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How does brand trust enhance satisfaction and loyalty of commercial bank customers?

Authors :
Krishna C. Alejandrino
Karmela Palma-Samson
Source :
Journal of the Academy of Business and Emerging Markets, Vol 3, Iss 1, Pp 3-14 (2023)
Publication Year :
2023
Publisher :
Academy of Business and Emerging Markets, 2023.

Abstract

The purpose of the study is to discuss the importance of brand trust in the banking industry in the Philippines. This study aims to determine various factors' effect on customer loyalty in a banking service environment. It empirically tests a model that proposes that consumer brand trust and brand effect influence consumer brand loyalty. We used a partial least squares structural equation modeling (PLS-SEM) to test the hypothesis and model. The findings indicated that customer satisfaction influenced consumer brand loyalty. Additionally, the results have a positive, though nonsignificant, the indirect effect of consumer brand trust on the relationship between satisfaction and consumer loyalty.

Details

Language :
English
ISSN :
25636960
Volume :
3
Issue :
1
Database :
Directory of Open Access Journals
Journal :
Journal of the Academy of Business and Emerging Markets
Publication Type :
Academic Journal
Accession number :
edsdoj.f60120aa0c1d45198ad9294936b728cf
Document Type :
article
Full Text :
https://doi.org/10.5281/zenodo.7947206