Defunct for-profit technical college in Puerto Rico that trained banking and commerce professionals across 12 campuses.
Instituto de Banca y Comercio was founded in 1974 as a specialized institution for training banking tellers in Puerto Rico, initially operating from two classrooms with 15 students. Over decades, it expanded to serve 21,000+ students across 12 campuses and 8 learning sites throughout Puerto Rico, offering short training programs and associate degrees in high-demand career fields. In March 2007, the institution was acquired by Leeds Equity Partners and merged into National University College, eventually becoming known as NUC University IBC division. The institution ceased operations in 2019.
IBC offered diploma and associate degree programs authorized by the Puerto Rico Council of Education. The institution maintained accreditation from the Accrediting Council for Independent Colleges and Schools (ACICS) since 1978 and was authorized by the U.S. Department of Education to participate in Title IV programs. All programs were designed to prepare students for careers in banking, commerce, and related technical fields in high demand on the island.
The institution operated 12 major campuses located in San Juan (1975), Ponce (1983), Mayagüez (1984), Cayey (1986), Guayama (1986), Fajardo (1991), Manatí (1992), Caguas (2000), Humacao (2008), Carolina (2009), Arecibo (2009), and Bayamón (2010). Additionally, eight learning sites served communities in Adjuntas, Aguadilla, Barranquitas, Lajas, Los Colobos, Moca, Naranjito, and Yauco.