What is the British Bankers Association or BBA?

British Bankers Association

The British Bankers association or BBA was formed in 1919. Initially they only represented British banks but opened membership to international banks in 1972. The BBA is the largest trade association in the UK. The BBA is an association that handles the banking and financial services sector. The BBA represents 200 banks from 60 countries regarding the United Kingdom and international banking.

The BBA advocates an international legislative and regulatory system for UK banking and financial services. The BBA takes into account what BBA members want and strives to provide an international competitive market place.

The BBA liaises with governments, and stakeholders and the media to represent the interests of the banking industry.

The BBA member banks together provide banking and financial services. Members comprise the world’s largest international banking centre: it handles 150 million accounts. The BBA contributes approximately £50 billion annually to the UK economy.

They also represent 45 Professional Associate (PA) member firms. Those firms have all of the benefits of up-to-date and accurate information from the BBA.

The BBA is governed by the board of directors. The board is comprised of the BBA Chief Executives and the CEOs of UK and international banks.

The BBA is responsible for the ongoing improvement of the UK Banking Code, UK Small Business Code, UK accounting principles and European banking regulations. The BBA is sets benchmark rates: for example the LIBOR. LIBOR is an acronym for London Interbank Offered Rate: The LIBOR rate is the average interest rate banks in London charge.

The BBA keeps track of UK financial news such as credit card usage, the mortgage market, and the loan market.

The BBA also publishes financial leaflets, books and reports for the banking and financial services industry.

The literature provided is information on such issues as debt, accounts and the principles for business banking, credit derivatives and basic market terms. The BBAs Annual Abstract of Banking Statistics is a popular publication that reports on the size and activities of the UK's banking industry.

  Adjustable Rate Mortgages
  Alliance Bank
  ANZ Bank
  Associated Bank
  Bad Credit Mortgage
  Bad Debt
  Bank of America
  Bank of Colorado
  Bank of Montreal
  Bank of Oklahoma
  Bank of Scotland
  Bank of Texas
  Bank of the West
  Banks In The USA
  Barclays Bank
  BBVA Compass
  Black Friday
  BMO Bank of Montreal
  BNP Paribas
  Branch Banking and Trust
  British Bankers Association
  Bull and Bear Markets
  Cambridge Savings Bank
  Canada Pension Plan
  Canadian Tire Bank
  Canadian Western Bank
  Capital Bank
  Cash Advance
  Chase Bank
  CIBC Canadian Imperial Bank of Commerce
  Citizens Bank
  Citizens Bank of Canada
  City National Bank
  Co-operative Bank
  Coast Capital Savings Credit Union
  Comerica Bank
  Commonwealth Bank
  Conexus Credit Union
  Credit Card Advice
  Credit Counseling
  Credit Report
  Credit Unions
  Day Trading
  Defined Benefit Pension
  Defined Contribution Pensions
  Direct Deposit Advance
  Envision Credit Union
  Fedwire Routing Number
  FHA Loans
  Fiat Money
  First Federal Bank of Florida
  First Niagara Bank
  First Republic Bank
  First Tennessee Bank
  Fixed Rate Mortgages
  Forex Trading
  Frost Bank
  Glens Falls National Bank
  Government and Mortgages
  Gross Domestic Product or GDP
  Harris Bank
  HDFC Bank
  Hedge Funds
  Home Appraisals
  Home Equity Loans
  Home Equity Rates
  Home Foreclosure
  HSBC Canada
  Hudson City Bank
  Identity Theft
  ING Direct
  Interest-only loan
  Kennebunk Savings Bank
  Life Insurance
  Links Resources and Partners
  Lloyds TSB
  Market Share
  Meridian Credit Union
  MI Bank
  Micro Credit
  Money by Pink Floyd
  Money Converter
  Money Market
  Money Mart
  Money Scams
  Mortgage Loan
  Mortgage Refinancing
  Mutual Fund
  National Australia Bank
  National Bank of Canada
  Navy Federal Credit Union
  Navy Federal Credit Union Online Banking
  Navy Federal Credit Union Routing Number
  Navy Federal Credit Union Web Bill Pay
  Offshore banking
  Old Age Security Program
  One For The Money Movie 2012
  OneWest Bank
  Orange County Teachers Credit Union
  Oxford Bank and Trust
  Payday Loans
  Pentagon Federal Credit Union
  Peoples United Bank
  Personal Finance Software
  PNC Bank
  Provident Bank
  RBC Royal Bank
  Refund Anticipation Loan
  Regions Financial Corporation
  REIT or Real Estate Investment Trust
  Reverse Mortgages
  Rich Dad, Poor Dad
  Second Mortgages
  Servus Credit Union
  Sovereign Bank
  Standard Bank
  Steinbach Credit Union
  Stock Market
  Student Financial Aid
  SunTrust Bank
  SunTrust Routing Number
  TCF Bank
  TD Canada Trust
  TD Canada Trust Routing Number
  The Federal Reserve
  The Gold Standard
  The Wealthy Barber
  Union Bank
  US Public Debt
  Vancity Credit Union
  Venture Capital
  Wealth Coaching
  Wells Fargo
  Wells Fargo Routing Number
  Woodforest National Bank
  Zions Bank