Factors affecting the decision to change the bank service among the youth in Hanoi

This study examines factors influencing young customers' bank switching behavior in Hanoi, highlighting service quality as a key factor. Nevertheless, banks should not rely solely on improving service quality for customer retention. Other factors warrant attention. Understanding these influences aids managers in allocating resources effectively to reduce customer churn and attract new clients. This study offers practical insights for banks, enhances the methodological framework, and contributes to the development of bank services.

Authors

Publication Details

Journal
Journal of Finance & Accounting Research
Published
2025-04-01
DOI
https://doi.org/10.71374/jfar.v25.i2.04
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Factors affecting the decision to change the bank service among the youth in Hanoi

Minh Thuong Nguyen, Dang Thanh Bui, Vu Ngoc Linh Khuat
1 links
Journal of Finance & Accounting Research
Islamic Finance and Banking Studies
article

Factors affecting the decision to change the bank service among the youth in Hanoi

Minh Thuong Nguyen, Dang Thanh Bui, Vu Ngoc Linh Khuat
article en

Abstract

This study examines factors influencing young customers' bank switching behavior in Hanoi, highlighting service quality as a key factor. Nevertheless, banks should not rely solely on improving service quality for customer retention. Other factors warrant attention. Understanding these influences aids managers in allocating resources effectively to reduce customer churn and attract new clients. This study offers practical insights for banks, enhances the methodological framework, and contributes to the development of bank services.

Journal of Finance & Accounting Research
Openalex Percentile: Top 89%
Islamic Finance and Banking Studies
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Factors affecting the decision to change the bank service among the youth in Hanoi — Minh Thuong Nguyen, Dang Thanh Bui, et al. · Journal of Finance & Accounting Research (2025) | TGRS Research Map | TGRS