NBK

The Budapest Institute of Banking (BIB) and the International Training Center for Bankers (ITCB) have concluded a professional cooperation agreement for the mutual benefit of professional synergies. In the future, companies will jointly develop theoretical and practical knowledge base for banking and financial education and will coordinate the most effective teaching methodologies in order to strengthen the role of Budapest in the region's further training market.

In the summer of 2017, the Budapest Stock Exchange and the Hungarian National Bank decided to establish a new educational subsidiary in order to improve the professional qualification of the financial system. Resulting the stability of the system, and to modernize financial education and examination. The Budapest Institute of Banking (BIB) was the result of the social responsibility goals set by the founders at the same time it meets the market training needs. Its operation is based on modern, experience-based education and the acquisition of quality knowledge.

The International Training Center for Bankers is the first banking training institution in Eastern Europe with more than 30 years of national and international education experience. The ITCB's broad-based education profile is recognized by the market as a high level of professionalism in risk management courses. In addition to accredited national qualifications and diploma courses, there are internationally accredited banking and investment programs in the ITCB training education palette.

At the beginning of October, the International Training Center for Bankers and the Budapest Institute of Banking concluded a long-term cooperation agreement for the mutual benefit of professional synergies.

"Through this agreement, the two institutions cooperate to develop the theoretical and practical knowledge base for banking and financial training and to develop a high-quality experience-based teaching methodology, first in the area of financial risk management." - said Béla Öcsi, Chief Executive Officer of ITCB.

Gergely Fábián, Chief Executive Officer of BIB, emphasized that the real winners of the cooperation between the two educational institutions will be the banks, financial institutions and customers of their services. It is a common goal that both educational institutions provide the highest quality education for the domestic financial sector and increase Budapest's role in the banking and financial market in the region and beyond.