IBI has placed an important emphasis on research and thus the President has a deputy in charge of this important field. Under this deputy, numerous skilled experts carry out among other things, activities such as presentation of suitable scientific and specialized guidelines for development of scientific and technological research, innovation, continual upgrading of contents of courses offered, directing research towards the requirements of the banking system in the region and worldwide, commercialization of the outputs of Masters dissertations, and promoting new relationships with prestigious scientific local and overseas centers. Additionally, and with a more specialized approach, considering the ever increasing importance of information worldwide and the indispensable role of information technology, including computers, internet, telecommunication, satellites and the like in providing timely, economical and speedy and modern banking services, the need for identifying the weaknesses and strengths of the banking system is even more apparent.