DEFINITION of 'American Institute Of Banking - AIB'
Founded in 1907, the American Institute of Banking (AIB) is a provider of education and training to the banking industry. More than 150,000 bankers participate in its programs each year.
BREAKING DOWN 'American Institute Of Banking - AIB'
The AIB is under the auspices of the American Bankers Association (ABA), and all AIB programs are offered through local ABA providers. Its programs include core courses in banking and business fundamentals as well as specific topics like retail banking; commercial, consumer, and mortgage lending; marketing and compliance.