MEASURING THE CUSTOMER SATISFACTION OF ISLAMIC BANKING SECTOR IN BANGLADESH Abstract : The banking sector has been playing a significant role in achieving the economic growth of Bangladesh, where contribution of Islamic Banking Sector is remarkable. Islamic Banking Sector shows a substantial growth position in Bangladesh. Customer satisfaction is the most significant affecting phenomenon in determining the banking growth. Thus, this study attempts to measure the existing level of customer satisfaction of Islamic Banks in Bangladesh, using the Structural Equation Model (SEM). This study uses the 22 dimensions of customer satisfaction which used in the earlier studies in different countries for measuring the customer satisfaction of Islamic Banking Sector. A total of 385 samples have been taken from six full pledged Islamic Banks in Bangladesh. It reveals form the study that Human Resources and Systemization Service Delivery is the strongest indicator of customer satisfaction of Islamic Banking Sector in Bangladesh followed by Core Product, Service Capability and Social Responsibility. The findings therefore, may be helpful for policy-makers of banking authorities who have been making serious endeavor to sustain the growth of Islamic Banking Sector in Bangladesh
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Astrid A. Dick, 2007. "Market Size, Service Quality, and Competition in Banking," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(1), pages 49-81, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Benchimol, Jonathan & Bozou, Caroline, 2024.
"Desirable banking competition and stability,"
Journal of Financial Stability, Elsevier, vol. 73(C).
- Jonathan Benchimol & Caroline Bozou, 2022. "Desirable Banking Competition and Stability," Bank of Israel Working Papers 2022.18, Bank of Israel.
- Jonathan Benchimol & Caroline Bozou, 2024. "Desirable banking competition and stability," Post-Print emse-04624985, HAL.
- José A. Novo‐Peteiro, 2023. "Product design with attribute dependence," Manchester School, University of Manchester, vol. 91(4), pages 361-385, July.
- A. Yeşim Orhun & Sriram Venkataraman & Pradeep K. Chintagunta, 2016. "Impact of Competition on Product Decisions: Movie Choices of Exhibitors," Marketing Science, INFORMS, vol. 35(1), pages 73-92, January.
- Berger, Allen N. & Kick, Thomas & Schaeck, Klaus, 2014.
"Executive board composition and bank risk taking,"
Journal of Corporate Finance, Elsevier, vol. 28(C), pages 48-65.
- Berger, Allen N. & Kick, Thomas & Schaeck, Klaus, 2012. "Executive board composition and bank risk taking," Discussion Papers 03/2012, Deutsche Bundesbank.
- Allen N. Berger & Thomas Kick & Klaus Schaeck, 2012. "Executive Board Composition and Bank Risk Taking," Working Papers 12004, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
- Kondo, Kazumine, 2017. "Does Branch Network Size Influence Positively the Management Performance of Japanese Regional Banks?," MPRA Paper 81257, University Library of Munich, Germany.
- James Mulligan, 2011. "Market size, service quality and competition in the US downhill ski industry," Applied Economics Letters, Taylor & Francis Journals, vol. 18(15), pages 1497-1500.
- Allen N. Berger & Astrid A. Dick, 2007. "Entry into Banking Markets and the Early‐Mover Advantage," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(4), pages 775-807, June.
- Allen N. Berger & Astrid A. Dick & Lawrence G. Goldberg & Lawrence J. White, 2007. "Competition from Large, Multimarket Firms and the Performance of Small, Single‐Market Firms: Evidence from the Banking Industry," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(2‐3), pages 331-368, March.
- Xavier Vives, 2011.
"Competition and Stability in Banking,"
Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia (ed.),Monetary Policy under Financial Turbulence, edition 1, volume 16, chapter 12, pages 455-502,
Central Bank of Chile.
- Xavier Vives T., 2010. "Competition and Stability in Banking," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 13(2), pages 85-112, August.
- Vives, Xavier, 2010. "Competition and stability in banking," IESE Research Papers D/852, IESE Business School.
- Xavier Vives, 2010. "Competition and Stability in Banking," Working Papers Central Bank of Chile 576, Central Bank of Chile.
