Cairo: Accentuating its leading role in developing the human capital of the banking ecosystem through providing state-of-the-art training solutions, the Egyptian Banking Institute (EBI), the official training arm of the Central Bank of Egypt, has been awarded the “Best Financial Training Service Company” by International Finance Magazine; a premier business media services provider and finance magazine.
Dr. Abdelaziz Nossier, EBI’s Executive Director, expressed his happiness to receive this award, stating; “Being granted this award acknowledges EBI’s continuous organizational commitment to offering state-of-the-art quality training solutions and adherence to international quality standards; keeping in line with the latest industry international best practices in cooperation with international organizations that have a leading role in the fields of financial and banking training.” Dr. Nossier also added, “It is with pride that several Egyptian banking and financial institutions were present at the 10th Annual International Finance Awards ceremony, where a number of banks have won awards, showcasing the strength of the Egyptian banking sector in overcoming barriers and risks.”
The award winners have been carefully selected by a qualified team based on several factors, such as previous organization achievements, competitiveness, commitment and innovation, all of which are main competencies tied EBI’s success factors.
It is worth mentioning that this award is the third of its kind to be awarded to EBI, as the institute has been previously chosen as the “Best Financial Training Institute in MENA Region” by Capital Finance International (CFI) and awarded the “Best Companies Award” at the prestigious Education 2.0 Conference.
Dr. Nossier added: “Receiving these awards is an acknowledgment of EBI’s corporate excellence and encouraging incentive towards achieving the institute’s vision of becoming the preferred partner for developing the human capital of the banking ecosystem in Egypt, and the lighthouse for banking sector development across strategic African and Arab countries.
The Egyptian Banking Institute (EBI) was established in 1991 by the Central Bank of Egypt (CBE) to act as its official training arm with a vision to be the preferred partner for developing the human capital of the banking ecosystem in Egypt, and the lighthouse for banking sector development across strategic African and Arab countries, through mirroring the latest international banking trends.
The unique blend of the Board of Directors, headed by the Governor of the Central Bank of Egypt, H.E. Mr. Hassan Abdallah, sets EBI in a leading position. EBI’s Board is composed of 8 members consisting of the bank’s chairmen and industry leaders possessing a high level of diversified expertise.
Crowning the continuous organizational commitment for quality training and adherence to international quality standards, in 2009 EBI was the first accredited financial training institute in Egypt and the MENA region by the Accrediting Council for Continuing Education and Training (ACCET) for five years. EBI succeeded in obtaining reaccreditation for 2 more terms ending in 2024. In addition to this, EBI’s Interactive Distance Learning (IDL) instructional methodology and e-learning programs have been also accredited by ACCET in 2021.
In 2021 EBI has been chosen as the “Best Financial Training Institute in MENA Region” by Capital Finance International (CFI) for its commitment to offering state-of-the-art quality training solutions and adherence to international quality standards; keeping in line with the latest industry international best practices & amplifying EBI’s activities to support African banking sector human capital development. CFI is a print journal and online resource reporting on business, economics, and finance headquartered in London. In 2022, EBI has been awarded the “Best Companies Award” at the prestigious Education 2.0 Conference held in Dubai as part of its prominent role in the field of financial and banking training for reforming and improving global education. The award’s selection criteria included meeting Industry Reputation, Innovation in Education and Training Methods, Financial Status, Competitiveness, and Management Strength. EBI continues to develop its training programs to stay abreast with the technological and training trends to support the development of human capital in the banking sector in Egypt and in Africa. EBI has also been awarded the “Best Financial Training Service Company” by International Finance at the 10th Annual International Finance Awards as an acknowledgment of EBI’s corporate excellence & contribution to the development of the human capital of the banking ecosystem in Egypt & Africa through offering state-of-the-art quality training solutions, in addition to its commitment to recognizing industry talent & leadership skills.
With a mandate to develop human capital in the banking sector, EBI excels in providing state-of-the-art training solutions in line with the latest industry international best practices in areas of banking, management, leadership, information technology, and SMEs. In 2015, EBI expanded its offerings by launching a diversified portfolio of Assessment services and partnering with leading international providers, with the goal of availing various assessment tools for the purpose of recruitment, promotion, or development. EBI also provides a wide range of diversified activities and services to disseminate knowledge and raise awareness on the latest industry trends.
EBI takes pride in its continuous efforts to amplify its activities across the African continent with the goal to support the African banking sector human capital development. Under the auspices of the Central Bank of Egypt, EBI provided its training services 44 countries with more than 4000 African trainees and takes pride in its partnership with leading African banking institutes to enhance knowledge sharing across the continent.
As a community responsible institution, EBI’s CSR activities evolved throughout the years focusing on financial literacy and supporting people with special needs. Shaping the Future initiative was launched in 2012, under the auspices of the Central Bank of Egypt to spread financial awareness and enhance people’s capability to manage their finances, understand and use different financial services and thereby contribute to financial inclusion. In 2020 Basira initiative was launched to facilitate the studying process for visually impaired students. In 2021 EBI launched Etaha initiative to support creating a diversified working environment and act as a link between people with special needs searching for job opportunities and the banking sector.