retail banking
noun[U]
ukus(alsoconsumer banking)BANKING
theactivitiesofbanksthatprovideservicesto thepublicand tosmallbusinessesratherthan tolargecompaniesandorganizations:
Growth in the company'scoreretailbankingbusinesshasslowed.
Competition inGermanretailbankingisincreasingrapidly.
Compare
commercial banking
investment banking
private banking