Offering of services by a financial institution to the general public
This article includes a list of references, related reading, or external links, but its sources remain unclear because it lacks inline citations. Please help improve this article by introducing more precise citations.(July 2023) (Learn how and when to remove this template message)
Part of a series on financial services
Banking
Types of banks
Advising
Banq
Bulge bracket
Central
Commercial
Community development
Cooperative
Credit union
Custodian
Depository
Development
Direct
Export credit agency
Investment
Industrial
Merchant
Middle market
Mutual savings
Neobank
Offshore
Participation
Payments
Postal savings
Private
Public
Retail
Savings
Savings and loan
Universal
Wholesale
Bank holding company
Lists of banks
Accounts · Cards
Accounts
Christmas club
Deposit
Money-market
Savings
Time deposit (Bond)
Transaction (checking / current)
Cards
ATM
Credit
Debit
Prepaid
Funds transfer
Cheque
Card
Electronic
Bill payment
Mobile
Wire
RTGS
NS
ACH
Instant payment
Giro
SWIFT
Correspondent account
CLS
CIPS
SPFS
BRICS PAY
Terms
Automated teller machine
Bank regulation
Loan
Mobile banking
Money creation
Bank secrecy
Ethical banking
Fractional-reserve banking
Full-reserve banking
Islamic banking
Private banking
Related topics
Financial market (participants)
Corporate finance
Personal finance
Public finance
Financial law
Financial regulation
List of banks
Category
Commons
Portal
v
t
e
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking).
Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers.[1]
In the U.S., the term commercial bank is used for a normal bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from corporations or large businesses, as opposed to individual members of the public (retail banking).
^Reed, Eric (2023-03-30). "Retail Banking vs. Commercial Banking". TheStreet. Retrieved 2024-02-05.
Retailbanking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies...
The RetailBanking Academy (RBA) is a UK-based educational body. It is the only educational and professional academy exclusively dedicated to retail banking...
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in...
business lines: RetailBanking and Wealth Management & Global Private Banking to form a new business unit as Wealth and Personal Banking. As a cost-saving...
basis than in mass-market retailbanking, usually provided via dedicated bank advisers. It has typically consisted of banking services (deposit taking...
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial...
bank provides products and services related to retailbanking, wholesale banking and investment banking. The bank became a member of the Open Network for...
corporate banking, trade finance, treasury and risk management through the branches at Singapore, Hong Kong, DIFC, Shanghai and Colombo, and as also retail liability...
branch offices. Core banking is often associated with retailbanking and many banks treat the retail customers as their core banking customers. Businesses...
and folded into Lloyds Banking Group. The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and...
banking and financial services corporation headquartered in Amsterdam. Its primary businesses are retailbanking, direct banking, commercial banking,...
Gaelic: Banca Rìoghail na h-Alba) is a major retail and commercial bank in Scotland. It is one of the retailbanking subsidiaries of NatWest Group, together...
Malaysia. RHB Bank has over 180 branches in Malaysia and provides a range of banking products and services for individuals, small businesses and corporates...
the banking sector: consumer/retailbanking, commercial/business banking and asset management and investment banking. Consumer and retailbanking consists...
channels to access their banking and other services: Branch, in-person banking in a retail location Automated teller machine banking adjacent to or remote...
FIBA Group. The bank is focused on corporate lending as well as on retailbanking and operates in the eurozone countries of the Netherlands, Germany,...
"Canadian Tire to expand successful deposit products as part of focused retailbanking strategy". Canadian Tire Corporation, Limited. Canadian Tire Corporation...
Shinsei Bank divides its business into three components: retailbanking, institutional banking and consumer/commercial finance. Shinsei offers a number...
United States. It has $57.5 billion in deposits, operates about 650 retailbanking offices and over 2,000 ATMs, and employs approximately 9,800 people...
A retail cashier or simply a cashier is a person who handles the cash register at various locations such as the point of sale in a retail store. The most...
subsidiary of ING. Prior to being appointed CEO, Melanie Evans led the RetailBanking unit having joined ING in March 2017. The bank launched as ING Direct...
variety of banking brands offering personal and business banking, private banking, investment banking, insurance and corporate finance. In the United Kingdom...
first monoline credit card issuer to buy a bank, as it entered into retailbanking by acquiring Hibernia National Bank. It purchased the New Orleans, Louisiana-based...
der Deutsche Bank Aktiengesellschaft is a branch of Deutsche Bank for retailbanking, which was formed from the demerger of the postal savings division of...
operations on 7 April 2006 and offers shariah-compliant retailbanking, investment banking, consumer banking, and trade finance products. The bank intends to...
Global Information
