Established in 1988 as the professional and educational body for the banking and the financial services industry in Namibia, the Institute is the leader in providing industry-focused training programs and certifications. The Institute is the only national association devoted exclusively to representing and advancing the interests of the banking community throughout Namibia.
All Namibian banks are members of the Institute. Institute member banks also inject billions of Namibia dollars each year into the economies of major cities across the country through the direct employment of over 3000 employees, as well as through other operating and capital expenditures.During its 20 years of service, IOB has emerged as a premier institute in banking education for those employed as well as seeking employment in the sector, aiming for professional excellence. Since inception, the Institute through its qualifications has educated numerous members and awarded several banking qualifications, viz., Certificates and Diplomas in specialized areas and helped them to sustain their professionalism through professional qualifications.
As a professional body, IOB ensures that its members are given updated information about the profession they practice. Towards this end, the Institute offers a weekly e-news letter called “The Banker”, a monthly bulletin – “IOB Vision”, a quarterly journal - “IOB Journal”. The Institute organizes Seminars, Conferences, Symposiums, Public Lecturers in collaboration with other leading educational institutions.The Institute is managed by a Governing Council comprising the CEOs of all banks operating in Namibia.