British Bankers Association (BBA)
The leading trade association that represents the views of those involved in the banking and financial services industry within the U.K. Investopedia Says:
Among other things, the BBA is responsible for continually improving the Banking Code, Small Business Code, accounting principles and European regulations regarding banking practices. An additional responsibility of the BBA is to set benchmark rates such as the LIBOR. Related Terms:
Benchmark
EONIA
EURIBOR
Euro LIBOR
Eurocurrency
Eurodollar
LIBID |