Retail Banking

(redirected from Personal banking)

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 ?
The Washington, D.C.-based publisher of business forecasts and personal finance advice cited BBVA's expansive wealth services, including its attractive relationship program and well-regarded private bank, and specifically noted its Premier Personal Banking program.
NORDIC BUSINESS REPORT-November 15, 2018-Nordea appoints Frank Vang-Jensen aps new head of Personal Banking
By integrating business banking and personal banking on a single digital platform, HSBC Fusion is our way of giving business banking customers more clarity into their finances, helping them save time and get ahead with easy access to funding, advice and opportunities."
RBS personal banking managing director Simon Watson said: "We know branches are important to many communities but equally we know that fewer and fewer people are using them as more people bank online."
RBS is joint bottom of the personal banking league table alongside Clydesdale, with less than half of customers saying they would recommend the lender.
First Abu Dhabi Bank (FAB) announced on Tuesday that it would be integrating the business of its consumer finance subsidiary, Dubai First, into FAB's Personal Banking Group.
First Abu Dhabi Bank (FAB), the UAE's largest bank, and one of the world's largest and safest financial institutions, has announced plans to integrate the business of its consumer finance subsidiary, Dubai First, into FAB's Personal Banking Group (PBG).
The bank will also continue to offer Egyptian clients an opportunity to invest in multi-asset classes including equities, fixed income, and money markets and will focus on further enhancing its personal banking services moving forward.
Gross loans and advances grew by 6.2 percent to Dh31.6 billion in the half year with strong growth in wholesale banking book and steady growth in the personal banking and business banking segments.
the software company empowering the worlds leading enterprises with strategic applications for customer engagement, today announced enhancements to its industry leading Pega Client Lifecycle Management (CLM) and Pega Know Your Customer (KYC) applications that provide the industrys first unified solution for managing both corporate and personal banking customer journeys.
1 Barclays' contact centre in the North East is leading the way with a new high-tech service for personal banking customers.
BARCLAYS' contact centre in the North East is to lead the UK launch of a voice recognition service for personal banking customers, the banking giant has announced.