Chartered Banker Institute

{{Short description|UK-based professional banking institute}} {{Use dmy dates|date=March 2017}} {{Use British English|date=March 2017}} {{Infobox company | name = Chartered Banker Institute | founded = 1875 | hq_location_city = Edinburgh | hq_location_country = United Kingdom | website = {{URL|charteredbanker.com}} }}

The '''Chartered Banker Institute''' was established in 1875 and is the oldest professional banking institute in the world.<ref>{{cite web |url=https://www.scotbanks.org.uk/history/banking-history.html |title=Banking History |first=Charles W |last= Munn |website=www.scotbanks.org.uk |publisher=The Committee of Scottish Bankers |accessdate=12 August 2020}}</ref>. It aims to help rebuild public confidence in banks and bankers by developing and embedding high ethical, professional and technical standards.<ref>{{cite web|url=http://www.charteredbanker.com |title=Chartered Institute of Bankers |publisher=Charteredbanker.com |date=2011-02-14 |accessdate=2011-03-15}}</ref> The institute offers a range of qualifications for banking and financial services.

==History== The organisation was formed in 1875 as the '''Institute of Bankers in Scotland'''. In 1976, a first royal charter was awarded and it became the '''Chartered Institute of Bankers in Scotland'''.<ref>{{cite web |url=https://mk0privycouncilpmjhh.kinstacdn.com/wp-content/uploads/2020/05/List-of-Charters-Granted.pdf |title=list of Charters Granted |publisher=Privy Council |website=privycouncil.independent.gov.uk |page=52 |accessdate=12 August 2020}}</ref>

In 2011, the Institute led the establishment of the Chartered Banker Professional Standards Board (CB:PSB) an initiative supported by eight UK banks and covering 350,000 individuals working in the banking sector.<ref>{{cite web|url=https://www.charteredbanker.com/the-institute.html|publisher=Charteredbanker.com |title=Chartered Bank about us|date=2011-02-14 |accessdate=2015-01-14}}</ref> The CB:PSB develops and supports the implementation of industry-wide professional standards which set out the knowledge, skills, attitudes and behaviours expected of all UK bankers.

Based in Edinburgh, the institute has more than 25,000 members in iver 100 countries. {{As of|2025}} there were around one thousand fellows, who may use the post-nominals '''FCBI'''.<ref>{{cite web |title=Routes to Chartered Banker > Membership > Become a Fellow |url=https://www.charteredbanker.com/routes-to-chartered-banker/membership/become-a-fellow.html |accessdate=12 August 2020 |website=www.charteredbanker.com |publisher=Chartered Banker Institute}}</ref>

==Qualifications== The Chartered Banker Institute provides a wide range of qualifications for banking and financial services. It is responsible for awarding '''Chartered Banker''' designation to qualified bankers, a protected title.<ref>{{cite web |url=https://ec.europa.eu/growth/tools-databases/regprof/index.cfm?action=regprof&id_regprof=3621 |title=Regulated Professions database: Chartered Banker (United Kingdom) |publisher=European Commission|accessdate=12 August 2020}}</ref> As a professional body it is authorised by the UK Privy Council to award this designation.<ref>{{cite web |url=http://www.charteredbanker.com/MainWebSite/CIOBe567bb5f.aspx?Map=C2E55497592202F488F03ADD9CFFB04B |archive-url=https://archive.today/20130119001301/http://www.charteredbanker.com/MainWebSite/CIOBe567bb5f.aspx?Map=C2E55497592202F488F03ADD9CFFB04B |url-status=dead |archive-date=2013-01-19 |title=Chartered Institute of Bankers |publisher=Charteredbanker.com |date= |accessdate=2011-03-15 }}</ref>

===Chartered Banker=== Chartered Banker is the professional qualification awarded to qualified members of the Chartered Banker Institute.<ref>{{cite web |url=http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=DAEB20E4BF8BC59897396248899F8F96 |archive-url=https://archive.today/20120729215913/http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=DAEB20E4BF8BC59897396248899F8F96 |url-status=dead |archive-date=2012-07-29 |title=What is a CB |publisher=Charteredbanker.com |date= |accessdate=2011-03-15 }}</ref> 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.<ref>{{cite web |url=http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=8604B573BFA5D10216214804A96C6CCA |archive-url=https://archive.today/20120729013806/http://www.charteredbanker.com/MainWebSite/CIOB2d55575b.aspx?Map=8604B573BFA5D10216214804A96C6CCA |url-status=dead |archive-date=2012-07-29 |title=Code of Conduct |publisher=Charteredbanker.com |date= |accessdate=2011-03-15 }}</ref>

===Chartered Banker MBA=== The Chartered Banker MBA, with Bangor University, is the only qualification in the world combining an MBA and Chartered Banker status.<ref>{{cite web|url=https://charteredbankermba.bangor.ac.uk/ |title=Chartered Banker MBA |website=Bangor.ac.uk|publisher=Bangor University |accessdate=12 August 2020}}</ref> When undertaking the Chartered Banker MBA, students study eight Compulsory Modules and four Electives to gain the 180 credits needed for the full degree and dual award of ‘Chartered Banker MBA’.

==References== {{reflist}}

==External links== * {{Official website}}

Category:1875 establishments in Scotland Category:Banking institutes Category:Banking in Scotland Category:Book publishing companies of Scotland Category:Organizations established in 1875 Category:Professional associations based in Scotland Category:Organisations based in Edinburgh