What is the difference between commercial banking and retail banking

Asked by admin @ 07/11/2021 in Business viewed by 346 People

What explains the difference between retail and commercial banking?

A) Commercial banks loan money to small businesses, while retail banks loan money to large corporations.
B) Retail banks loan money to small businesses, while commercial banks loan money to large corporations.
C) Commercial banks help small businesses make capital purchases, while retail banks help big businesses invest.
D) Retail banks help big businesses make capital purchases, while commercial banks help consumers invest.

Answered by admin @ 07/11/2021

Answer:

(B) Retail banks loan money to small businesses, while commercial banks loan money to large corporations.

Explanation:

Retail banking is related to banking on individual level such as savings and checking accounts, mortgages, personal loans, debit/credit cards and certificates of deposit (CDs). On the other hand commercial banking is the banking on bigger level such as a company or a higher organization. They perform roles as various types of deposits from public especially from its clients. In other words we can say that retail banking is the sub category of commercial banking.

In selecting a target market for a banks checking accounts, the banks marketers should consider the banks strengths, who would get the most value from those strengths, and ____. a- the cost of reaching different segments b- the roles in the banks buying center c- whether to enter new markets or develop new products d- the lifestyle me of the banks employees

Asked by maham237 @ 14/01/2021 in Business viewed by 332 persons

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2742 persons

What is the difference between commercial banking and retail banking

Answer:

Explanation:

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