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What do you think is the difference between retail banking and corporate banking?

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Question ajoutée par Lalia Boukhers , Contracts Manager , Ooredoo
Date de publication: 2017/06/11
Safwat Atallah
par Safwat Atallah , Cheif Accountant , Mohammed Abdulrahman Albahar

Retail banking is directly dealing with the retail customer and is known as consumer banking or personal banking. It shows the real face of banking to the general public whereas corporate banking that deals with business and firms, also provide syndicated loans and many other services.

On the other hand, Corporate banking is known as business banking, refers to the aspect of banking that deals with corporate customers.

Arumugam Velliappa
par Arumugam Velliappa , Accounting Manager , Tradex Engineering Industries LLC

Retail Banking is excusively dealing wiht individual/ consumer Customers and Corporate Banking dealing with Corporte / Firms/ Institutions

Venkat Gnanagari
par Venkat Gnanagari , Branch Accountant , AL-RASHED INTERNATIONAL TRAVELS CO.

The banking industry is divided into two major banking components known as retail banking and corporate banking.

• Retail banks offer their services such as accepting deposits, maintaining savings and checking accounts, and providing loans directly to customers and individuals, instead of other banks and businesses.

• Corporate banking refers to the division in the banking industry that deals solely with businesses and firms and offers services such as savings accounts, checking accounts, loan facilities, credit facilities, trade finance, foreign exchange, etc.

JOY KUMAR
par JOY KUMAR , Office Manager , BD Consult wll

1) Retail banking is directly dealing with the retail (Individual)customer.  2)Corporate banking is known as business banking

Samrat Pandey
par Samrat Pandey , Counselor , Capital International Academy

Retail banking is such banking which directly deals with the customers. It is the visible face of banking to the general public. Whereas corporate banking focuses on corporate customers.

 

Muhammad Aamir Siddiqui
par Muhammad Aamir Siddiqui , Finance Manager , Hydrochina Dawood Power (Pvt) Limited

Banking services rendered to companies is called "Corporate Banking" whereas banking services rendered to individual coustomers & consumers is known as "Retail Banking" 

Muhammad Asghar
par Muhammad Asghar , Deputy Manager Accounts , Lahore School of Economics

Retail Banking is to deal with individual customers to finance their day to day requirements and corporate banking is to deal with companies for their finance requirement to open new business or to increase volume of business. 

Hamza Awad
par Hamza Awad , Senior Accountant , Munshaat Real Estate Projects Company K.S.C

 

Retail banking deals with individual customers but corporate banking deals with companies and institutions.

Salah Elwardany
par Salah Elwardany , Accountant , ‏Huda Al-Khalij Travel & Tourism services

1- Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks. Services offered include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

2- Corporate banking, also known as business banking, refers to the aspect of banking that deals with corporate customers.

Abdul Gafoor
par Abdul Gafoor , Sales Coordinator - Admin Assistant , Doha Bank

Retail banking deals with individual customers and assist them in banking facilities like accounts, deposits, withdrawals, loans, etc. where as corporate banking deals with companies to assist them with corporate facilities like corporate accounts, LC's, overdraffts, etc.

 

 

Adnan Ahmed
par Adnan Ahmed , Senior Reporting Analyst , EXL Inductis (India) Pvt. Ltd

Retail banking also known asConsumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other banks.

Corporate banking, also known as business banking, refers to the aspect ofbanking that deals with corporate customers

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