This retail banking industry primer from Primerli is designed to help professionals learn about the industry in under an hour. This video covers an introduction to retail banking, as a lead into later videos that explore more in depth areas of retail banking. Please Subscribe https://www.youtube.com/@primerli How does the Retail Banking Industry work? Retail banking, also known as consumer banking or personal banking, is banking that provides financial services to individual consumers rather than businesses. Retail banking is a way for individual consumers to manage their money, have access to credit, and deposit their money in a secure manner. Retail banking helps the bank to lower the cost of deposit and operations. It also reduces the risks stemming from dependency on large loans. Retail banks provide a variety of services to the general population, including bank accounts, fixed deposits, credit and debit cards, loans, and so on. These services assist customers in effectively managing their finances. Deposits and withdrawals, for example, can be made both online and in a bank branch. Retail banking provides financial services to individual consumers rather than large institutions. Personal banking accounts and services are the primary focus of retail banks. Commercial banks are primarily concerned with serving businesses. They may provide many of the same alternatives, but on a size that is appropriate for commercial purposes. Many banks provide commercial as well as retail services. The learning concepts are created by a team of former top tier strategy consultants, in collaboration with industry veterans with decades of experience. Together, they collaborate with a production team to create highly engaging, entertainment-quality content. Videos in the series include: ✅ Retail Banking Industry Overview, introduction https://youtu.be/qQ_cm6hh464 ✅ Retail Banking Industry Overview - the products & services https://youtu.be/eMrJCTpG9Zc The full e-learning modules are being used by many of the top global consulting and professional services firms - subscriptions to the full content library is available 👉https://www.primerli.com/schedule-a-demo I hope you enjoyed this video. Make sure that you click the "Like" button and also share this video with your friends and others who might also be interested to learn an introduction to retail banking, as a lead into later videos that explore more in depth areas of retail banking. Please click "Subscribe" and click the bell icon to keep up to date with new videos from Primerli the channel. And if you've got any questions or feedback about this video topic, please leave a comment below. ✅LinkedIn 👉 https://www.linkedin.com/company/primerli/ ✅Please Subscribe 🙏https://www.youtube.com/@primerli Grow Your Knowledge, Retail Banking Industry (Part 1): Introduction #retailbanking #banking #retailsbankingindustry #industry #retailbankingservice #bankingservice #retail #elearningfreecourses #payments #Primerli #knowledge #payments #paymentindustry #paymentsystem #digitalpaymentsystem #digitalpayment #digitalpayments #globalpaymentsprocessing #elearningfreecourses