The Capacity Building and Certification Division is in charge of
conducting/administering the entire examinations of the Chartered Institute of Bankers of Nigeria (CIBN).
Although the history of the CIBN dates back to November, 1963,
when it was established as a local centre of The Chartered Institute of Bankers, London, its first indigenous examination commenced with the Foundation Stage in April 1978 while the Professional examination was held for the first time in April 1984 with two candidates qualifying as Associates. Before 1978, the Institute only conducted the examination on behalf of the Chartered Institute of Bankers, London.
The Statutory responsibilities of the Institute are to determine the standards of knowledge and skills to be attained by persons seeking to become member of the banking profession as well as conduct professional examinations leading to the award of certificates as may be prescribed by the Institute.
The objective of the Institute’s examination therefore is to deepen knowledge and enhance the quality of competencies of human capacity in the banking industry through the various certifications approved by the Governing Council from time to time.
Candidature is open to all individuals from all disciplines and all sectors of the economy who are interested in becoming Professional/Chartered Bankers, provided they meet the minimum qualification requirements approved by the Governing Council from time to time and must have registered as student members. The membership registration number obtained will be used as examination number at the commencement of writing the examinations.
The minimum qualification for the Institute’s examinations is first degree, equivalent professional qualification accepted by the Institute or any other equivalent qualification from reputable and recognized institutions.
Over the years, the Institute’s examinations were conducted via Computer Based Testing (CBT). However, to align with global best practices, the Institute took a strategic step to administer its examinations using the Remote Online Proctoring Platform.
This was successfully piloted during the October 2022 Diet Examinations with the Certification Programmes and was fully implemented in April 2023 in all the examinations. The objective of this initiative is to make the examination processes more flexible and convenient.
Examinations are NO LONGER TAKEN AT A PHYSICAL EXAMINATION VENUE. Candidates are at liberty to write the examinations in any comfortable/suitable serene environment of their choice without being restricted to a particular location or confinement.
In the same vein, The Governing Council recently approved the conduct of four (4) diets annually, i.e. February, April, July and October. Only the certification programmes (excluding Microfinance) will be administered for the four (4) diets in 2025, the ACIB and Microfinance Examinations will be conducted in April and October as usual. Full implementation will commence in 2026.
Banking Professional Examinations
Currently, the Institute’s Banking Professional examinations are in three stages viz: Diploma, Intermediate Professional and Chartered Banker Levels:
This level consists of the following four (4) subjects: Economics of Banking & Finance, Customer Service and Relationship Management, Banking Law & Regulation and Ethics, Corporate Governance and Professionalism.
The objectives of the examination at the Diploma level include:
The level consists of the following four (4) subjects: Digital Banking, Enterprise Risk Management, Fintech and Finance in the Global Market.
The objective of this level of the examination is to provide candidates with the professional knowledge and skills required to take up middle management roles in the banking and finance industry.
The Chartered Banker Level consists of five (5) subjects and eight (8) elective subjects out of which a candidate is expected to select only one. Elective modules are as follows: Bank Audit & Compliance, Agency Banking, Infrastructure Finance, SME Finance, Agricultural & Rural Banking, Human Resource Management, Central Banking/ Deposit Insurance System and Public Sector Finance.
The core subjects include Corporate Financial Services, Bank Management & Strategy, Lending & Credit Management, Applied Banking and Experiential Learning Module. The objective of this level is to provide candidates with the requisite professional knowledge, skills and competencies required for senior management roles in the industry. Successful completion of the three stages of the examinations will lead to the award of the Flagship Certificate known as the Associateship of the Chartered Institute of Bankers (ACIB).
The examination is in three stages viz: Diploma, Intermediate Professional and Chartered Banker Levels. Successful completion of the three stages of the examination will lead to the award of the Certificate known as the Associateship of the Chartered Institute of Bankers (ACIB). Graduates can register as Student Members and prepare towards sitting for Professional in Banking Examination.
A minimum of a first degree in any discipline, BSc. /HND or any approved professional qualifications for Professional (Student Members).
The Microfinance Certificate Examination is in two stages viz: Microfinance I and Microfinance II. Successful completion of the two stages of the examination will lead to the award of the Certificate known as the Microfinance Certificate.
School Certificate W.A.C.E, OND, Undergraduates for Certificate in Banking (Ordinary Members)
This route is open to holders of the Institute’s Diploma, HND/BSc, MSc, MBA, Ph.D. etc. as well as recognized professional qualifications.
The route allows graduates of Banking & Finance and other Social and Management Sciences, specifically Business Administration, Accounting, Economics and Marketing of a partnering institution to be examined in a few subjects in the institute’s banking professional examinations.
This route allows practitioners who have spent not less than 10 years and have attained a minimum of manager grade with relevant academic/professional qualifications to be examined in few subjects and qualify as professional bankers (ACIB).
Click here to register for the Banking Professional [ACIB] Examination
Kindly click here to download the new ACIB syllabus
This level consists of the following four (4) subjects: Economics of Banking & Finance, Customer Service and Relationship Management, Banking Law & Regulation and Ethics, Corporate Governance and Professionalism.
The objectives of the examination at the Diploma level include:
The level consists of the following four (4) subjects: Digital Banking, Enterprise Risk Management, Fintech and Finance in the Global Market.
The objective of this level of the examination is to provide candidates with the professional knowledge and skills required to take up middle management roles in the banking and finance industry.
The Chartered Banker Level consists of five (5) subjects and eight (8) elective subjects out of which a candidate is expected to select only one. Elective modules are as follows: Bank Audit & Compliance, Agency Banking, Infrastructure Finance, SME Finance, Agricultural & Rural Banking, Human Resource Management, Central Banking/ Deposit Insurance System and Public Sector Finance.
The core subjects include: Corporate Financial Services, Bank Management & Strategy, Lending & Credit Management, Applied Banking and Experiential Learning Module. The objective of this level is to provide candidates with the requisite professional knowledge, skills and competencies required for senior management roles in the industry. Successful completion of the three stages of the examinations will lead to the award of the Flagship Certificate known as the Associateship of the Chartered Institute of Bankers (ACIB).
You can click here to download the Banking Professional [ACIB] Examination Form
Kindly click here to download the new ACIB syllabus
You can click here to download the Banking Professional [ACIB] Examination Form
Kindly click here to download the new ACIB syllabus
