Economics, Law and Management - Research article Open Access Logo

The relationship between switching cost, satisfaction and loyalty of banking customers

Vinh Quang Nguyen 1, *
Lan Thi Phuong Huynh 1
  1. University of Technology, VNU-HCM
Correspondence to: Vinh Quang Nguyen, University of Technology, VNU-HCM. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 16 No. 3 (2013) | Page No.: 77-85 | DOI: 10.32508/stdj.v16i3.1630
Published: 2013-09-30

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Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

This study explores the relationship between Switching Cost, Satisfaction and Loyalty of banking customer. SEM (Structural Equation Modeling) results analized on 241 banking customers in Ho Chi Minh City indicate that the satisfaction of the customer is the significant antecedent of both attitudianal and behavioral loyalty. Customer satisfaction explains 61% of changes in attitudinal loyalty and 41% changes in behavioral loyalty. Switching Cost is not important with attitudinal and behavioral loyalty of Vietnamese banking customers. Finally, implications for managers are discussed.

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