10 Questions
What is a characteristic of retail deposit and lending?
Relatively small in value
What distinguishes wholesale banks from retail banks?
Dealing with large corporations
Which type of banking usually involves large transactions?
Wholesale deposit and lending
What is a common feature of retail banks?
Focusing on individual customers
Which statement accurately contrasts retail and wholesale banking?
Wholesale banking involves large transactions, while retail banking primarily deals with individual customers
Which type of banks typically deal with large corporations?
Wholesale banks
In terms of transaction size, what is a characteristic of retail deposit and lending?
They are relatively small in value
What distinguishes wholesale banks from retail banks in terms of customers?
Wholesale banks serve large corporations while retail banks serve small organizations
Which type of banking typically involves relatively large transactions?
Wholesale banking
What characterizes the type of customers retail banks usually deal with?
Individual customers and small organizations
Study Notes
Characteristics of Retail and Wholesale Banking
- Retail deposit and lending transactions involve relatively small values
- Wholesale deposit and lending transactions involve relatively large values
- Retail banks typically deal with individual customers and small organizations
- Wholesale banks typically deal with large corporations
Learn about the differences between retail and wholesale banking, including the size of transactions involved and the types of customers served.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
