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 ?
With Bank Muscat going live on the latest version of TCS BaNCS Universal Banking, our partnership has moved to the next level.
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.
This view suggests that current attention to German universal banking may be misplaced-that nineteenth-century German institutions were used only because conditions would not allow better ones to flourish.
The German system in particular has long tended to be a role model for universal banking (Dale, 1986).
Germany today and before the second World War offers the best example of universal banking.
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-June 23, 2016--KB Financial to offer universal banking solutions
According to TCS, Oman Housing Bank has selected TCS BaNCS Universal Banking software to help deliver an enhanced end-customer experience and enhance operational efficiency.
Yemen Kuwait Bank for Trade & Investment (YKB) has implemented ICS BANKS, the universal banking solution from ICS Financial Systems Limited (ICSFS)
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