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Trust as a determining factor regarding the behavior of consumers of financial-banking services

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dc.contributor.author Mistrean, Larisa
dc.date.accessioned 2020-12-22T09:30:26Z
dc.date.available 2020-12-22T09:30:26Z
dc.date.issued 2020
dc.identifier.uri http://irek.ase.md:80/xmlui/handle/1234567890/1014
dc.description MISTREAN, Larisa. Trust as a determining factor regarding the behavior of consumers of financial-banking services = Încrederea ca factor determinant privind comportamentul consumatorilor de servicii financiar-bancare. In: Competitivitatea şi inovarea în economia cunoaşterii [online]: culegere de articole ştiinţifice: conf. şt. intern., 25-26 sept. 2020. Chişinău: ASEM, 2020, pp. 614-621. e-ISBN 978-9975-75-985-4. en_US
dc.description.abstract Trust essentially means human interaction that is based mainly on values. The process itself is a long one in which expectations must get real, this is what the Anglo-Saxons call "minds and hearts". We consider it is important to understand that trust is built from expectations, achieved expectations. From this perspective, the public must know that it is essential to build realistic, fair expectations of banks, of the banking system. Banks, in turn, need to fulfil expectations, build trust if they want to positively influence customers' behavior towards their products and services. With the increasing demands of consumers and their selectivity regarding the choice of financial-banking services, banks are becoming more concerned with retaining their existing customers and attracting new customers, which is why there is a need to know the degree of trust consumers have in the financial institution. In order to increase the level of trust and customer loyalty, banks must combine policies, their operating procedures with a good understanding of the customer, his real needs, his business environment. The objective of this study is to deduce and describe the degree of trust as a factor that determines the behavior of the consumer of financial-banking services. We aim to identify the factors that affect the client's trust in the bank and the ways to increase it in order to determine him to purchase various financial products and services from the bank. JEL: G21, G41, D11. en_US
dc.language.iso other en_US
dc.publisher ASEM en_US
dc.subject banks en_US
dc.subject banking system en_US
dc.subject customers' trust en_US
dc.subject customers' needs en_US
dc.subject customers' behavior en_US
dc.subject financial-banking services en_US
dc.subject customers' expectations en_US
dc.title Trust as a determining factor regarding the behavior of consumers of financial-banking services en_US
dc.title.alternative Încrederea ca factor determinant privind comportamentul consumatorilor de servicii financiar-bancare en_US
dc.type Article en_US


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