The College of Banking and Finance (COBAF) is the training Division of the Institute of Bankers of Sri Lanka (IBSL). The COBAF offers training and instructions as provided and authorised in the Institute of Bankers of Sri Lanka Act through classes for regular programmes up to diploma level open to staff of banks and financial institutions and aspirants of banking careers. In addition, seminars on subjects of current banking interest and workshops tailor-made for specific bank requirements for staff training are also conducted.