An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank

The purpose of this research is to reveal essential factors that have influences on customer loyalty directly in Albanian retail banking context. In order to bring out essential factors, we have developed a questionnaire and 410 people participated in the survey. Five different factors have been des...

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Bibliographic Details
Main Authors: Yüksel KÖKSAL, Oneda DEMA
Format: Article
Language:deu
Published: Celal Bayar University 2014-06-01
Series:Yönetim ve Ekonomi
Subjects:
Online Access:http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C21S12014/357-368.pdf
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author Yüksel KÖKSAL
Oneda DEMA
author_facet Yüksel KÖKSAL
Oneda DEMA
author_sort Yüksel KÖKSAL
collection DOAJ
description The purpose of this research is to reveal essential factors that have influences on customer loyalty directly in Albanian retail banking context. In order to bring out essential factors, we have developed a questionnaire and 410 people participated in the survey. Five different factors have been described to analyze their directly impacts on customer loyalty such as Service, Security, Relationship, Reliability and Staff. The significant relations of each factor with customer loyalty have been analyzed by conducting confirmatory factor analysis. Obtained results indicate that only ‘relationship’ and ‘staff’ factors have a direct impact on customer loyalty. Determination of the essential factors on customer loyalty in banking sector will be helpful to bank managers to define priorities in order to enhance customer satisfaction and loyalty.
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spelling doaj.art-de290b3e2eed455694f0c2a373cc9a532023-02-15T16:18:02ZdeuCelal Bayar UniversityYönetim ve Ekonomi1302-00641302-00642014-06-01211357368An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail BankYüksel KÖKSALOneda DEMAThe purpose of this research is to reveal essential factors that have influences on customer loyalty directly in Albanian retail banking context. In order to bring out essential factors, we have developed a questionnaire and 410 people participated in the survey. Five different factors have been described to analyze their directly impacts on customer loyalty such as Service, Security, Relationship, Reliability and Staff. The significant relations of each factor with customer loyalty have been analyzed by conducting confirmatory factor analysis. Obtained results indicate that only ‘relationship’ and ‘staff’ factors have a direct impact on customer loyalty. Determination of the essential factors on customer loyalty in banking sector will be helpful to bank managers to define priorities in order to enhance customer satisfaction and loyalty.http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C21S12014/357-368.pdfBanking sectorcustomer loyalty and essential factors
spellingShingle Yüksel KÖKSAL
Oneda DEMA
An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
Yönetim ve Ekonomi
Banking sector
customer loyalty and essential factors
title An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
title_full An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
title_fullStr An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
title_full_unstemmed An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
title_short An Investigation of the Essential Factors on Customer Loyalty in Banking Sector: A Case of Albanian Retail Bank
title_sort investigation of the essential factors on customer loyalty in banking sector a case of albanian retail bank
topic Banking sector
customer loyalty and essential factors
url http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C21S12014/357-368.pdf
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