Mahsa Tavakolijou - M.SC. candidate of Marketing and e-comrnerce program of TMU/LTU
Amir Albadvi - Associate Professor of Industrial Engineering

The purpose of this paper is to investigate the lending relationship of banks in Iran with business customers. This paper has been examining factors that have led to customer profitability for banks in lending relationships. Our data gathering was done by semi-structured interviews with key persons in private and public banks of Iran. In order to fmd and measure the finn's profitable relationships the customer lifetime value model is to be evaluated. Thls paper attempts to find positive and negative influential factors in customer lifetime value model and to assess their computability and data availability in the banking industry context of Iran.

customer relationship management, customer behavior, customer life time value