British Bankers Association

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British Bankers Association (BBA)

An association of banks and financial institutions operating in the U.K. The BBA calculates and publishes LIBOR rates.

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.
References in periodicals archive ?
The ex-Tory MP was head of industry body the British Bankers' Association from 2007 to 2012 when the Libor and PPI scandals erupted.
Trade body the British Bankers' Association reckons that's one reason why others lenders saw a slump in deposits.
ResPublica called on trade bodies British Bankers' Association (BBA), the Building Societies Association and the new Banking Standards Review Council to adopt an oath it has drawn up for members.
According to the British Bankers' Association (BBA), Councils ought to invest more resources with smaller banks to aid ameliorating competition and choice in banking.
Summary: British Bankers' Association on Wednesday announced changes to Libor interest-rate transparency.
But the British Bankers' Association (BBA) said that despite the upturn in the housing market, low consumer confidence generally means that people still lack the appetite to take on new borrowing and are making determined efforts to shore up their savings.
But the British Bankers' Association said that despite the upturn in the housing market, low consumer confidence generally means that people still lack the appetite to take on new borrowing and are making determined efforts to shore up their savings.
But the British Bankers' Association (BBA) branded the report "disingenuous" and said customers can still get free banking for accessing cash and making most types of transactions in the UK.
The British Bankers' Association says customers now go online and banks should examine branch running costs.
The British Bankers' Association (BBA) said it will not appeal after it lost its High Court challenge against new FSA rules on mis-selling PPI being applied retrospectively.
The British Bankers' Association announced the creation of the new process this week which, it is claimed, will allow small firms to request a second opinion if they believe loan applications have been declined unfairly by one of the UK's main banks.
Summary: The British Bankers' Association is publishing lending figures as an industry body says the recession is "almost at an end".

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