financial supermarket

Financial supermarket

A company offering a wide variety of financial services such as a combination of banking services, investment services, and insurance brokerage.

Financial Supermarket

A financial institution that offers a wide variety of services to clients. For example, a financial supermarket may serve as a broker, insurance company, and real estate agent. Some financial supermarkets may even offer services approximating banking services. This is both convenient for the client and profitable for the supermarket. Financial supermarkets are made possible largely through deregulation.

financial supermarket

A financial services company that offers customers a wide variety of financial products, generally including insurance, stocks, bonds, real estate services, and annuities. Financial supermarkets are convenient but may not offer the best deals on each of the financial products they sell.
References in periodicals archive ?
I want us to be known as a financial supermarket,' said Gonzales.
The Managing Director of the bank, P Jayarama Bhat, said, the bank remains committed to become a one-stop financial supermarket for its customers.
In the meanwhile, by setting up New Cultural Center and PKU Healthcare Management Center in communities, PKU Resources Group will provide property projects with cultural, medical and financial related space and services such as, PKU lecture, PKU library, community diagnosis and treatment, financial supermarket.
The destruction of shareholder value after the crisis has eclipsed the benefits of financial supermarket.
They consider UAE Exchange as a financial supermarket of sorts, where personalised customer service is quite endearing and professional.
Millions of customers turn to UAE Exchange for money transfer, foreign exchange, payroll solution and bill payments, which has transformed the remittance major into a financial supermarket of sorts.
He further stated that the merger with insurer Travelers Group Inc, which was focused on the supermarket banking or financial supermarket strategy in 1988, did not work out for Citibank as it was neither right for the time or for the company.
With more than 38 million customers and a network of more than 3,200 branches, including in the UK, Hong Kong and China, the bank is a financial supermarket in India having operations in a variety of sectors including asset management, venture capital, factoring, insurance, software development, housing finance, stock broking, financial services and consultancy.
We opened 50 new branches last year, to provide innovative and special solutions for our customers under our understanding of being a financial supermarket.
AaAa The tactic is part of the increasing trend towards the universal banking concept, which has come to define the Moroccan retail finance sector, the group said, underlining that most independent financial institutions are already positioned in several segments of the industry, offering a sort of financial supermarket for clients, with services ranging from stock brokerage and insurance to consumer credit and mortgage loans.
In the corporate governance world as of mid-August 2009, verily here we go again once more unto the breach--not to pursue a claim to the French crown or to forge a global financial supermarket, but to essay major modification of the structure and procedures of the proxy rules and of the election of directors.

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