Gebrehiwot, Gebremedhin (PhD)Gashaw, Fikirte2018-10-302023-11-042018-10-302023-11-042015-10http://etd.aau.edu.et/handle/123456789/13375This study intends to assess determinants of default in project finance in the case of Commercial Bank of Ethiopia. In the study both qualitative and quantitative approach were adopted. Using structured questionnaires a survey was conducted on Banks’ credit performers who directly involve in project financing process from beginning to end. In order to obtain more insight on the cases, the study used document review on the Bank record and conducts an in-depth interview on senior credit officials in CBE. The findings of the study indicates; poor due diligence assessment made by the bank to know the customer, weak credit negotiation, weak credit assessment on the feasibility of the project, in adequate skill of the credit performers, under-finance, poor monitoring and follow-up, shortage of foreign currency supply, unwillingness of the borrower to disclose truthful information, unplanned and ambitious business expansion, lack of commitment by the project promoter, lack of understanding the project by the project promoter, management capacity problem, poor working capital management, willful default, data or information constraint to appraise project loan, inflation, foreign currency fluctuation, and poor credit culture in the industry, as a significant cause of default.enDefault in Project FinanceThesis