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Universal Banking

   Also found in: Acronyms 0.01 sec.
Universal Banking
Banking services including savings, loans and investments. That is, universal banking combines both commercial banking and investment banking. The term universal banking is more common in Europe than the U.S. because of stricter regulation of American banks.


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Mark brings unique emerging markets expertise and knowledge to the role, as well as broad experience gained from working across our universal banking model as a frontline relationship manager, trader and senior manager, " said Ajay Banga, Asia Pacific Chief Executive Officer.
After over two years of calls for universal banking in Nigeria, the regulatory authorities have finally given their approval.
 
 
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