct to meet the demands of a changing financial industry.”
“To be the preferred learning institution for Financial Service Professionals”