What does retail banking mean?

Definitions for retail banking
re·tail bank·ing

Here are all the possible meanings and translations of the word retail banking.

Freebase

  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 This separation was repealed in the 1990s.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
    Alex
    US English
    Daniel
    Daniel
    British
    Karen
    Karen
    Australian
    Veena
    Veena
    Indian

How to say retail banking in sign language?

  1. retailbanking

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:

    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.

  2. BTG Pactual:

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

  3. Tharman Shanmugaratnam:

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

  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.

Images & Illustrations of retail banking

  1. retail bankingretail bankingretail bankingretail bankingretail banking

Translation

Find a translation for the retail banking definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Discuss these retail banking definitions with the community:

0 Comments

    Citation

    Use the citation below to add this definition to your bibliography:

    Style:MLAChicagoAPA

    "retail banking." Definitions.net. STANDS4 LLC, 2020. Web. 22 Oct. 2020. <https://www.definitions.net/definition/retail+banking>.

    Are we missing a good definition for retail banking? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Nearby & related entries:

    Alternative searches for retail banking:


    Thanks for your vote! We truly appreciate your support.