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Purpose

IOBSA Purpose

OUR PURPOSE

To build professional capital for the banking industry.

OUR VISION

To be an industry capacity builder, through certification and support of bankers. An integrator of professional ethics, conduct and a facilitator of Continuous Professional Development.

Who we are? 

“We are a member-centric professional body that exists for members that seek a career in the Banking and Financial Services sector

“The Institute of Bankers in SA is the sole professional body for Bankers and Financial Services Professionals in the Financial sector recognised by the South African Qualifications Authority (SAQA)”

“The early vision of the Institute was to form a body to educate bankers, as described by Mr. Mackenzie (the 1st President of IOBSA) as “a kind of Banking Club, where stimulants should be of an intellectual nature; a feast of reason and a flow of soul”. 

What we do?

A Professional Body is an organisation with individual members practicing a profession or occupation in which the organisation maintains an oversight of the knowledge, skills, conduct and practice of that profession or occupation.

A professional association seeks to further a particular profession, the interests of individuals engaged in that profession and the public interest.

Professional bodies offer student registration categories to enable those who are still studying towards a qualification in the field, to join and receive specific benefits such as training, development and networking opportunities

Why?

The face to face financial services professions in South Africa has minimal to non-visible structured growth plans for individuals in the sector

Technology driven initiatives lead customer service capabilities of the future

South Africa is a developing country with (Q3 2021) 34.9% unemployment rate, operating a 1st World-class highly competitive banking industry which is determined to drive technological changes

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