Problem formulation: What factors influence the customer’s choice of bank? How is the customer loyalty towards the customer’s current bank? Purpose: The main purpose is to see what factors are definitive to the customer’s choice of bank and how strong the customer loyalty is towards the bank. It is also interesting to see whether customers who are satisfied with their current bank may still consider switching to something else. Method: The method is both qualitative and quantitative methods of data collection, with main focus on a quantitative survey. The qualitative part consists of interviews with a smaller focus group to receive a deeper insight of the consumer’s thoughts regarding the main purpose and problem formulations. Conclusion: The main factor when choosing a bank is recommendations from family or friends. Other factors that also influences the customer’s choice of bank is mortgage, interest rates and great customer service. Many consumers consider themselves to be more loyal than they really are, and demonstrate satisfaction rather than customer loyalty.

Students today, in the banking system, are the least loyal group. Students are also the most costly group due to the large investments, made by the banks, for them. Banks have generalized all students in one category and have adapted their offering regardless of students’ social statues. As the students banking needs are dependent on their position in their lifecycle, generalizing them in one group is not optimal. The aim of this thesis is to investigate those factors which influence students’ choice of bank. Students are divided into two subcategories namely traditional students and non-traditional students. Non-traditional students are those who are married, cohabiting, having children, or studying part time. Students which do not fall into these four conditions are regarded as traditional students. The difference in banking needs of these two subcategories of students is also investigated. A model, based on the secondary data, was built and subsequently tested on raw data resulting in a quantitative study. The primary data was collected through visitor surveys from students at Lund University. A total of 306 questionnaires were collected during three days whereas 280 of them were used as the basis of the results. The results showed a significant difference between traditional and non-traditional students’ banking needs. The two sub-categories are influenced by different factors when choosing a bank. The results are graphically and numerically presented in graphs and tables respectively. As opposed to previous studies on this field, treating all students as a homogenous group, this thesis have considered students’ social statue also into account. The results of this thesis can therefore be of benefit, for the banks, to understand the different banking needs among students.

Titel: Kundens val av bank   Nivå: C-uppsats i ämnet företagsekonomi   Författare: Sanna Westling och Angelica Kjellin   Handledare: Lars-Johan Åge   Datum: 2012- januari   Syfte: Syftet med denna studie är att belysa vilka faktorer som påverkar kunden i valet av bank och jämföra dessa med bankernas syn på vilka faktorer som avgör kundens val av bank. Målet är att presentera ett resultat som kan vara till nytta för bankerna i deras framtida marknadsföring.   Metod: En kvantitativt inriktad enkätundersökning har via metoden snowballing spridits till respondenter. Resultat har mätts och presenterats empiriskt via staplar och diagram. Kvalitativa intervjuer har skett med bankerna där resultatet har kopplats till enkätundersökningen och en diskussion förts med kopplingar till teorierna vi presenterat och bearbetat med inhämtad sekundärdata.   Resultat & slutsats: Vår studie utmynnade i att de tre viktigaste faktorerna för val av bank är kunskap, kundbehandling och säkerhet. Det visade sig att bankerna var på ungefär samma linje men att det fortfarande finns några kunskapsluckor här att fylla ut.   Förslag till fortsattforskning: Vi har bara skrapat på ytan bland alla de orsaker som kan finnas till valet av bank. Förslaget är att gå djupare och använda sig av fler faktorer i undersökningarna.   Uppsatsens bidrag: Bidraget som vår studie har resulterat i är att den presenterar ny data som komplement till liknande undersökningar som har några år bakom sig. Den har även fyllt den kunskapslucka som existerar idag genom att omfatta kundsegment i alla åldrar.   Nyckelord: Marknadsföring, bank, kundbehandling, köpprocess och konsumentbeteende, kundens val av bank, kundlojalitet.