IBSL Intermediate in Applied Banking and Finance (IABF) Exam study guide
IBSL Intermediate in Applied Banking and Finance (IABF) Exam · Work through your exam, one topic at a time.
The Intermediate in Applied Banking & Finance (IABF) is a qualification listed by the Institute of Bankers of Sri Lanka (IBSL) under its "Old Syllabus" professional programmes, alongside the Diploma in Applied Banking & Finance (DABF) Revision. It sits below the Diploma in Banking & Finance (DBF) and Higher Diploma in Banking & Finance (HDBF) in the Institute's professional ladder, and IBSL separately advertises a "Basic Accounts of the Science & Art Scheme Students (A/L) IABF" seminar aimed at students entering the programme from an A-Level background. IBSL describes itself as having offered banking and finance qualifications since 1964, and student testimonials on its site refer to the IABF/DABF programme as preparation for a banking career. The published source does not set out the IABF syllabus, unit structure, examination format, duration, pass mark, fees or validity period, so candidates should confirm those details directly with the IBSL Examination Department before planning. Topics on this exam: Banking Operations and Applied Banking Practice and Applied Banking and Finance Knowledge (IABF Revision). The IBSL Intermediate in Applied Banking and Finance (IABF) Exam study guide has 2 sections and about 597 words.
01Banking Operations and Applied Banking Practice
The operations domain tests whether you understand how a bank actually moves money, records it, and controls the risks. Candidates must know the payment and settlement cycle (instruction capture, validation, clearing, settlement, reconciliation), the difference between clearing (exchange of payment instructions) and settlement (final transfer of value), and the roles of nostro (our account held abroad) and vostro (their account held with us) accounts.
311 words, about 2 min02Applied Banking and Finance Knowledge (IABF Revision)
This domain rewards fluency with the financial arithmetic and balance-sheet logic behind banking. Know the time value of money (present/future value, discounting), simple vs compound interest , yield vs coupon , and how interest rate changes affect asset values.
286 words, about 1 min