Determinants of customer retention in commercial banks in Tanzania: the case of CRDB, NBC and NMB Banks

dc.contributor.authorMsoka, Caroline
dc.date.accessioned2019-11-12T12:52:24Z
dc.date.accessioned2020-01-08T09:52:03Z
dc.date.available2019-11-12T12:52:24Z
dc.date.available2020-01-08T09:52:03Z
dc.date.issued2013
dc.descriptionAvailable in print form, East Africana Collection,Dr,Wilbert Chagula Library ,Class mark (THS EAFHG1616.C87T34M76)en_US
dc.description.abstractThis study examined determinants of customer retention in commercial banks in Tanzania. Four specific objectives were developed related to latent variables: customer service, quality of the products provided by banks, pricing of bank products as well as services and customer satisfaction. The variables’ relationships were established through explanatory studies under positivism paradigm. Both primary and secondary data were used in the study. The study adopted convenience sampling technique from an unbalanced sample of 200 bank customers. Primary data were collected through questionnaires and all 200 bank customers responded positively. The Chi-square and multiple regression analyses were used to test the hypotheses. The Statistical Package for Social Sciences (SPSS) version 20 was employed for analysis. Each latent variable was found to be effective in determining customers’ retention. Cronbach’s coefficient alpha was used to measure internal reliability for each latent variable and for the entire questionnaire. Face validity ensured validity of the instrument. The study discovered that academics need to incorporate quality of products provided by the banks together with pricing of banks products in customer retention models. For Bank of Tanzania, there is a need to expand monitoring and include quality of the products provided by banks to determine the sustainability of banking industry. Moreover, for the banks, there is an opportunity to customize their services as well as increase revenue and at the same time improve service quality by employing more Customer Relationship Managers to serve customers better and enhance their retention.en_US
dc.identifier.citationMsoka, C(2013)Determinants of customer retention in commercial banks in Tanzania: the case of CRDB, NBC and NMB Banks,Master Dissertation, University of Dar Es Salaam. Dar Es Salaamen_US
dc.identifier.urihttp://localhost:8080/xmlui/handle/123456789/5417
dc.language.isoenen_US
dc.publisherUniversity of Dar Es Salaamen_US
dc.subjectBanks and bankingen_US
dc.subjectCustomer servicesen_US
dc.subjectCommercial banksen_US
dc.subjectTanzaniaen_US
dc.titleDeterminants of customer retention in commercial banks in Tanzania: the case of CRDB, NBC and NMB Banksen_US
dc.typeThesisen_US

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