For over a century, we’ve been shaping the future of education
Our story is one of transformation – always adapting to meet the needs of students and industries worldwide.
1.5 million students
We've taught over 1.5 million students through our degree and professional courses.
130 countries
Our global network of students, alumni and experts spans more than 130 countries.
29,000 members
Our LIBF membership has created a network of over 29,000 professional members.
Shaping the future of learning
Our heritage isn’t just about where we’ve been – it’s about where we’re going. As industries evolve, so do we. Whether you’re starting you're starting your career or looking to advance in your field, we offer the education and support to help you succeed.
Want to be part of our story? Explore our online degrees and professional qualifications and take the next step in your journey.
Where we are today
While our heritage spans over 145 years, we’re always looking ahead. From launching new degrees to expanding our global reach, we continue to innovate in education. Explore some of our latest milestones and achievements:
Our evolution: from London to 100% online
April 2025
LIBF became Walbrook Institute London. Our new name honours our London heritage and our commitment to innovation, accessibility, and the future of education. As Walbrook, we continue to provide flexible, online degrees – helping students worldwide achieve their ambitions.
2023
LIBF’s educational activities were acquired by the IU Group, with training and qualifications continuing under LIBF Limited, a UK subsidiary of IU. Meanwhile, LIBF’s charitable status was maintained independently as The London Foundation for Banking & Finance (LFBF).
2021
We launched the Centre for Governance, Risk and Regulation, connecting an international network of experts to provide training and thought leadership in financial services.
2020
The Covid-19 pandemic accelerated our shift towards digital learning. We introduced remote invigilation for exams and expanded our digital content, including webinars, podcasts, and videos.
March 2019
To mark our 140th anniversary, we launched a year of celebrations – including a gala event, the publication of our third book, Banking on Change, and the establishment of two research centres.
2017
We became an approved apprenticeship training provider and introduced our first degree-level apprenticeship programme, supporting careers in the banking industry.
2016
A new era began as we rebranded to The London Institute of Banking & Finance (LIBF). We also launched the Henry Grunfeld Library at our Lovat Lane campus.
2013
We were granted University College status and became ifs University College. A new campus at Lovat Lane in London was opened, creating a dedicated space for full-time students.
2010
A transformational year – we gained Taught Degree Awarding Powers (TDAP) and launched full-time degree programmes at our City of London campus, alongside expanded professional qualifications.
2001
We became the first educational body in financial services to introduce electronic assessment for regulatory qualifications, making exams more accessible and efficient.
1997
To reflect our expanding focus, we rebranded as the Institute of Financial Services (IFS). This year also saw the launch of CeMAP, the first qualification for UK mortgage professionals.
1996
Innovation in education continued as we developed the first professional award linked to a university degree, bridging the gap between academic study and industry qualifications.
1993
A major milestone in financial education – we merged with the Chartered Building Societies’ Institute, expanding our expertise and influence in banking and financial services.
1987
We gained our Royal Charter and became the Chartered Institute of Bankers, reinforcing our role in setting professional standards and advancing financial education.
1879
The Institute of Bankers was founded with 1,000 members from across the UK and overseas. By the end of the year, membership had doubled to 2,000, reflecting the strong demand for professional banking standards.
Our evolving identity
Over the years, our name has changed to reflect our growth, ambitions, and the evolving landscape of education. Each transformation marks a new chapter in our journey – expanding beyond banking into business, technology, and data.
Our name through the years
2025: Walbrook Institute London
2016: The London Institute of Banking & Finance (LIBF)
2013: ifs University College
1997: The Institute of Financial Services (IFS)
1987: The Chartered Institute of Bankers
1879: The Institute of Bankers
Our origin story
In March 1879, a small group of bank workers came together, united by a commitment to provide leadership on banking practice that would be available to everyone working in the sector. They set up the first Institute of Bankers in England and Wales.
They organised networking meetings, lectures and other educational resources to help bank workers develop their knowledge. They established formal qualifications – recognised by the industry – and helped workers develop their careers. The Institute quickly became central to the banking community in England and Wales, and its influence spread around the world.
Do you have any questions?
Any questions about our online degrees or our professional qualifications? We are here to help: Monday to Friday from 8.00am to 5.30pm UK time (excluding UK public holidays).
