Australian Bankers Association (ABA)

AAA

DEFINITION of 'Australian Bankers Association (ABA)'

An association of banks that work on behalf of its member financial institutions to provide analysis and advice on public policy regarding banking and financial institutions. It also works within its member organization to improve the quality of service that banks and other financial institutions provide.

INVESTOPEDIA EXPLAINS 'Australian Bankers Association (ABA)'

The association also looks to develop industry codes and standards, reform the banking payment system, improve security, improve banking conduct and disclosure, improve financial literacy and work on taxation reform.

RELATED TERMS
  1. Australian Future Fund

    A sovereign wealth fund established by the government of Australia. ...
  2. Foreign Investment Funds (FIF) ...

    A tariff imposed on Australian residents by their government ...
  3. Commercial Bank

    A financial institution that provides services, such as accepting ...
  4. Merchant Bank

    A bank that deals mostly in (but is not limited to) international ...
  5. Broker Association

    A permitted association between exchange members who have shared ...
  6. British Bankers Association - BBA

    The leading trade association that represents the views of those ...
Related Articles
  1. Credit & Loans

    The Evolution Of Banking

    Banks are a part of ancient history. Find out how this system of money management developed into what we know today.
  2. Insurance

    Basel II Accord To Guard Against Financial Shocks

    Problems with the original accord became evident during the subprime crisis in 2007.
  3. Retirement Plans From Around The World
    Retirement

    Retirement Plans From Around The World

    How does the rest of the world stack up against the U.S. when it comes to planning and saving for retirement?
  4. Economics

    Is It Time to Invest in Australia?

    Australia a country rich in natural resources and one increasingly gaining attention from investors. Is it time to put some of your international allocation to work in Australia?
  5. Personal Finance

    The Most Financially Literate Countries

    Brazil topped the list as having the most financially literate population, followed by Mexico, Australia, United States and Canada.
  6. Economics

    5 Other Countries Affected By A Troubled Europe

    These countries have significant trading relationships with European countries, and could feel the brunt of a euro collapse.
  7. Taxes

    Countries With The Highest And Lowest Taxes

    If you think your taxes are high, you may be surprised. Discover the countries with the highest and lowest taxes.
  8. Forex Education

    Get To Know The Major Central Banks

    The policies of these banks affect the currency market like nothing else. See what makes them tick.
  9. Personal Finance

    7 Countries' Surprising Top Exports

    Many of us have ideas about what certain countries are "known" for such as chocolates from Belgium, but many countries export other foods or products that might surprise you.
  10. Home & Auto

    6 Huge Insurance Claims

    Next time you think that insurance is a waste of your money, think about these expensive claims.

You May Also Like

Hot Definitions
  1. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  2. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  3. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  4. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  5. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  6. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
Trading Center