The British Bankers Association represents around 200 member banks globally, offering statistical analysis and training for bankers, as well as consumer education on banking laws and scams. Members consult with the board to determine lobbying strategies and the association employs research fellows to study international trends.
The British Bankers Association is a banking industry group serving members in Europe, Asia and North America. This group represents its member banks before the British Parliament and the European Commission during legislative sessions. Member banks can use monthly and yearly statistical reports to track changes in the banking industry. The British Bankers Association often runs training sessions for bankers interested in certification and advancement. Consumers can learn about financial education, changes in banking laws, and scams through the group’s website and publications.
This group consists of approximately 200 member banks from 60 countries around the world. Members consult with the Board of the British Bankers Association during bi-monthly meetings to determine political lobbying strategies. These strategies may include seeking reduced regulations in international banking and reduced tax burdens for lenders. The Association employs research fellows to study international trends in taxation, business auditing, and banking policies. This information may be used by representatives of the Association during hearings before the British Parliament.
Another service offered by the British Bankers Association is statistical analysis and reporting on the industry. The researchers are tasked with collecting data on interest rates, investment returns and other banking metrics around the world. These statistics are compiled into monthly reports available through the organization’s website. The Annual Summary of Banking Statistics brings all these reports together in a single publication. This document also features articles by bankers and researchers analyzing trends in the banking industry.
Bankers with member institutions can learn new skills with educational resources through the British Bankers Association. The organization hosts monthly seminars at Pinners Hall in central London, as well as conference centers in major European cities. Banks can also use online lectures and certification materials to train their employees. Bankers can use these educational services to meet the continuing education requirements necessary for regional or national government certifications. The British Bankers Association, for example, has scheduled courses in the past to prepare bankers for postgraduate programs in business and finance.
Consumers in the UK can use the Association’s website to learn about the region’s banking industry. The British Bankers Association can teach consumers how to understand their bank statements through online tutorials. The consumer education portal often also highlights changes to UK laws dealing with savings, loans and deposit insurance. College students can learn about loans and other financing programs for higher education. At no cost to consumers, the Association has also published reports on investment and savings scams.
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