Retail Banking Industry Overview - Products & Services

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How does the Retail Banking Industry work? This Retail Banking industry primer from Primerli is designed to help professionals learn about the industry in under an hour. This video delves into retail banking services, deposit accounts and lending services.

Retail banking, often known as consumer banking or personal banking, is financial services provided to individuals rather than enterprises. Individual customers can use retail banking to manage their money, obtain credit, and deposit funds in a secure manner.

Personal banking accounts and services are the primary focus of retail banks. Commercial banks are primarily concerned with serving businesses. They may provide many of the same alternatives, but on a size that is appropriate for commercial purposes. Many banks provide commercial as well as retail services.

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Grow Your Knowledge, Retail Banking Industry (Part 2): Products

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