Institute of Banking Studies

The Central Bank of Jordan began in 1965 to study the necessary means of setting up a team for theoretical and practical training aimed at promoting human cadres of the banking and financial sector and study its employees needs and satisfy their desires to advance their scientific and practical abilities . These efforts culminated in the creation of the Institute of Banking Studies in accordance with Article (37) Paragraph (d) of the Central Bank of Jordan Law and in accordance with the Institute,s Articles of Association No. (69) issued on 1970. The Institute was officially inaugurated on October 9, 1971 and was housed then at the Central Bank,s premises. In the early 1990,s , the Institute witnessed a new stage ; the construction of the Institute,s permanent headquarter in Tla,a Al Ali , a suburb of the capital Amman . The complex was constructed on an eight dunums plot of land and comprised of administration units, academic and training activities halls, library, laboratories, cafeteria, health clinic and a multipurpose hall. Also , the Institute has two branches, one in Irbid and the other in Aqaba. The purpose of these branches is to widen the distribution of academic and training activities conducted by the Institute to cover the various regions of the Kingdom. In order to spread the benefits derived from the academic and training activities, the Institute of Banking Studies management expanded the Institute,s training and academic umbrella until the end of 2011 to include, in addition to the Central Bank of Jordan and the licensed banks in Jordan and specialized credit institutions, numerous financial institutions, ministries, public corporations, private investment companies, Amman Financial Market,s institutions, brokerage firms, the Social Security Corporation, in addition to insurance companies and foreign exchange companies and number of developmental organizations and non-governmental organizations working in microfinance and developing rural societies in Jordan .