The BBA is now integrated into UK Finance. Please go to www.ukfinance.org.uk for new content and updates from UK Finance.
Material published by BBA prior to 1st July 2017 is still available on this website.
From 1 July 2017, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. It will represent around 300 firms in the UK providing credit, banking, markets and payment-related services. The new organisation will take on most of the activities previously carried out by the Asset Based Finance Association, the British Bankers’ Association, the Council of Mortgage Lenders, Financial Fraud Action UK, Payments UK and the UK Cards Association.x
The Royal National Institution of Blind People (RNIB) has been running a ‘Talking ATM’ campaign to encourage major banks to make Britain’s cash machine network accessible to blind and partially sighted people.
Research has shown that only 29 per cent of blind and partially sighted people were able to manage their finances independently. So far Barclays, RBS, Natwest, Co-operative Bank, Lloyds, Santander and HSBC have all committed to the campaign.
In addition, the BBA supported the RNIB in producing The Banking Experience, a guide to good practice and standards for retail bank staff. The guide was launched at the BBA in April 2012, with representatives from both the BBA and the RNIB speaking at the event, as well as founder of MoneySavingExpert, Martin Lewis.
The guide helps bank staff understand the difficulties customers with sight loss face by giving clear examples from the perspective of both banks and consumers. It offers advice on how the industry can make the full range of retail services more accessible and achieve a greater sense of financial inclusion. The Banking Experience also promotes new technologies in banking that are especially useful for blind and partially sighted customers.
A copy of The Banking Experience can be found here.
The Financial Reporting Council (FRC) has been looking at how best to rationalise some of the audit guidelines in place by better integrating the guidance into the auditing standards themselves. Read More
Mike Conroy, BBA, Executive Director, Corporate and Commercial Banking said: “The first quarter of this year saw an upturn in applications for loans and overdrafts from SMEs, although volumes were Read More
Ian Jordan, Chair of the BBA’s Northern Ireland committee, said of the latest data: “The first quarter of the year saw an increased number of SME loan applications, leading to Read More