Determinants of Customer Satisfaction in Microfinance Banks of Pakistan

Author(s)

Dr. Irfan Ali- , Turab Ali Shah , Dr. Rukhsana Gul Gilal ,

Download Full PDF Pages: 302-310 | Views: 335 | Downloads: 98 | DOI: 10.5281/zenodo.3468719

Volume 5 - December 2016 (12)

Abstract

The leading indicator of loyalty and repurchase intention is customer satisfaction. This study is focused on identification of basic factors or areas which determine the customer satisfaction in microfinance banking industry. Data was collected through a standard questionnaire from 149 customers of 30 branches of 3 major microfinance banks. SPSS 16 was used for data analysis. Results concluded that microfinance banks policies and procedures, the physical appearance of the bank branch, empathy and commitment of staff with the customers are major factors which determine the customer satisfaction in microfinance banks. 

Keywords

Customer satisfaction, Microfinance, Banking industry, Pakistan.

References

  1. Hair, J. F., Anderson, R. E., Tatham, R. L., Black, W. C., (1998). Multivariate Data Analysis, 5thEdition, Prentice Hall, New Jersey. Lawrence Erlbaum Associates, Publishers.
  2. Churchill, G.A. Jr. (1979), “A paradigm for develNunnally, J.C. (1978), Psychometric Theory, 2nd ed., McGraw-Hill, New York, NY.
  3. Churchill, G.A. Jr. (1979), “A paradigm for developing better measures of marketing constructs,” Journal of Marketing Research, Vol. 16, February, pp. 64-73.
  4. Abraham, P., & Taylor, E. (1999). International journal of contemporary hospitality management, 326-339.
  5. Caruana, A. (2002). European journal of marketing, 811-828.
  6. Fornell, Jhonson, Michael, D., Anderson, & eugenew, C. (1996). journal of marketing, 7.
  7. hennig, t., thaurau, & klee, a. (1997). psychology and marketing, 737-764.
  8. Hsin, H. L., & Yi, S. w. (2006). Information and management, 271-282.
  9. Kazi, U. (2011). International journal of business and management.
  10. Kurt, M., & Elmar, S. (2002). international journal of science and industry management, 314-332.
  11. lee, H., lee, y., & yoo, D. (2000). journal of service marketing, 217-231.
  12. Robert, h. (1996). international journal of science and industry management, 27-42.
  13. Robert, J. (1996). international journal of science and industry management, 58-71.
  14. Ruth, n. B. (1998). international journal of science and industry, 45-65.
  15. Sogunro, A. B., & Abioda, B. (2014). international journal of management business resources, 73-80.
  16. Thorsten, H., & Tharau. (2004). international journal of science and industry management, 460-478.
  17. Zhaohua, D., Yaobin, l., Kwok, K. W., & Jinlong, Z. (2010). international journal of information management, 289-300.

Cite this Article: