The British Bankers' Association is a trade organization for banks doing business in England. British Bankers' Assn contains over 200 member banks and corporations from 60 countries in its organization. It uses the acronym BBA.
British Bankers' Assoc plays a big role in the US economy because it sets the LIBOR rate, which becomes the benchmark for interest rates throughout the world. LIBOR stands for London Inter-Bank Offered Rate. This refers to the interest rates banks use to borrow from each other, as opposed to the interest rate set by governments. The LIBOR rate is set in euros.
1. A way to find British Bankers' Association information is to visit its homepage. British Bankers' Association contact information is there as well. The British Bankers' Association location is London, England.
2. LIBOR rates are usually higher than other interests rates because the lending is done between banks in large amounts of money for financial instruments such as credit derivatives.
3. British Bankers' Association advice covers regulatory information, interest rates, international markets, seminars and debt management and much more.
Get British Bankers' Association advice on interest rates and finance policyThe British Bankers' Association refers to itself as "the voice of the banking industry for all banks who operate within the UK." The LIBOR rate is decided on each day by large banks in London and published by the BBA. The rate is used as a benchmark for banks throughout the world. Policies and regulations that affect the Britain's banking system are rigorously monitored by the BBA.
Find British Bankers' Association advice in its publishingsThe British Bankers' Association produces publications on a variety of banking and monetary matters. Publishings are in online, pdf, leaflet and hard-back formats and range from identity theft, fraud, managing finances in a volatile market, banking codes and more.
Use British Bankers Assoc as a means to keep your staff informedIf your company does business in London or even if your company works with another company that does business in London, British Bankers Assn is an important learning resource to keep you abreast of finance matters and changes.
- Keep informed of British banks and policy through the British Bankers' Association and be alert to how banks in the US are affected or how your business dealings in Great Britain are affected by London's most influential banks.