Chartered Institute of Bankers in Scotland

Chartered Institute of Bankers in Scotland

The Chartered Institute of Bankers in Scotland , which is now known as the Chartered Banker Institute, was established in 1875 and is the oldest banking institute in the world and the only remaining banking institute in the UK. It aims to help rebuild public confidence in banks and banking by developing and embedding high ethical, professional and technical standards. [1]

The Chartered Banker Institute provides a wide range of qualifications for banking and financial services, and is the only professional body to award the prestigious "Chartered Banker" designation. [2]

Based at Drumsheugh House in Edinburgh, the Institute has approximately 10,000 members in 35 countries.

Contents

Purpose

It is a professional body for bankers in the UK and overseas.

Chartered Banker

Chartered Banker is the professional qualification awarded to qualified members of the Chartered Banker Institute.[3] To become a Chartered Banker, individuals must pass a series of rigorous examinations on subjects including ethics, credit and lending, risk management and management and leadership. Chartered Bankers are required to complete a minimum of 35 hours of continuing professional development (CPD) per year, including 5 hours of ethics training, and subscribe to the Chartered Banker Code of Professional Conduct.[4] There are approximately 5,000 Chartered Bankers as of June 2011.

In 2008, the Chartered Banker Institute established a “Chartered Banker Fast-Track Accountancy Conversion Course” to Chartered Banker status for qualified accountants. To obtain the Chartered Banker designation, qualified accountants are only required to study and successfully complete 3 subjects designed to complement their existing accountancy qualification.

The Chartered Banker Institute appointed an exclusive partner – Success Institute of Higher Education and Professional Training Limited to offer this course in Hong Kong. The course has been registered under the Hong Kong non-local higher and professional education (regulation) ordinance and the course registration number is 351892.

See also

References

  1. ^ "Chartered Institute of Bankers". Charteredbanker.com. 2011-02-14. http://www.charteredbanker.com. Retrieved 2011-03-15. 
  2. ^ "Chartered Institute of Bankers". Charteredbanker.com. http://www.charteredbanker.com/MainWebSite/CIOBe567bb5f.aspx?Map=C2E55497592202F488F03ADD9CFFB04B. Retrieved 2011-03-15. 
  3. ^ "What is a CB". Charteredbanker.com. http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=DAEB20E4BF8BC59897396248899F8F96. Retrieved 2011-03-15. 
  4. ^ "Code of Conduct". Charteredbanker.com. http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=8604B573BFA5D10216214804A96C6CCA. Retrieved 2011-03-15. 

External links



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