
06/10/2025
BIBF and Libya’s IBFTS Forge Strategic Partnership to Boost Regional Financial Training
Manama: The Bahrain Institute of Banking and Finance (BIBF) has signed a strategic Memorandum of Understanding (MoU) with Libya’s Institute of Banking and Financial Training and Studies (IBFTS), aimed at strengthening cooperation in financial education, training, and professional development across the region.
The MoU was signed by Dr. Ahmed Al Shaikh, CEO of BIBF, and Mr. Ahmed Othman, General Manager of IBFTS, during an official ceremony attended by senior officials from both institutions.
This strategic agreement sets the foundation for a collaborative framework focused on:
Designing and delivering joint training programmes tailored to the evolving banking and finance landscape.
Exchanging expertise, knowledge, and best practices in professional education.
Exploring opportunities for student and staff exchanges, as well as joint workshops and conferences.
Dr. Ahmed Al Shaikh highlighted the importance of regional collaboration, stating: “This partnership reinforces our mission to support financial sector advancement through education. Working alongside IBFTS will help build a pool of highly skilled professionals, contributing to the economic growth of both Bahrain and Libya.”
Mr. Ahmed Othman added: “We are proud to partner with BIBF, a leading name in the financial training sector. This collaboration gives our professionals access to international standards in learning, boosting the resilience and capability of Libya’s financial industry.”
The agreement also reflects BIBF’s commitment to expanding its global outreach and supporting sustainable development through human capital growth and regional cooperation. The collaboration aligns with both institutions’ vision to raise professional standards and equip the workforce with skills necessary for modern banking and finance challenges.
Visit: Times of Bahrain