Journal
Metropolitan Journal of Academic and Applied Research
MJAAR
Customer Relationship Management And Customer Retention: A Case Study Of Centenary Bank
Dr Arinaitwe Julius, Asiimwe Isaac Kazaara
| Journal | Metropolitan Journal of Academic and Applied Research (MJAAR) |
| Volume / Issue | Vol. 5, No. 6 |
| Published | 30 June 2026 |
| ISSN | 3006-6417 |
Abstract
This study examined the influence of Customer Relationship Management (CRM) practices on customer retention at Centenary Bank, Uganda's leading microfinance-oriented commercial bank. The dimensions of CRM investigated included service quality, customer communication, complaint handling, and customer loyalty programs. Using a crosssectional survey design, data were collected from 150 bank customers and 30 bank staff using structured questionnaires. Descriptive, correlation, and regression analyses were conducted using SPSS. Findings revealed that CRM practices were significantly and positively associated with customer retention (r = 0.714, p < 0.01). Regression results showed that service quality (β = 0.341, p < 0.001), customer communication (β = 0.289, p < 0.01), and complaint handling (β = 0.251, p < 0.01) were significant predictors of customer retention, collectively explaining 67.3% of variance (R² = 0.673). The study concludes that CRM is a powerful driver of customer retention and recommends that Centenary Bank strengthen its service quality standards, invest in digital communication platforms, and institutionalize a proactive complaint resolution framework.
Keywords
Customer relationship management
Customer retention
Service quality
Complaint handling
Centenary Bank
Uganda
Cite This Article
Dr Arinaitwe Julius & Asiimwe Isaac Kazaara (2026). Customer Relationship Management And Customer Retention: A Case Study Of Centenary Bank. Metropolitan Journal of Academic and Applied Research, 5(6). https://journals.miu.ac.ug/pages/article.php?article_id=480
More in This Issue
View full issue →
41
Working Capital Management And Financial Performance Of Saccos In Wakiso District: A Case Of Munaku Kaamakisubi Co-Operative Savings & Credit Society Ltd In Wakiso District
Working Capital Management
Financial Performance
SACCO
Savings and Credit Cooperative