Definitions for retail banking
re·tail bank·ing

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1. Retail banking

   Retail banking is when a bank executes transactions directly with consumers, rather than corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. The term is generally used to distinguish these banking services from investment banking, commercial banking or wholesale banking. It may also be used to refer to a division of a bank dealing with retail customers and can also be termed as Personal Banking services. In the US the term Commercial bank is used for a normal bank to distinguish it from an investment bank. After the great depression, through the Glass–Steagall Act, the U.S. Congress required that banks only engage in banking activities, whereas investment banks were limited to capital markets activities. This separation was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that mostly deals with deposits and loans from corporations or large businesses, as opposed to individual members of the public.

How to pronounce retail banking?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say retail banking in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of retail banking in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of retail banking in Pythagorean Numerology is: 6

Examples of retail banking in a Sentence

1. Tharman Shanmugaratnam:

   We are starting with two digital full bank licenses, so as not to fragment Singapore's small domestic retail banking market.

2. Tharman Shanmugaratnam:

   The far-reaching effects of digitalization are stimulating a fundamental re-think of the role of banks, in most advanced financial centers, we are starting with two digital full bank licenses, so as not to fragment Singapore's small domestic retail banking market.

3. BTG Pactual:

   Banks can now grow without brick-and-mortar branches, that's why BTG has decided to invest in retail banking.

4. Wells Fargo CEO John Stumpf:

   Wrongful sales practice behavior in our retail banking business ... runs counter to our vision of helping our customers succeed financially and it is not representative of Wells Fargo as an institution.

References

1. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=retail banking