The Institute of Bankers of Zimbabwe

Our History

Our Mission is to educate current and future bankers to match the ever changing business environment.

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Our History Overview

Historically, the Institute of Bankers of Zimbabwe has had a long history of Association with the Institute of Bankers of South Africa (IOBSA) dating back to 1947 when the first branch of that Institute in this country was opened in Harare. In 1973, members of the Banking Institutions in Zimbabwe were members of the South African Institute or of the Institute of Bankers  in London, or of the Scottish Institute. With the establishment of the Institute came the formation of branches of the Institute in Bulawayo, Harare, and Mutare under the guidance of the Secretariat based in Harare. This action laid the basis for the future development towards autonomy and independence of the Zimbabwean Institute. 

Our History 3 August 1985

Winter Banking School | Troutbeck Inn, Nyanga, 31 July – 3 August, 1985

With the attainment of Independence in 1980, Council decided that efforts towards the localization of bankers examinations and of the administration should be accelerated. Council appointed the late Dr.N.A. Maraire as the Chief Executive of the Institute and a full time Secretariat.

Timeline

  1. 1947
  2. 1973
  3. 1980
  4. 1985
  5. 1986

  1. the first Branch of the Institute in this country was opened in Harare.

  2. the Institute of Bankers of Rhodesia was established.

  3. Council decided that efforts towards the localization of Bankers’ examinations and administration should be accelerated.

  4. The first localized examinations were conducted in October 1985.

  5. Full localization was achieved in October 1986.

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