Definition of retail banking in US English:

retail banking

noun

  • See retail bank

    • ‘A person with a retail sales background would be an ideal candidate for a job in retail banking.’
    • ‘The money raised will be used to fund organic growth in its retail banking and also its insurance and investment divisions.’
    • ‘As those who are familiar with the retail banking system will be aware, the IT system is the bane of many of our lives.’
    • ‘Both economies are vastly different, especially in retail banking.’
    • ‘The retail banking sector can play a much larger role in stimulating the local economy.’