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BBA

British Bankers' Association (BBA) - the voice of the banking industry for all banks that operate in the UK. Representing banks and financial firms as an industry body, the BBA's mission is to promote healthy competition that benefits both members and consumers. With the active participation of its members, the BBA works to foster an environment in which financial services are valued and can prosper.

The association has 200 members representing more than 60 nationalities, which collectively operate 130 million accounts, have over £6 trillion of assets, have created jobs either directly or indirectly for 4 million people, contribute £50 billion to the UK economy and pay £9 billion a year in tax together with the rest of the financial services sector.

The BBA is a not-for-profit organization, funded by subscriptions from member banks. It is not a regulator or a bank and does not carry out any direct banking activity or hold funds, either directly or indirectly, for members of the public.

 

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