Answer: b. Retail banks loan money to small businesses while commercial banks loan money to large corporations.
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What explains the difference between retail and commercial banking?
Tue Apr 09 2019 · Retail banking refers to the division of a bank that deals directly with retail customers. Also known as consumer banking or personal banking retail banking is the visible face of banking to the general public with bank branches located in abundance in most major cities.
Wed Oct 02 2019 · As a result most banking institutions have both a retail and a commercial arm. While the bank may have different teams that work on each account they are not separate institutions.
Fri Jul 12 2013 · Retail banking refers to the division of a bank that deals directly with retail customers. Also known as consumer banking or personal banking retail banking is the visible face of banking …
Sun Nov 25 2018 · B) Retail banks loan money to small businesses while commercial banks loan money to large corporations is the correct answer. Explanation: The difference between retail and commercial banking is Retail banks loan money to small businesses while commercial banks...
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