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As from 2017, the participation in the Lifelong Learning - CPD Seminar program of ABA (American Banking Association) will be mandatory for our graduates who wish to maintain the effectiveness/update of their ABA Professional Banking Certificates.
Annual registration for participation in the Lifelong Learning - CPD Seminar program commences the first week of January and completed by the end of April. The Application Form should be delivered or sent to the Secretariat of the Institute.
Holders of the ABA professional Certificates, who will not register within the predetermined period, will not be entitled for late entry in the Lifelong Learning - CPD Seminar program and hence their Certificates would not be considered as effective/updated. Exceptionally, and where there is a compelling reason (e.g. illness), the IBS Academic Committee has the right to permit late registration for participation. Each case will be examined separately and a specific decision will be taken.
In the event that someone wishes to suspend her/his participation from the Lifelong Learning - CPD program she/he should inform in writing the Secretariat of the Institute indicating the reasons for which she/he wishes the suspension. The request will be examined by the Academic Committee, which will make a decision according to the circumstances of each case.
Each participant is obliged to attend at least two seminars per year. Otherwise the participant will be excluded from the program and hence her/his certificate would not be considered as effective/updated.
At the end of each year a list will be sent to each employer with the names of those their certificates are effective/updated.
The annual seminar schedule is announced by the Secretariat and is published promptly on the website of the Institute Of Banking Studies Cyprus (IBS Cyprus).Non-participation in the Lifelong Learning seminars’ program of the American Bankers Association does not mean withdrawal or cancellation of the Certificates held. American Bankers Association certificates are valid for life.
Effectiveness/Update of ABA Certificates