The 1995–96 FIBA European League, also shortened to 1995–96 FIBA EuroLeague, was the 39th installment of the European top-tier level professional club competition for basketball clubs (now called EuroLeague).

became the first Greek team to lift the FIBA European League championship after beating FC Barcelona Banca Catalana by one point in the final match of the competition's Final Four, which was held at Paris.

The 1995–96 season saw the return of 1991-92 European League champion Partizan on the international scene, after three years ban of Yugoslav clubs due to UN embargo.

For the 1995–1996 FIBA European League, the countries are allocated places according to their place on the FIBA country rankings, which takes into account their performance in European competitions from 1992–93 to 1994–95.

[1] The labels in the parentheses show how each team qualified for the place of its starting round: If one or more clubs are level on won-lost record, tiebreakers are applied in the following order: April 9, Palais Omnisports de Paris-Bercy, Paris April 11, Palais Omnisports de Paris-Bercy, Paris April 11, Palais Omnisports de Paris-Bercy, Paris