Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh

Purpose – The study aims to examine the factors affecting the customers' choice of Bangladeshi banks during the Covid-19 pandemic and the moderating effects of private and public banks on this association. Design/methodology/approach – This study is based on explanatory research, where signific...

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Main Author: Md Ashraf Harun
Format: Article
Language:English
Published: Emerald Publishing 2023-03-01
Series:South Asian Journal of Marketing
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/SAJM-01-2022-0004/full/pdf
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author Md Ashraf Harun
author_facet Md Ashraf Harun
author_sort Md Ashraf Harun
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description Purpose – The study aims to examine the factors affecting the customers' choice of Bangladeshi banks during the Covid-19 pandemic and the moderating effects of private and public banks on this association. Design/methodology/approach – This study is based on explanatory research, where significant factors have been explored to evaluate the customers' perception of private and public banks in Bangladesh. Primary data are accumulated through an online survey from customers who have an account in a private or public bank in Bangladesh during the past four months, where 318 (non-probability convenience sampling) are usable, and secondary data are collected from various sources. Descriptive statistics, multiple and hierarchical multiple regressions have been conducted. Findings – The results revealed that customers consider safe and secure websites, infrastructural facilities, technological know-how, service, price, time, payment, administrative and psychological factors in choosing Bangladeshi banks during Covid-19. Moreover, the results show that private and public banks have moderated these associations. Originality/value – During Covid-19, few studies were conducted on Pakistani, Sri Lankan and Ethiopian banking customers, where different factors are significant; however, this study is unique because all factors are significant for Bangladeshi banking customers. The findings will originate the value with several theoretical implications and managerial guidelines.
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spelling doaj.art-16107565d6304f3ba4aa95b9845dfe0f2023-07-04T12:30:09ZengEmerald PublishingSouth Asian Journal of Marketing2719-23772738-24862023-03-0141335010.1108/SAJM-01-2022-0004Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in BangladeshMd Ashraf Harun0Department of Marketing, Faculty of Business Studies, University of Dhaka, Dhaka, BangladeshPurpose – The study aims to examine the factors affecting the customers' choice of Bangladeshi banks during the Covid-19 pandemic and the moderating effects of private and public banks on this association. Design/methodology/approach – This study is based on explanatory research, where significant factors have been explored to evaluate the customers' perception of private and public banks in Bangladesh. Primary data are accumulated through an online survey from customers who have an account in a private or public bank in Bangladesh during the past four months, where 318 (non-probability convenience sampling) are usable, and secondary data are collected from various sources. Descriptive statistics, multiple and hierarchical multiple regressions have been conducted. Findings – The results revealed that customers consider safe and secure websites, infrastructural facilities, technological know-how, service, price, time, payment, administrative and psychological factors in choosing Bangladeshi banks during Covid-19. Moreover, the results show that private and public banks have moderated these associations. Originality/value – During Covid-19, few studies were conducted on Pakistani, Sri Lankan and Ethiopian banking customers, where different factors are significant; however, this study is unique because all factors are significant for Bangladeshi banking customers. The findings will originate the value with several theoretical implications and managerial guidelines.https://www.emerald.com/insight/content/doi/10.1108/SAJM-01-2022-0004/full/pdfCustomers' behaviourBangladeshi bankCovid-19
spellingShingle Md Ashraf Harun
Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
South Asian Journal of Marketing
Customers' behaviour
Bangladeshi bank
Covid-19
title Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
title_full Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
title_fullStr Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
title_full_unstemmed Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
title_short Customers' choice of the bank during the Covid-19 pandemic: the moderating effect of different banks in Bangladesh
title_sort customers choice of the bank during the covid 19 pandemic the moderating effect of different banks in bangladesh
topic Customers' behaviour
Bangladeshi bank
Covid-19
url https://www.emerald.com/insight/content/doi/10.1108/SAJM-01-2022-0004/full/pdf
work_keys_str_mv AT mdashrafharun customerschoiceofthebankduringthecovid19pandemicthemoderatingeffectofdifferentbanksinbangladesh