Retail Banking

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Retail Banking

Banking services that are offered to individual customers through local branches of the bank. Examples of retail banking services include checking and savings accounts, credit cards, personal lines of credit, mortgages, and so forth. Some retail banks offer basic brokerage services, though this is not always the case. Retail banking contrasts with commercial banking, which primarily offers services to businesses. See also: Private banking.
References in periodicals archive ?
Global Banking News-August 10, 2015--National Australia Bank launches new personal banking origination platform
para]]This report identifies the size of key components of the personal banking market, the current structure of the industry and the competitive environment in which banks operate.
In her capacity as Head of Personal Banking, she will be directing and managing al khaliji's Personal Banking business in line with the Bank's overall strategy.
Dubai: Commercial Bank of Dubai's (CBD) efforts to rebalance its balance sheet with a more diversified mix of assets are bearing fruits in terms of strong growth in both commercial and personal banking business, said Peter Baltussen, Chief Executive Officer of CBD, said in an interview.
Al Khalij Commercial Bank announced the hiring of Ms Rana Ahmad Al Asaad as Acting Head of Personal Banking.
The bank's strategy behind launching the new upper personal banking proposition is to offer aspirational and value conscious customers a comprehensive savings and banking solution with preferential transaction rates, privileges and banking and non-banking rewards, across product categories.
Eryl Rowlands, Conwy''s Head of Revenues and Benefits Assessment Service, said: "We advise residents never to give their personal banking details over the phone unless they are 100% sure they are speaking to a professional individual working on behalf of a recognised organisation.
We have therefore set up three full-fledged Emirates NBD branches, which are operational Saturday to Thursday from 8:00 AM to 2:00 PM, within Dubai Internet City, Dubai Media City and Arjan Hotel, to service the personal banking requirements of our clients.
Shang, executive at Chinatrust's trust and personal banking division, indicated that the bank is ready to expand into China's financial market--especially to tap the personal banking segment--as soon as the financial memorandum of understanding (MOU) will have been signed between Taiwan and China.
HERE'S why you should never respond to an email requesting personal banking details, however genuine it might seem.
The team is based at the bank's office in Dudley, and will initially be staffed by a relationship manager, Chan Nandhray, and a personal banking manager, Tehira Choudhry Din.
NATIONWIDE Building Society is the latest group to be targeted in an e-mail scam which tries to trick customers into disclosing their personal banking details, it has emerged.

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