Universal Banking


Also found in: Acronyms.

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.
References in periodicals archive ?
Yahya bin Abdullah Alyahya, GIB's Chief Executive Officer stated "As we predicted last year, the dilution of profitability in 2014 arises from the substantial investment in establishing a new retail bank as part of our pan-GCC universal banking strategy, and will continue through to the expected break-even of the retail bank in 2018.
These wins reveal our rising path in Yemen, and shows that banks are investing more in universal banking technology to grow and deliver excellent customer service", Executive Director for Business Development of ICSFS, Mr.
The World Bank argues that universal banking "also involves close links and extensive consultations between banks and industry.
The results offer insights into both differences and similarities in the organization of banking in Germany and the United Kingdom, specifically, and into the historical importance of financial structure, more generally The findings suggest that the gulf between specialized and universal banking in terms of their influence on economic growth and industrial development is less than commonly believed.
This examination leads to the conclusion that universal banking offers many benefits and few costs to U.
Do the key financial services directives, which enable universal banking across Europe, mean that American corporations should assume a "holistic" approach to corporate funding (i.
Panama-based de novo bank live with Universal Banking and on-demand core processing at advanced Tier III network of data centers servicing the Americas
Global Banking News-March 17, 2015--Mahindra & Mahindra looking for universal banking license
The HFC Bank on November 17, 2003 was issued with a universal banking license by the Bank of Ghana thus, growing into a completely fledged universal bank.
Yemen Kuwait Bank for Trade & Investment (YKB) has implemented ICS BANKS, the universal banking solution from ICS Financial Systems Limited (ICSFS)
LONDON, June 8, 2010 /PRNewswire/ -- Misys plc (LSE: MSY), the global application software and services company, today announces that Bermuda Commercial Bank, the corporate and private wealth bank, has licensed Misys BankFusion Universal Banking.
LONDON, June 8, 2010 /PRNewswire-FirstCall/ -- Misys plc (LSE: MSY), the global application software and services company, today announces that Bermuda Commercial Bank, the corporate and private wealth bank, has licensed Misys BankFusion Universal Banking.
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