Egyptian Banking Institute 4.79

The Egyptian Banking Institute (EBI) was established in 1991 by the Central Bank of Egypt (CBE) to act as its official training arm and apply the international best practices in developing the technical and managerial skills of financial service professionals with a vision to be the premier financial services training and research center in Egypt and the surrounding region.

In April 2009, EBI received its first accreditation for a 5-years term by the Accrediting Council for Continuing Education and Training (ACCET) to become the first accredited financial training institute in Egypt and the region, ensuring adherence to international quality standards. In December 2014, EBI was re-accredited for a new term of 5 years.

As a one-stop training center, EBI masters various training areas with its edge in banking training complemented by managerial, leadership, IT training, and two specialized training units for SME and Corporate Governance. In addition, EBI offers review courses, certificates and contractual programs, each created with top-class skills and knowledge in alignment with international standards. EBI has also established an Assessment and Development services center providing unique evaluation and development services for institutions, whether for the purpose of hiring, promotions, or determining the adequate training for employees for their development.

With a strong network in the MENA region, EBI established the Arab Banking Training Network (ABTN) and is a member in the African Institute of Bankers and the European Banking Training Network (EBTN).

As a community responsible institution, EBI launched Shaping the Future in 2012, a National initiative under the auspices of the Central Bank of Egypt to enhance and implement Financial Literacy and the development of Friendly Financial Products for Children and Youth in Egypt and the Middle East. In addition to recognizing the importance of youth employment, CBE launched Training for Employment initiative in accordance with EBI to students in public universities with the aim of bridging the gap between academic education and the labor market requirements through financial literacy awareness sessions. Furthermore, EBI also launched an Entrepreneurship and SME initiative for college students and fresh graduates aimed at building their skills through a series of training courses in line with the country’s efforts in focusing on SMEs given its contribution in reducing unemployment rates.