Retail banking & corporate banking Loans-Basics of Banking

Description

Retail banking, also known as consumer banking or personal banking, is banking that provides financial services to individual consumers rather than businesses. Retail banking is a way for individual consumers to manage their money, have access to credit, and deposit their money in a secure manner.

Retail banking is a banking facility that offers financial services to the general population rather than companies. It certainly helps retail customers conduct their daily financial dealings more effectively and safely.

There are 3 types of retail banks – small, large, and online. Moreover, they collect funds through service charges, overdraft charges, monthly maintenance fees, and modest fees.

Corporate banking refers to the aspect of banking that deals with corporate customers. Commercial banks make loans that enable businesses to grow and hire people, contributing to the expansion of the economy. Both types of banks offer various products and services.

Corporate banking (also called institutional banking) is a division in a bank responsible for putting together loans to corporations, financial institutions, and governments.

Corporate banking is a very important division within many large commercial and bulge bracket banks; this team serves as a critical link between the commercial banking group and the capital markets/investment banking teams.

Please read the contents of the course before purchasing

TAKE THIS COURSE