Retail banking
Offering of services by a financial institution to the general public
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1 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Finance (1)
- Economy (1)
- Technology (1)
🏷️ Keywords
Lloyds Banking Group (1) · Branch closures (1) · Retail banking (1) · Digital transformation (1) · High street (1) · UK economy (1) · Santander (1)
📖 Key Information
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking).
Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking.
📰 Related News (1)
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🇬🇧 Lloyds Banking Group to close another 95 branches
The closures have been announced days after Santander said it would shut branches....
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Retail banking:
- 🏢 Lloyds Banking Group (1 shared articles)
- 🌐 High Street (1 shared articles)
- 🏢 Digital transformation (1 shared articles)