The results of privatization of the Sahara bank Libya
The purpose of this paper is to evaluate privatization process, obstacles and difficulties faced by the Libyan economy, particularly financial institutions, mainly banks. Despite the fact that goals of privatization proclaimed by the Government dereliction in the area of developing financial markets...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Pristina in Kosovska Mitrovica, Faculty of Economics
2015-01-01
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| Series: | Ekonomski Pogledi |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501025K.pdf |
| _version_ | 1797224724065943552 |
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| author | Knežević Goranka Erabaa Abubaker Pavlović Vladan |
| author_facet | Knežević Goranka Erabaa Abubaker Pavlović Vladan |
| author_sort | Knežević Goranka |
| collection | DOAJ |
| description | The purpose of this paper is to evaluate privatization process, obstacles and difficulties faced by the Libyan economy, particularly financial institutions, mainly banks. Despite the fact that goals of privatization proclaimed by the Government dereliction in the area of developing financial markets and making the economy more efficient, it is the process with many obstacles. Privatization has also been motivated with political reasons and all the effects of it in this paper will be considered through this prism. In this paper we analyzed the privatization of one of the largest commercial banks in Libya, named Sahara bank. This bank was purchased by French BNP Paribas bank and the results of this privatization supported the idea that when privatization process is led efficiently and smoothly it affects the entity its employees and economy as a wholpositively affects the entity, its employees and economy as a whole. |
| first_indexed | 2024-04-24T13:57:40Z |
| format | Article |
| id | doaj.art-363148a3c502450fa9c3904ba140f855 |
| institution | Directory Open Access Journal |
| issn | 1450-7951 2334-7570 |
| language | English |
| last_indexed | 2024-04-24T13:57:40Z |
| publishDate | 2015-01-01 |
| publisher | University of Pristina in Kosovska Mitrovica, Faculty of Economics |
| record_format | Article |
| series | Ekonomski Pogledi |
| spelling | doaj.art-363148a3c502450fa9c3904ba140f8552024-04-03T16:28:32ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702015-01-01171253410.5937/EkoPog1501025K1450-79511501025KThe results of privatization of the Sahara bank LibyaKnežević Goranka0https://orcid.org/0000-0003-3642-7682Erabaa Abubaker1Pavlović Vladan2https://orcid.org/0000-0002-2228-7095Singidunum University, Belgrade, SerbiaAzzaytuna University, LibyaUniverzitet u Prištini, Ekonomski fakultet, Kosovska Mitrovica, SerbiaThe purpose of this paper is to evaluate privatization process, obstacles and difficulties faced by the Libyan economy, particularly financial institutions, mainly banks. Despite the fact that goals of privatization proclaimed by the Government dereliction in the area of developing financial markets and making the economy more efficient, it is the process with many obstacles. Privatization has also been motivated with political reasons and all the effects of it in this paper will be considered through this prism. In this paper we analyzed the privatization of one of the largest commercial banks in Libya, named Sahara bank. This bank was purchased by French BNP Paribas bank and the results of this privatization supported the idea that when privatization process is led efficiently and smoothly it affects the entity its employees and economy as a wholpositively affects the entity, its employees and economy as a whole.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501025K.pdfprivatization processfinancial institutionfirm performance |
| spellingShingle | Knežević Goranka Erabaa Abubaker Pavlović Vladan The results of privatization of the Sahara bank Libya Ekonomski Pogledi privatization process financial institution firm performance |
| title | The results of privatization of the Sahara bank Libya |
| title_full | The results of privatization of the Sahara bank Libya |
| title_fullStr | The results of privatization of the Sahara bank Libya |
| title_full_unstemmed | The results of privatization of the Sahara bank Libya |
| title_short | The results of privatization of the Sahara bank Libya |
| title_sort | results of privatization of the sahara bank libya |
| topic | privatization process financial institution firm performance |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2015/1450-79511501025K.pdf |
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