Tuesday 26, July 2016

Dubai – MENA Herald: With new updates to its library function, the Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, now offers members of the banking sector free access to the institute’s vast library services and resources. With a five-user free membership service, banks can benefit from the institute’s comprehensive collection of print and online periodicals, magazines, books and databases.

Aligned with the 2016 Year of Reading directive launched by the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, EIBFS has recently upgraded its library services, technologies and functions to promote reading and education as a tool for broadening intellect, knowledge and cross sector communication.

In addition to accessing EIBFS resources and research capabilities, the new external library programme enables EIBFS and collaborating banking institutions to exchange knowledge, expertise and best practices in establishing an extensive research library that will serve as the banking and financial sector’s main source of information.

Commenting on the institute’s library initiative, Jamal Al Jassmi, General Manager of EIBFS, said: “An advanced and smart library function is key to disseminating knowledge and industry expertise to students, educators, researchers and professionals across the UAE. Committed to the Year of Reading initiative, EIBFS compiles and offers wide access to top-notch banking and finance resources, including print and digital books, online databases, journals and industry reports. In doing so, we hope to further develop human capital in the region and equip banking and financial professionals with the intellect and skills needed to keep pace with the latest trends and market demands.”

EIBFS has consolidated its library services through a revamped Library Portal and a mobile application interface compatible with laptops, tablets, smartphones and desktops. Through this integrated portal and corresponding mobile application, bankers, professionals and students alike can seamlessly access a wide range of library services, databases, tutorials, online periodicals and e-resources – and directly communicate with on-site librarians.

Keen to establish the first Smart Library in the banking and financial services sector, EIBFS aims to further enhance its library offerings through integrating various smart technologies, including advanced self-checkout counters and the Library Radio Frequency Identification (RFID) Management System – a tracking system that ensures secure and more efficient inventories of library materials. Further to this objective, the institute will incorporate the Summons Service – a discovery tool that augments the research experience with its large unified index and wide coverage of highly relevant and unbiased results.

The EIBFS Library collection includes approximately 24,000 printed and 127,000 online books, covering a wide range of topics and subjects including: Accounting, Banking, Finance, Economics, Management, Computer, and References. Moreover, the EIBFS Library has a subscription to core English and Arabic publication titles along with key database systems, including Ebrary, Islamic Finance News, Infotrac, ProQuest Banking Information Service and Thomson Reuters Zawya. In addition to these services, EIBFS Library users can access a variety of printed and electronic periodicals and magazines related to banking and finance.