Online Examinations and Upcoming Changes to AICB’s Qualifications

The Asian Institute of Chartered Bankers (AICB) is pleased to announce the upcoming changes to its qualifications, as follows:

  1. Online Examinations: AICB has partnered with the Chartered Banker Institute (CBI) to deliver its examinations via Pearson VUE, one of the world’s largest and most experienced providers of online examinations. With effect from the September 2020 examination sitting, most of AICB’s paper-based examinations will be replaced by online examinations, which will be delivered by Pearson VUE via its network of examination centres and through remote proctoring. Briefing sessions will be organised for candidates to familiarise themselves with online examinations. Please click here for more details.
  2. Cessation of Executive Banker (EB): As part of AICB’s ongoing initiative to streamline its qualifications, the Executive Banker (EB) qualification will be discontinued and replaced with a new qualification. Further information on the new qualification will be announced next year. The final examination sitting for the EB modules is in November 2021. New applications for EB will no longer be accepted after 30 November 2020.
    The table below summarises the key dates for EB:

    Last intake for new EB candidates March 2021 examination
    Closing date for new EB applications 30 November 2020
    Closing date for EB examination registrations 30 December 2020
    Transition period for candidates to complete EB September 2020 examination – November 2021 examination
    Last EB examination sitting for existing candidates November 2021 examination
  3. Cessation of Senior Bankers Pathway (SBP) to Chartered Banker: AICB, in partnership with CBI, will be introducing a new programme for senior experienced bankers in 2021. The Chartered Banker by Experience (CBBE) qualification is non-examination-based and is to be completed within 12 weeks. Subsequently, AICB will be discontinuing the Senior Bankers Pathway (SBP) after the March 2021 examination intake. More information on the CBBE qualification will be announced in October 2020.
    The table below summarises the key dates for SBP:

    Last intake for new SBP candidates March 2021 examination
    Closing date for new SBP applications 30 August 2020
    Closing date for Chartered Banker examination registration 30 September 2020
    Accepting new applications for CBBE January 2021
    Commencement of first intake for CBBE April 2021
  4. Cessation of Professional Banker (PB), Chartered Banker (CB) and Professional Credit Certification (PCC) Modules — Extension of Final Examination Sitting: Due to the deferment of the April and July 2020 examination sittings to September and October 2020 respectively, the final examination sitting for the PB, CB and PCC modules that will be discontinued — as announced in September 2019 — will be extended as follows:
     

    Modules

    Final Examination Sitting
    Original Revised
    PB4 International Banking and Offshore Practice  

    Jul 2020

     

    Mar 2021

    PB7 Customer Relationship Management
    CB5 Applied Business and Corporate Banking  

    Nov 2020

     

    Mar 2021

    CB6 Retail Banking
    CB7 Banking for High Net Worth Individuals
    CCE3 Basic Accounting and Financial Statement Analysis Nov 2020 No change
    CCE4 Credit Writing Skills Nov 2020 Mar 2021
    BCP3 Loan Structuring and Legal Documentation Nov 2020 Mar 2021
    BCP4 Loan Monitoring, Rehabilitation and Recovery
    RCP3 Lending to Small Business Nov 2020 Mar 2021
    RCP4 Loan Portfolio Management
  5. Updated Bank Risk Management (BRM) and Certification for Bank Auditors (CBA): In 2019, the Certified Credit Executive (CCE), Business Credit Professional (BCP) and Retail Credit Professional (RCP) qualifications were updated with a more streamlined “one module, one examination” structure that offers “speed to certification”. A similar restructuring will be applied to Bank Risk Management (BRM) and Certification for Bank Auditors (CBA) in 2021, where the current BRM and CBA modules will be condensed into a “one module, one examination” structure from the current “two modules, two examinations” structure. Please click here for more details.
  6. Cessation of Competency Validation Assessment (CVA) Programme: With the streamlined curriculum for the specialised qualifications being implemented in 2020 and 2021, the Competency Validation Assessment (CVA) Programme will no longer be offered, with immediate effect. Candidates who have registered for the CVA CCE / BCP / RCP February 2020 examination sitting will be transferred to the Updated CCE / BCP / RCP September 2020 examination sitting, with no additional charges.