Reasons for debt default in Libyan commercial banks "A field study on Libyan commercial banks"

Abstract

This study aims to attempt to highlight on the causes of debt default in Libyan commercial banks, in order to achieve the objectives of the study, a questionnaire was designed and distributed to the study sample, where the number of the questionnaire distributed reached (73), the obtained data were analyzed using appropriate statistical methods using the program of Statistical Package for the Social Sciences (SPSS), the study reached a set of results, the most important of which are: the studied elements are assumed to be related to the causes of debt default in Libyan commercial banks (credit policy, clients actions and behavior, credit management staff, central bank policy, economic and political conditions), they were all available to a high degree, in addition, the study presented a set of recommendations, that may contribute to reduce the problem of defaulting debts in Libyan commercial banks.