The effect of the credit query in reducing credit risks from the viewpoint of workers in Jordanian banks

Abstract

The study aimed to identify the impact of the credit query in reducing credit risks from the viewpoint of workers in Jordanian banks, and to achieve the goal of the study, the researchers adopted the descriptive analytical approach, where a questionnaire is designed and distributed to a sample of (176) individuals within the upper and middle administrative levels in Jordanian banks. The study reached a set of results, the most important of which is the existence of a negative correlation between the level of use of the credit query system and each of the financial, administrative and legal credit risks, in addition a statistically significant effect of using the credit query system in reducing the financial, administrative and legal credit risks. The study recommended that Jordanian banks should continue to use the credit system because of its positive effects on the efficiency and effectiveness of granting credit to business organizations or individuals alike.