Certified Lender Business Banker (CLBB)

About CLBB | Apply | Exam Information | Exam Outline | Benefits | Maintain Certification | Advisory Board
 

About the CLBB

The Certified Lender Business Banker is designed to:
  • Establish a recognized standard of knowledge and competence for commercial lending and credit professionals
  • Formally recognize those who meet these standards
  • Provide employers and clients with a tool to identify skilled, knowledgeable professionals
  • Support the benefits of professional continuing education and development

Who should pursue it

  • Commercial lending officers
  • Commercial loan portfolio managers
  • Credit analysts
  • Loan review officers
  • Private banking officers
  • Business development officers
  • Regulators

Knowledge areas

  • Credit analysis
  • Ethical and regulatory issues
  • Banking products and services
  • Loan structuring
  • Problem assets
Eligibility requirements

You must meet the following prerequisites in order to qualify to take the CLBB certification examination:

1. Professional Experience & Education
  • A minimum of two (2) years experience in lending and completion of an ICB-approved commercial lending training program, or
  • Three (3) years experience in lending and a Bachelor's degree, or
  • Five (5) years experience in lending

    ICB-approved educational programs in commercial lending

2. Professional Reference

One letter of recommendation is required from a senior manager attesting to your qualifications for certification, including your lending experience as well as your ethical character.  The letter must be signed and on corporate letterhead.

3. Ethics Statement


Each candidate must sign ICB's Professional Code of Ethics statement.  Please note:  you must furnish all pertinent information about any convictions or pleas of nolo contendere on the grounds of fraud, embezzlement, unfair or deceptive practices, securities law violations, misappropriation of property, fraudulent conversations or any civil or administrative action from which you have been previously found liable.

4. Application

You must complete and submit the application.  You are required to meet the eligibility requirements in place at the time that you submit your application.

Maintenance requirements

To maintain your CLBB in good standing, you must adhere to ICB's Professional Code of Ethics, pay an annual fee, and complete 30 hours of continuing education every three years.

Fees

Examination Fees* Membership Fees**
Application and Exam Fee $295 Annual Membership Fee $199
Exam Site Change Fee
(for all exam site change requests less
than 3 weeks prior to the exam date)
$100 Multiple Certification Discount $350 (2 certs)
$450 (3 or more)
Exam Retake Fee $150
Exam Withdrawal Fee $125

*The Exam Fee, minus a $100 nonrefundable Application Fee, is 100% refundable upon written request prior to the published withdrawal deadline. A $125 withdrawal fee is assessed if a candidate cancels or withdraws after the published withdrawal deadline from a scheduled exam date for which the candidate is registered. However, requests for withdrawal received on or less than fourteen (14) business days prior to the exam date will not be honored and the entire exam fee will be forfeited. ICB will consider waiving the forfeiture fee in case of a medical emergency. Your request for such a waiver must be made in writing and supported by documentation from a physician, which clearly states that you are unable to appear for the exam due to personal or immediate family medical issues. Requests will be reviewed on a case-by-case basis.
** Membership Fee is assessed annually every year after certification has been granted.
***Applies to individuals who hold more than one certification.

Benefits and services

  • ICB Certified Banker newsletter (bimonthly, delivered electronically)

Click here for more information about CLBB benefits.

Partnerships

The CLBB designation is also offered in the Middle East region in partnership with the Arab Academy for Banking and Financial Sciences (AABFS), Amman, Jordan.  Click here for more information.

 


Questions?  Please contact icb@aba.com for additional information.