NEXUS BETWEEN SERVICE QUALITY & CUSTOMER LOYALTY: MEDIATING ROLE OF CUSTOMER SATISFACTION IN BANKING SECTOR

Authors

  • Shahid Ali Shah PhD Scholar, Center for Management & Commerce, University of Swat, KP, Pakistan
  • Hazrat Bilal Professor, Center for Management and Commerce, University of Swat, KP, Pakistan
  • Ijaz Sanober MS Scholar, Center for Management and Commerce, University of Swat, KP, Pakistan

DOI:

https://doi.org/10.53664/JSRD/05-01-2024-04-37-46

Abstract

In modern banking industry, for maintaining competitive edge, standing of customer loyalty has become paramount and indispensable. Due to fierce competition within banking sector, understanding and nurturing customer loyalty has appeared as a strategic imperative. This research investigates the service quality impact on customer satisfaction and effect of customer satisfaction on customer loyalty. It looks at the role of customer satisfaction as a mediator in relationship amid dependent and independent variables. In order to validate this link, data was collected from 250 customers across the five major banks operating in Nikpikhel, Swat. The results revealed a significant positive relationship amid two study variables. The mediation analysis reveals that customer satisfaction partially mediates relationship between the given variables. The findings of study highlight the critical importance of study factors which enhance customer loyalty in banking sector. The conclusion offers certain clues towards some recommendations to banking sector and customers concerning the issues under consideration in this study.

Details

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    PDF Downloads: 23

Published

31-03-2024

How to Cite

Shahid Ali Shah, Hazrat Bilal, & Ijaz Sanober. (2024). NEXUS BETWEEN SERVICE QUALITY & CUSTOMER LOYALTY: MEDIATING ROLE OF CUSTOMER SATISFACTION IN BANKING SECTOR. JOURNAL OF SOCIAL RESEARCH DEVELOPMENT, 5(1), 37–46. https://doi.org/10.53664/JSRD/05-01-2024-04-37-46

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Section

Articles