Main Services of a Retail Bank
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Savings and Deposit Accounts – for storing money and earning interest.
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Loans – such as personal loans, mortgages, car loans, and credit cards.
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Bank Cards – debit and credit cards for everyday transactions.
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Payments and Transfers – utility bill payments, domestic and international money transfers.
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Online & Mobile Banking – managing accounts via apps and websites.
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Safe Deposit Boxes – for storing valuable items securely at the bank.
Retail Bank vs. Corporate Bank
| Feature | Retail Bank | Corporate Bank |
|---|---|---|
| Customers | Individuals | Large companies and institutions |
| Services | Personal finance services | Complex financial and investment services |
| Examples | Savings, loans, cards | Trade finance, cash management, business loans |
Examples of Global Retail Banks
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Bank of America
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Wells Fargo
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Chase (JPMorgan)
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HSBC Personal Banking
Retail Banks in Uzbekistan
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Ipoteka Bank
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Xalq Banki
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Kapitalbank
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Hamkorbank
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TBC Bank (fully digital)