IIBF Certification

Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of banks, financial institutions and their employees in India. The IIBF is one of the most unique institutes of its kind as it encompasses over 3,00,000 employees as individual members and about 700 banks and financial institutions as institutional members. The IIBF carries out its activities with the main mission to develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy/counselling and continuing professional development programs. 

IIBF Certificate Exam is particularly designed in collaboration with the Institute for financial management and research, Chennai. The idea behind this is to familiarize candidates with the basic level issues arising in the financing projects. Moreover, the exam focuses on risk analysis and risk mitigation methodologies with a specific emphasis on structured financing. 

Importance of IIBF Certification

IIBF certifications aim to encourage the general public with a view to enter into or make better use of the financial mainstream. It also helps the general public to make use of banking products and services in a much better way. IIBF also helps in ensuring the professionalism of all who undertake their courses by providing Continuing Professional Development programs. They also provide certification courses for BC/BFs thus contributing towards financial inclusion. Here are a few other reasons to choose IIBF certifications-

• Enhance competence
• Better career prospects
• Greater job satisfaction
• Improve performance
• Contribute to your bank’s success
• Maintain customer confidence

Market Demand for IIBF Certification 

In recent years, project financing has become one of the core activities of banking. With the continuous growth in the economy and the revival in the industrial sector intertwined with the increasing role of private constituents in the field of infrastructure, more and more banks are entering into the project finance area.

Further, the employers expect their workforce to be competent, flexible and increasingly productive, with a high quality of work produced. The customers expect high standards of service from the employees, which in turn increases the demand for IIBF professionals.