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 ?
BANKING AND CREDIT NEWS-August 2, 2019--Malaysia's RHB Group names head for retail banking
M2 EQUITYBITES-August 2, 2019--Malaysia's RHB Group names head for retail banking
Global Banking News-August 2, 2019--Malaysia's RHB Group names head for retail banking
Sheahan Arasaratnam has been appointed as the Head of Retail Banking in Sri Lanka with effect from 3 June 2019 (subject to regulatory approval).
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.
Hosted by Cambridge IF Analytica, the fourth Islamic Retail Banking Awards (IRBA) took place at the JW Marriott Marquis Hotel in Dubai on November 21, 2018.
joined the bank as Executive Vice President and Director of Retail Banking, Provident Bank announced.
Retail Banking Satisfaction Study, now in its 13th year, is the longest-running and most in-depth survey of the U.S.
Frederic Oudea will be supported by four Deputy CEOs with banking expertise and complementary career experience: Diony Lebot, currently Group Chief Risk Officer, is appointed Deputy CEO, in charge of the control functions; Philippe Aymerich, currently CEO of Credit du Nord, is appointed Deputy CEO, in charge of French Retail Banking activities and their Innovation, Technology & IT department, as well as Group resources; Severin Cabannes, currently Deputy CEO in charge of control functions and Group resources takes over supervision of the Global Banking and Investor Solutions activities; Philippe Heim, currently Chief Financial Officer, is appointed Deputy CEO, in charge of International Retail Banking activities, Financial Services and Insurance.
Four years ago, the bank began to seriously build its retail banking business with its rebranding campaign and retail banking transformation which introduced the 'BetterBanking' campaign to customers.
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.
Oman Arab Bank (OAB) announced the appointment of Jamil Abdul Qader al Zadjali as the new head of the retail banking and business support at Al Yusr Islamic Banking unit.