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 ?
There may be a hard-hitting competition in the consumer finance business but regardless the fact the liabilities, SME and wealth management business of a retail bank is still growing within the Middle East region and yes retail banks are currently eyeing new revenue streams within these areas of retail banking.
The retail bank profiles are populated with information on individual banks such as key executives, operational figures, and a SWOT analysis based on the rich repository of knowledge that The Asian Banker has built.
First Retail Bank will handle applications and transactions for customers using Reeds credit cards.
From 1986 to 1989 he served as Southwest Region retail bank manager for Security Pacific Bank.
The report also profiles the leading firms of the industry - Nordea Retail Bank, DnB Nor, Terra Gruppen, SEB, SpareBank1, Skandia Bank - and outlines their competitive positioning.
The 2015 market research report titled ICT investment trends in retail banks; Enterprise ICT spending patterns through to the end of 2016 presents the findings from a survey of 129 retail banks regarding their Information and Communications Technology (ICT) investment trends.
Global Banking News-April 6, 2015--Analysts call on retail banks in Middle East to adopt new digital trends
Retail banks are investing in agile ICT segments to streamline their operations and achieve greater efficiency to support their business growthKey Findings - Kable's survey shows that retail banks are continuously looking to increase their investments in hardware and software, primarily driven by the need to enhance their go to market strategies with innovative services.
Ashraf Bibars, Senior Vice President and Head of Retail Banking Group from Union National Bank will be sharing his views on why retail banks need to increase sales volumes by lowering pro1/4ut margins.
Understand the technology enablers that will help retail banks achieve their operational objectives.
This report presents the findings from a survey of 131 retail banks regarding their approach to Information & Communications Technology (ICT) procurement.
In collaboration with analysts from Financial Services business unit, in this brief Ovum's Financial Services Technology team outlines the key changes in the retail banking industry, explains which trends will have the biggest impact, and analyses the implications and opportunities of these developments for both retail banks and providers of technologies and services.