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Essay heading: retail banking
Essay specific features
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Business |
| Written by: |
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| Date added: |
June 26, 2004 |
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| No of pages / words: |
2 / 381 |
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0 times |
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Essay content:
May be with the active participation of many banks in this lucrative business, the customer will eventually have the benefit of low rates. Thanks to the on set of ATMs, channel migration is visible.
The personal banking segment customers have become the center of attraction. It is their deposit and savings account that are actively sought after, and not mega deposits at a slightly higher rate of interest... displayed 300 characters
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It is their deposit and savings account that are actively sought after, and not mega deposits at a slightly higher rate of interest. Banks are truly spreading their deposit net rather widely.
It perhaps apt to quote what Hugh McCulloch, secretary of the treasury – UK, said long ago – ‘Distribute your loans rather than concentrate them in a few hands... displayed next 300 characters
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