Global Retail Banking Market Forecast to Grow at CAGR of 6.08% Between 2016-2020: MarketResearchReports.biz
Retail banking refers to the business conducted by financial institutions directly with customers. The services offered by retail banks includes savings and transactional accounts, debit cards, credit cards, personal loans, and mortgages. Retail banking is also considered as a mass market banking for individual customers who make use of local branches of larger commercial banks. The retail banking services offer banking provision to individuals and small businesses and deal with large number of low value transactions.
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