Manuscript Title:

SERVICE QUALITY ON CUSTOMER RETENTION IN SAUDI BANKING INDUSTRY

Author:

NAGWA AMIN AHMEDALI ABDELKAWY, Dr. VIMALA VENUGOPAL MUTHUSWAMY

DOI Number:

DOI:10.17605/OSF.IO/NHJYK

Published : 2022-05-10

About the author(s)

1. NAGWA AMIN AHMEDALI ABDELKAWY - Assistant Professor, Department of Economics, College of Business Administration, King Faisal University, Kingdom of Saudi Arabia.
2. Dr. VIMALA VENUGOPAL MUTHUSWAMY - Associate Professor, Business Administration Department, King Faisal University, Kingdom of Saudi Arabia.

Full Text : PDF

Abstract

As the Saudi Arabian banking industry pursues and realizes Vision 2030, the existing protections provided to local banks will be removed, resulting in increasing competitiveness. The study looked into the factors that influence customer retention in the Saudi Arabia banking business in the hopes of helping local bank executives improve their institutions' competitiveness. The researcher obtained quantitative and qualitative data from a geographically diversified sample set of 200 customers from Saudi Arabian private and public banks using a standardized survey questionnaire. Customer retention in the banking business is driven by the quality of service and individual connection, according to the research. The findings corroborated previous research that emphasized the relevance of high-quality services and individualized interactions in customer retention. Managers from banks can use the data to improve Saudi Arabian Bank's performance in an ever-changing operational environment.


Keywords

SERVICE QUALITY ON CUSTOMER RETENTION IN SAUDI BANKING INDUSTRY