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Our Story

Our Story

This edifice is older than 50 years Founded in 1973 by a resolution of the Board of Directors of the Central Bank of Libya, were the Institute of Banking and Financial Training and Studies (IBFTS) began its journey with a clear mission: to shape the future of Libya’s banking and financial sector. Established as an independent, non-profit public institution with its own legal identity, the Institute operates under the administrative affiliation of the Central Bank of Libya, serving as a trusted pillar of capacity building and professional development.

From its earliest days, IBFTS has focused on preparing, qualifying, and training professionals, believing that strong institutions are built on capable and well-trained human resources. Over the years, it has played a vital role in developing skilled personnel for the Libyan banking and financial system, responding to the sector’s evolving needs with specialized programs and practical training.

Beyond education, the Institute has expanded its role as a center of expertise by offering consultations in banking, finance, and administration. Through the organization of conferences, seminars, and workshops—often in cooperation with local and international universities and institutes—IBFTS has created a platform for knowledge exchange and professional dialogue.

The Institute also awards professional diplomas in a wide range of banking specializations, in collaboration with regional and international training institutions, ensuring that its graduates meet recognized professional standards. To further support the sector, IBFTS provides specialized English language courses tailored to business, finance, and banking, alongside computer training programs that focus on operating systems and applications used within Libyan banks, delivered in partnership with international computer institutions.

Through decades of commitment and growth, IBFTS has remained dedicated to empowering individuals, strengthening institutions, and contributing to the sustainable development of Libya’s banking and financial landscape.

The Institute logo has changed over the years

  • The first logo takes the shape of the stamp template as a circled shape in the upper side is written Central Bank of Libya and the lower side Is written the first name of the institute which was Institute of Banking Studies, The Centre of the logo is the first alphabets of the words of the name of the institute in Arabic which are ( م د  م )  collected together to make a united shape.

  • The second logo of the institute was (The institute of Banking Studies), written with a calligraphy design in a golden color with a white background connected on a beautiful way to match the logo of the design of the Central Bank of Libya logo which is written in Arabic Calligraphy.

  • The third logo was in 2024 of the Institute is the same style of the third logo but added an extra word (Training) that is when the name became the Institute of Banking and Financial Training Studies also in gold but with a navy blue background.

 

 

 

  • Logo number four was created 2026 for the first time the institute creates a logo in English and for the first time the logo includes an icon, as the logo contained the first alphabets of the words of the name of the institute and the icon that was chosen was a pillar to be replaced as an I, not just because it looks like an I, But Pillars are one of the most famous pieces in archeological site circulated in Libya and the Libyan history and the pillar in the Logo express Strength, Durability, Knowledge and Wisdom. besides, the designer chose the graduation cap to be part of the pillar.

 

 

 

General Directors over the years

Dr.Omar AbuShaala 2006-2012

Mr.hadia Mansour 2012- 2015

Mr.Eyad Salim 2015

Mr.Sulaiman Baktos 2016-2020

Dr. Fathi Agob 2020- 2024

Mr.Ahmed Otman 2024- till date

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Ramadan Kareem (Imsakiyah)