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Retail and commercial banking - Coggle Diagram
Retail and commercial banking
Types of Financial Institutions
Commercial (Wholesale) Banks
Building Societies
Retail Banks
Credit Unions
Banking Services
Deposits
Payments:
Digital Services
Lending
Traditional vs. Digital Banks
Traditional
in-person services
higher fees
Branches
Digital
lower fees
24/7 access
Online-only
AI-driven support
Key Terms from Glossary