Bank Selection Decision: Factors Influencing the Choice of Banking Services

dc.contributor.advisorS., Ulaganathan (PhD)
dc.contributor.authorWmariam, Goiteom
dc.date.accessioned2018-06-26T09:11:09Z
dc.date.accessioned2023-11-08T14:37:08Z
dc.date.available2018-06-26T09:11:09Z
dc.date.available2023-11-08T14:37:08Z
dc.date.issued2011-06
dc.description.abstractTo plan a suitable marketing strategy to keep existing customers and for attracting new customers, commercial banks need to identify the criteria on which customers determine their bank selection decision. Hence, the purpose of this study is to examine the significance of bank selection criteria and how customers rank the factors based on their importance level to patronize banks and banking services. It also intended to present an analysis of gender differences in the relative importance of choice criteria in respect of selecting a bank and to elicit the opinion of bank customers on any extra services needed to be offered by banks. Both quantitative and qualitative methodology, using responses given by 201 customers in Addis Ababa city from different occupation (students, employees and businessmen), is employed in the analysis. A non-probability convenience sampling was used and data was factor analyzed to reduce the number of total variables in to manageable way. Finding from this study reveal that the most two important bank selection criteria for customers are “convenience” and “service provision” for the entire customers while it is “bank’s image” as the second most important factor for male customers. On the other hand, the least two important factors of bank selection for customers are “financial benefits/ technology”, “reputation” and “promotion strategy” whereas “attractiveness” for female customers. Given this findings, it is recommended that hierarchical information integration may be a potentially useful method for bank managers to study complex decision making problems such as bank choice. Keywords: Bank Selection Criteria, Customers, Banks, Banking Serviceen_US
dc.identifier.urihttp://etd.aau.edu.et/handle/123456789/3660
dc.language.isoen_USen_US
dc.publisherAddis Ababa Universityen_US
dc.subjectBank selection briteriaen_US
dc.subjectCustomersen_US
dc.subjectBanks;en_US
dc.subjectBanking Serviceen_US
dc.titleBank Selection Decision: Factors Influencing the Choice of Banking Servicesen_US
dc.typeThesisen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Goiteom Wmariam.pdf
Size:
1.15 MB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: