Home » EIBFS expands trainee pool to 35,000 banking and financial professionals during 2022

EIBFS expands trainee pool to 35,000 banking and financial professionals during 2022

by Dubaiforum

SHARJAH, 10th February, 2023 (WAM) — The Emirates Institute for Banking and Financial Studies (EIBFS) has announced the completion of successful training of over 35,000 professionals working in the country’s banking and financial sector in the fiscal year 2022.

Over 13,600 UAE nationals registered for the EIBFS programmes between January and December 2022 and completed their training. This constituted 40% of the total number of participants and comprised 85% female and 15% male UAE Nationals.

A total of 166 training programmes were provided by EIBFS during 2022, including top-tier courses such as the Banking Annual Training Programme, Insurance Annual Training Programme, learning pathways, privately owned programmes, professional specialised certifications, and 7 Emiritisations courses.

According to the 2022 yearend report, the number of trainees in the in-class sessions was 27,741, while the number of trainees who enrolled in the EIBFS E-learning platform (Insight) was 6,396.

Talking about the achievements, Noura Alblooshi, Acting General Manager of EIBFS, said, “We are extremely pleased to report that approximately 35,000 profesionals participated in our training programmes during 2022. The EIBFS has achieved the distinction of being one of the biggest financial and banking training institutions in the region. The fact is that EIBFS has been at the vanguard of Emiratisation plans in the UAE banking industry, training over 13,600 Emiratis this year alone, shows how much the institute has contributed to the national goals of creating the Emirati talent pool.”

She added, “Every year, we curate our training programmes based on the changing, dynamic needs of the regional and global financial markets. This approach has worked well for us, helping us in our quest to support the professional growth of individuals associated with the banking and finance sector.”

Alblooshi added, “We have noticed a significant increase in the number of Emirati participants, which is consistent with our commitment to support the UAE’s 2030 agenda and the vision of the wise leadership of the country to enhance the professional abilities and qualifications of the national cadres.”

To achieve its overall goals, the EIBFS Annual Training Plan is created annually to help financial and banking professionals develop their specialised skill sets and better serve the UAE’s expanding banking ecosystem.

The programmes offer a selection of professional certificates, international certificates, learning bundles, and ‘Insight’ E-learning. Full-fledged courses, micro-learning modules, and self-paced learning alternatives are available to trainees.

By offering top-notch education and training programmes for the banking and finance business throughout the years, EIBFS has been able to carve out a niche for itself in the UAE as well as the Gulf and Middle East. Over the past 40 years, it has trained roughly 300,000 banking professionals and thousands of learners who have benefited from EIBFS by expediting their professional progression in the banking and financial services.

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