The London Institute of Banking & Finance - Financial definition
Financial acronyms
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Concise definition of the term The London Institute of Banking & Finance
The London Institute of Banking & Finance is an educational body for the financial sector in the UK.
Comprehensive definition of the term The London Institute of Banking & Finance
The institution was founded in 1879 as the Institute of Bankers. It gained its Royal Charter in 1987 and in 1996 developed the first professional award linked to a university degree.
In 1997 the name was changed to the Institute of Financial Services (IFS), reflecting a broadening of its services. In 2013, it was granted University College title and became IFS University College.
In September 2016, after a comprehensive strategic review, a new brand and identity were launched and the name changed to The London Institute of Banking & Finance.