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 ?
Dubai Islamic Bank, the UAE's largest Islamic bank, took home the title of 'Strongest Islamic Retail Bank' in the UAE 2017 at the Islamic Retail Banking Awards (IRBA) for the third consecutive year.
PA) (LSE: BNP) (OTC: BNPQY), has said that it was recently named a winner in the inaugural Best in Retail Banking Awards presented by The MSR Group, a research firm that specialises in customer experience within the retail banking sector.
The fifth World Islamic Retail Banking Conference will take place at the Shangri-La Hotel on November 26 and 27.
The eighth Annual Middle East Retail Banking Forum (15 - 17 April 2013, Habtoor Grand Resort and Spa, Dubai - UAE), will provide a platform for the region's retail bankers to explore opportunities in the new generation of retail banking services by identifying best strategies for expansion, new technologies, new product development and new customer segments
12 June 2012 - French lender BNP Paribas SA (EPA:BNP) is discussing a deal to shed its retail banking business in Egypt which could bring in up to USD400m (EUR320.
Global Banking News-October 21, 2010--BMI names retail banking head(C)2010 ENPublishing - http://www.
BANKING giant Barclays said it planned to spend pounds 1bn on boosting customer service across its retail banking business by 2013.
Commerce Bank has announced that it will bring its retail banking to one of New York City's most notable and historic "banking halls" when it opens its first Wall Street store at Two Wall Street in late Summer of 2005.
com/research/be2a27/lafferty_retail_ba) has announced the addition of the "Lafferty Retail Banking Insights" subscription to their offering.
Analysts have called on retail banks in the Middle East to be open to future trends across technology, customers, competition and macro-economics at the opening of 10th Retail Banking Expo & Forum.
Fleming Gulf Conferences will host the 8th Annual Middle East Retail Banking Forum from the 15 to 17 April 2013.
Summary: Retail Banking is ultimately regarded as the most profitable business unit of a commercial bank is now in a phase where new growth opportunities is the key to its monetary success.