what is the difference between commercial banking and retail banking 
retail banking offers deposit access and lending services to individuals commercial banking is another name for corporate banking which offers banking services to businesses governments and other institutions while retail banking offers its services to people for personal use commercial banking serves institutions the bottom lineretail banks offer a variety of products and services to retail customers when people think about a bank they usually think about a retail bank in every city across the country there are bank branches that make banking services accessible to the general public the most common services that retail banks offer are checking and savings accounts mortgages personal loans credit cards and certificates of deposit cds 