Financial Institutions Training Institute was formally inaugurated on January 31st, 2018. It aims to train, research, and create a pool of professionals in financial sectors.
The institute will provide two diploma programmes- “Continuing Professional Development Programme” for six months for period of six months and “Post Graduate Diploma in Banking,” for nine months. While the Continuing Professional Development Programme is strictly for in-service employees of financial institutions in the country, the latter is for both in-service and pre-service candidates (having bachelor’s degree certificates).
Apart from that, FITI will also provide certificate programmes in five categories such as credit management, insurance, and pension management specifically for in-service employees. The institute is expected to reduce expenditure of sending financial employees abroad for training. Its website (www.fiti.bt) was also launched today.
Financial Institutions Training Institute Limited (FITI) was established in the year 2011 by the Royal Monetary Authority of Bhutan in collaboration with Financial Institutions Association of Bhutan (FIAB), as an autonomous apex institution for training, research and consultancy with the objective to train and build the human resource capacity of financial sector.