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 ?
The bank was named 'Best Retail Bank in the Middle East' and 'Best Retail Bank in the UAE', in recognition of the various milestones achieved by the retail banking division in 2018.
Dubai Islamic Bank, the UAE's largest Islamic bank, received three much sought after awards, including the 'Strongest Islamic Retail bank in the World', at the prestigious Islamic Retail Banking Awards (IRBA) 2018, recognizing its outstanding performance amongst the world's Islamic retail banks.
across regarding their experiences with their retail bank from April 2017 to February 2018.
is the 'best retail bank' in the Philippines for 2018, beating the country's bigger banks for the first time and taking it only four years since reaching out more aggressively to consumers as a new area of growth.
Security Bank (SBC) was recognized by The Asian Banker as Philippines' Best Retail Bank at the recently concluded International Excellence in Retail Financial Services 2018 Awards ceremony held in Kuala Lumpur, Malaysia, the first time the bank bested the country's larger financial institutions that used to dominate the Retail banking category.
"We must develop the future retail bank today," says Patrick Akinwuntan, Group Executive, Domestic Bank, Ecobank Group and Chairman of the Advisory Board, Retail Banking Councils for Africa.
After almost five years at the helm of Mashreq s Retail Banking Group, Farhad Irani is leaving the UAE and passing leadership of the retail bank to Subroto Som.
The Saudi British Bank (SABB) was named Best Retail Bank in the Kingdom of Saudi Arabia by the Banker Middle East magazine.
Dubai: Emirates NBD announced earlier this week it has been named the aACAyBest Retail Bank in the Middle East' and aACAyBest Retail Bank in the UAE' at The Asian Banker's International Excellence in Retail Financial Services 2015 awards ceremony.
Citigroup has shortlisted several Japanese firms as buyers for its 33-branch Japanese retail bank as part of its global efforts to streamline operations.
Commenting, Ross McEwan said: "Les has done a great job leading the retail bank over recent months, bringing a wealth of banking and customer experience to the role.