Effect of Quality Financial Services on Customer Satisfaction by Commercial Banks in Kenya
Luka Kiptai Cheserek, Andrew Kimutai Kimwolo, Felishana Cherop
Abstract
Customer satisfaction is vital for the success of service firms like the banks. The quality of service has become an
aspect of customer satisfaction which transforms itself to a better performance. Day by day it has been proven
that service quality is related to customer satisfaction. This study seeks to establish the effect of service quality on
customer satisfaction in commercial banks in Kenya. The five dimensions of service quality by Parasurama et al,
1985(servqual) such as tangibility, reliability, responsiveness, empathy, and assurance were considered as the
vile for this study. A structured questionnaire with 5 point Likert scale has been used to collect the data by
conducting survey. The sample size is 287 and is chosen on a convenient basis. Data has been analyzed by using
SPSS software (version: 20). Result of the study showed that reliability, responsiveness, assurance and empathy
significantly and positively influenced customer attitudes in terms of satisfaction but tangibility had no significant
influence on satisfaction level of customers that is service quality dimensions are crucial for customer satisfaction
in commercial banks in Kenya.
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