- Xavier Vives, 2010. "Competition and Stability in Banking," CESifo Working Paper Series 3050, CESifo.
- Brekke, Kurt R. & Siciliani, Luigi & Straume, Odd Rune, 2010.
"Price and quality in spatial competition,"
Regional Science and Urban Economics, Elsevier, vol. 40(6), pages 471-480, November.
- Kurt R. Brekke & Luigi Siciliani & Odd Rune Straume, 2009. "Price and quality in spatial competition," NIPE Working Papers 21/2009, NIPE - Universidade do Minho.
- Brekke, Kurt Richard & Siciliani, Luigi, 2009. "Price and quality in spatial competition," CEPR Discussion Papers 7422, C.E.P.R. Discussion Papers.
- Joseph Kuehn, 2020. "Strategic Complementarities in Bank Branching Decisions," Journal of Industrial Economics, Wiley Blackwell, vol. 68(4), pages 640-692, December.
- Siddharth Jain & Partha Gangopadhyay, 2020. "Impacts of Endogenous Sunk-Cost Investment on the Islamic Banking Industry: A Historical Analysis," JRFM, MDPI, vol. 13(6), pages 1-23, May.
- Yifei Wang & Toni M. Whited & Yufeng Wu & Kairong Xiao, 2022.
"Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation,"
Journal of Finance, American Finance Association, vol. 77(4), pages 2093-2141, August.
- Yifei Wang & Toni M. Whited & Yufeng Wu & Kairong Xiao, 2020. "Bank Market Power and Monetary Policy Transmission: Evidence from a Structural Estimation," NBER Working Papers 27258, National Bureau of Economic Research, Inc.
- Hailu Abebe Wondirad, 2020. "Competition and microfinance institutions’ performance: evidence from India," International Journal of Corporate Social Responsibility, Springer, vol. 5(1), pages 1-19, December.
- Philip Molyneux & Tim Mi Zhou, 2022. "Banking market reaction to auctions of failed banks," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 518-534, January.
- GIANNETTI, Caterina, 2007.
"Intensity of competition and market structure in the Italian banking industry,"
LIDAM Discussion Papers CORE
2007041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Giannetti, C., 2008. "Intensity of Competition and Market Structure in the Italian Banking Industry," Other publications TiSEM 10526591-04bf-45db-82d0-9, Tilburg University, School of Economics and Management.
- Giannetti, C., 2008. "Intensity of Competition and Market Structure in the Italian Banking Industry," Discussion Paper 2008-43, Tilburg University, Center for Economic Research.
- Bruce Lyons & Minyan Zhu, 2019.
"Consumer Uptake of Internet Banking, Endogenous Market Structure and Regional Integration in Europe,"
Economics Discussion Papers
em-dp2019-14, Department of Economics, University of Reading.
- Bruce Lyons & Minyan Zhu, 2019. "Consumer Uptake of Internet Banking, Endogenous Market Structure and Regional Integration in Europe," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2019-04, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Mattia Girotti, 2021.
"How monetary policy changes bank liability structure and funding cost,"
Oxford Economic Papers, Oxford University Press, vol. 73(1), pages 49-75.
- M. Girotti, 2016. "How Monetary Policy Changes Bank Liability Structure and Funding Cost," Working papers 590, Banque de France.
- Robert Adams & Dean Amel, 2016. "The Effects of Past Entry, Market Consolidation, and Expansion by Incumbents on the Probability of Entry in Banking," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 48(1), pages 95-118, February.
- Cindy Truong, Yan Wendy Wu, 2014. "Female Bank Executives: Impact on Performance and Risk Taking Substitutes?," LCERPA Working Papers wm0067, Laurier Centre for Economic Research and Policy Analysis.
More about this item
Keywords
Customer Satisfaction; Islamic Banking and Structural Equation Modeling (SEM);Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:scm:ecofrm:v:4:y:2015:i:s1:p:30. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iulian Condratov (email available below). General contact details of provider: https://edirc.repec.org/data/feusvro.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.