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
Supporting you. Supporting Britain
Banking benefits everyone.
It allows millions of us to pay for goods, services and transfer money whenever and wherever we want. Providing livelihoods for hundreds of thousands families across the country.
Banks contribute billions of pounds a year to our public services, paying the salaries of nurses, teachers and other vital workers.
But many of the benefits of banking to our country are not nearly so obvious.
Banking has become our biggest export industry, allowing millions of us to enjoy an array of imports – be it the smartphone in your pocket or the food at the end of your fork – at more affordable prices.
More than 9 million of us are using no-frills, basic bank accounts that would not be available if we lived in some other countries.
Banks made mistakes in the last decade. At times they lost sight of their customers. But this is a vital industry for Britain’s future and one that supports businesses, the economy and you in your everyday life.