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British Bankers Association
(redirected from British Bankers' Association)

   Also found in: Wikipedia 0.01 sec.
British Bankers Association
A professional association of banks and financial service firms. With over 200 members in dozens of countries, the BBA is one of the leading organizations in its field. It is responsible for working with European government organizations on improvements for banking regulations, in addition to setting a banking code and small business code. Importantly, the BBA is responsible for setting the LIBOR every day.


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In a memo to the banking industry, Peter Blackman, assistant director of the British Bankers' Association, noted that "there are enormous opportunities to finance new environmental developments and the development of alternative energies.
The service includes mortgage info from Fannie Mae, election results data, London InterBank Offered Rate (LIBOR) data from the British Bankers' Association and historical stock closing and volume date on every public company going back 30 years.
1 According to the British Bankers' Association (BBA) Credit Derivatives Report 2006, the market share of index trading has grown from 9% in 2004 to 30.
 
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