ABOUT IBBM

The PNG Institute of Banking and Business Management (IBBM), formerly established as the Bankers’ College
in 1965 by the Reserve Bank of Australia, IBBM is now the leading professional body for the banking, financial services and resource industry in PNG.

We deliver programs in PNG in partnership with Torrens University Australia, TAFE Queensland, Frankfurt School of Finance and Management, Massey University New Zealand, Indian Institute of Banking and Finance and others.

Governed by a Board comprising of Chairman, who is the Governor of Bank of PNG, Board Members who are CEOs from all commercial and national banks of PNG and the resource sector companies as Corporate Members, our focus is on elevating professional and ethical standards of our members towards uplifting the training and education landscape in PNG.

We aim to be the centre of excellence through professionalism, service, innovation and continuous improvement. To this end, our deliverables are aligned to industry needs, attuned to cultural changes as well as the evolving landscape of PNG businesses. IBBM’s Continuing Professional Development programs provide progression pportunities that systematically equip participants with the skills they need as they progress in their careers. The programmes are localised, customised and comprehensive; catering to various levels in the banking, resource and services industry.

We are a Not-For-Profit Organization.

 

 

IBBM is an incorporated association under the PNG Associations Incorporation Act as an Association of Members.

An accredited Institute of Higher Education in PNG by the Department of Higher Education, Science, Research and Technology from 2014-2016.

It is registered as a Training Provider (Certificate # NTC 001) by the PNG National Training Council Act and provides Soft-Skills Courses, Certificates and Diploma in Business, Management, Banking and Microfinance.

The PNG Education Act identifies IBBM as one of nation’s largest institutions with a global appeal.

It is a Permitted School under the PNG Education Act, a listed ‘place of tertiary education’ under Section 9B of the PNG Income Tax Act Regulations.

It is ISO 9001 certified in Quality Management Systems

It is a leader in provision of capacity building programs to both the PNG workforce through Corporate Training and PNG Small and Medium Enterprises through the PNG LNG Enterprise Centre.

 

VISION

To become a center of excellence in delivering professional development solutions in Papua New Guinea and Pacific.

MISSION

Serving the capacity building needs of businesses in PNG. Providing Banking, Finance and Management Training . Providing industry integrated, affordable and pragmatic education .

The fabric of IBBM is built on on four core values that helps it in delivering world-class education in Papua New Guinea. At IBBM, learning is a continuous process, the preservation of which is ensured through these four core values.

Honesty

An important virtue in the sphere of education. Being true to oneself and to others is the trait of an ideal personality as it is directly attributed to growth and development.

Excellence

Striving for excellence requires assumption of responsibility and hard-work. Reach distinction through these goal-oriented measures, gauge the progress through application of acquired knowledge, and then celebrate success.

Respect

Treat knowledge with reverence and look at gathering it as a divine process. Respecting the mode of knowledge gaining and the mediators is essential.

Leadership

Take charge of the status quo and apply commitment and determination to imbibe knowledge, skills, and real-world experience to build a brighter future. Develop an air of command and loyalty towards earning education

  • Accredited Institute of Higher Education in PNG 2014-2016.
  • Permitted School under the PNG Education Act, a listed ‘place of tertiary education’ under Section 9B of the PNG Income Tax Act Regulations.
  • Registered Training Provider (Certificate # NTC 001) under the PNG National Training Council Act.
  • It is ISO 9001 certified in Quality Management Systems.

System and Processes:

  • IBBM-HR Policy
  • Confidential Records Policy
  • Recruitment Policy
  • Child Protection Policy
  • Disability Policy
  • Gender Equality Policy
  • Intellectual Rights Policy
  • Procurement Policy
  • Students Appeals Policy
  • Alcohol and Drugs Policy
  • ISO 9001 Certified
  • IT Policy
  • Staff Rules and Regulation
  • Hiv Aids Policy
  • Staff Training Policy
  • DFAT (Aus AID) and Coffey for Manus Island Business Training
  • Asian Development Bank for Microfinance Competency Centre and Microfinance Expansion Centre
  • UN CDF (UN Capacity Development Fund) for Microfinance Training is 18 Pacific Countries
  • UN DP (UN Development Program) for Kumul Game Changers
  • Exxon Mobil (PNG LNG) for IBBM Enterprise Centre
  • EPSP (Economic and Private Sector Program)
  • Centre of Excellence in Financial Inclusion (CEFI)
  • Department of Defense, PNGDF and ADF for Diploma in Project Management
  • Department of Justice (NJSS)
  • Office of Climate Change and Development (OCCD)
  • IFC and BCFW for Networking and Mentoring Skills Programs

ORGANIZATION PROFILE

IBBM is an education provider delivering Certificate, Diploma, Degree and Masters Programs in partnership with TORRENS UNIVERSITY  AUSTRALIA and TAFE Queensland

IBBM is the longest established private sector training organization in PNG and is recognized as the Nation’s most prestigious provider of pragmatic, cost-effective training in administrative, finance, banking, commerce, supervisory and management skills since 1965.

1965

Bankers College

2008

IBBM Corporate Training

2001-2010

Microfinance Competency Centre

2010

IBBM Enterprise Centre

2011

Build 600 sqm Enterprise Centre

2012

E-Learning Centre

2013-2016

Microfinance Expansion Project

2014

Build 6 Residential Units

2014+

Australian MBA

2015

Partnership Torrens University Australia

2016

250 seater Auditorium

2017

Bachelors in Business

2019

Bachelor of Business Information Systems

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