Meaning of “retail banking” in the English Dictionary


"retail banking" in Business English

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retail bankingnoun [ U ]

uk us also consumer banking

BANKING the activities of banks that provide services to the public and to small businesses rather than to large companies and organizations:

Growth in the company's core retail banking business has slowed.
Competition in German retail banking is increasing rapidly.

(Definition of “retail banking” from the Cambridge Business English Dictionary © Cambridge University Press)