Bank Administration Institute - BAI

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Barron's Banking Dictionary:

Bank Administration Institute

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Nonprofit organization, based in Chicago, Illinois, that promotes banking industry standards in bank operations and auditing through professional schools, technical conferences, and a research affiliate, the Foundation for Financial Institutions Research. The Bank Administration Institute, founded in 1924, is the oldest and largest technical organization serving the U.S. Banking industry.

Investopedia Financial Dictionary:

Bank Administration Institute - BAI

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A non-profit organization that focuses on improving banking standards (in the operations and auditing areas) while analyzing risks and promoting productivity-enhancing technology solutions. The BAI runs professional schools, conferences and individual programs. In addition to teaching, learning and development programs, it also operates a research affiliate.

Investopedia Says:
The BAI also functions as a networking and central resource center for those who are responsible for operations, compliance and auditing functions within the financial services industry. The organization prides itself on providing unbiased research that allows member institutions to benchmark their performance on metrics such as deposit growth, interest rate risk and other important industry parameters.

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