Bank’s Financial Performance based on Solvency Ratio Before and During the Covid- 19 Pandemic.

Authors

  • Nurul Fauziyyah Nahdlatul Ulama Indonesia University
  • Novita Ayu Nur Maulidah Nahdlatul Ulama Indonesia University

DOI:

https://doi.org/10.57203/ijent.v1i1.2023.11%20-%2019

Keywords:

Solvency Ratio, Conventional Bank, Debt Ratio, Financial Performance, Covid-19

Abstract

This study aims to compare the financial performance of conventional banks listed on the IDX before and during the covid-19 pandemic (2019 to 2020) through solvency ratios. The population used in this study is companies listed in the finance sector on the Indonesia Stock Exchange among 2019 to 2020 as many as 106 companies. By using purposive sampling, 42 conventional banking companies were obtained, so that the sample of this study amounted to 84 because the research data used is 2019 to 2020. The Wilcoxon's Signed Ranks Test is used as a hypothesis analysis in this study by testing capital ratio, primary ratio, and risk assets ratio as solvency analysis. The results found from this study through the Wilcoxon test show that there is no difference in the financial performance of conventional banks before and during the covid-19 pandemic as measured by the solvency ratio.

References

Acharya, V. V., & Steffen, S. (2020). The risk of being a fallen angel and the corporate dash for cash in the midst of COVID. Review of Corporate Finance Studies, 9(3). https://doi.org/10.1093/rcfs/cfaa013

Baker, S. R., Farrokhnia, R., Meyer, S., Pagel, M., & Yannelis, C. (2020). Income, Liquidity, and the Consumption Response to the 2020 Economic Stimulus Payments. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3587894

Beck, T. (2020). Finance in the times of coronavirus. In Economics in the Time of COVID-19.

Bounie, D., Camara, Y., and Galbraith, J. (2020). The COVID-19 containment seen through French consumer transaction data: Expenditures, mobility and online substitution. https://voxeu.org/article/tracking-covid-19-consumption-shock-card-transactions

Cecchetti, S. G., & Schoenholtz, K. L. (2020). 7 Contagion: Bank runs and COVID-19. Economics in the Time of COVID-19.

Elnahass, M., Trinh, V. Q., & Li, T. (2021). Global banking stability in the shadow of Covid-19 outbreak. Journal of International Financial Markets, Institutions and Money, 72. https://doi.org/10.1016/j.intfin.2021.101322

Fajri, G. R. (2018). The Effect of Rentability Ratio, Solvability Ratio, Liquidity Ratio upon the Company’s Value (Emperical Study of Mining companies Sub Sector of Metal and Other Mineral Registered in The Indonesia Stock Exchange in 2012 – 2016). The Accounting Journal of Binaniaga, 3(1). https://doi.org/10.33062/ajb.v3i1.176

Fauziyyah, Nurul; Ramadhan, I. (2021). Dampak Covid-19 pada pasar saham di berbagai negara. Forum Ekonomi, 23(1).

Fauziyyah, N., & Ersyafdi, I. R. (2021). Perilaku Keuangan dan Toleransi Risiko Keuangan Rumah Tangga (Konsumsi dan Investasi) Era Covid-19. Conference of Economic and Business Innovation, 19(11).

Goodell, J. W. (2020). COVID-19 and finance: Agendas for future research. Finance Research Letters, 35. https://doi.org/10.1016/j.frl.2020.101512

Harrison, W. T., Horngren, C. T., Thomas, C. W. (Bill), Tietz, W. M., & Suwardy, T. (2018). Financial Accounting: International Financial Reporting Standards. In Financial Accounting.

Ilhami, & Thamrin, H. (2021). ANALISIS DAMPAK COVID 19 TERHADAP KINERJA KEUANGAN PERBANKAN SYARIAH DI INDONESIA. Jurnal Tabarru’: Islamic Banking and Finance, 4(1). https://doi.org/10.25299/jtb.2021.vol4(1).6068

Kasmir. (2008). Analisis laporan keuangan~Kasmir: Analisis laporan keuangan. Edisi.

Krisdiyanti, H. R., Rapini, T., & Farida, U. (2019). ASSET: Jurnal Manajemen dan Bisnis Pengaruh Kinerja Keuangan Terhadap Kemampuan Membayar Zakat Perusahaan. Desember, 1(1).

Mirawati, M., Putra, R. A., & Fitri, M. D. (2021). PENGARUH CAR, FDR,BOPO TERHADAP ROA DENGAN NPF SEBAGAI VARIABEL INTERVENING PADA BTPN SYARIAH 2015-2019. MABIS: Jurnal Manajemen Bisnis Syariah, 1(1). https://doi.org/10.31958/mabis.v1i1.3085

Nalurita, F. (2017). THE EFFECT OF PROFITABILITY RATIO, SOLVABILITY RATIO, MARKET RATIO ON STOCK RETURN. Business and Entrepreneurial Review, 15(1). https://doi.org/10.25105/ber.v15i1.2080

Peraturan Lembaga Penjamin Simpanan Nomor 3 Tahun 2020 Tentang Peraturan Pelaksanaan Peraturan Pemerintah Nomor 33 Tahun 2020. (2020). Lps.Go.Id. https://lps.go.id/peraturan-lps/-/asset_publisher/Jg82/content/peraturan-lembaga-penjamin-simpanan-nomor-3-tahun-2020-tentang-peraturan-pelaksanaan-peraturan-pemerintah-nomor-33-tahun-2020

Perbankan Indonesia Rapuh di Tengah Pandemi? Cek Data Ini. (2020). CNBC Indonesia. https://www.cnbcindonesia.com/tech/20200807133412-37-178210/perbankan-indonesia-rapuh-di-tengah-pandemi-cek-data-ini

Riftiasari, D., & Sugiarti. (2020). Analisis Kinerja Keuangan Bank Bca Konvesional Dan Bank Bca Syariah Akibat Dampak Pandemi Covid-19. Jurnal Manajemen Bisnis, 33(2).

Sakouvogui, K. (2021). How are the United States Banks faring during the COVID-19 Pandemic? Evidence of Economic Efficiency Measures. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3946344

Seto, A. A. (2021). DAMPAK PANDEMI COVID 19 TERHADAP KINERJA KEUANGAN SEKTOR PERBANKAN DI INDONESIA. Eqien: Jurnal Ekonomi Dan Bisnis, 8(2). https://doi.org/10.34308/eqien.v8i2.248

Siska, E., Gamal, A. A. M., Ameen, A., & Amalia, M. M. (2021). Analysis Impact of Covid-19 Outbreak on Performance of Commercial Conventional Banks: Evidence from Indonesia. International Journal of Social and Management Studies, 2(6).

Surya, Y. A., & Asiyah, B. N. (2020). ANALISIS PERBANDINGAN KINERJA KEUANGAN BANK BNI SYARIAH DAN BANK SYARIAH MANDIRI DI MASA PANDEMI COVID-19. IQTISHADIA Jurnal Ekonomi & Perbankan Syariah, 7(2). https://doi.org/10.19105/iqtishadia.v7i2.3672

Weygandt, J.J., Kimmel, P.D., & Kieso, D. . (2018). Pengantar Akuntansi 2: Berbasis IFRS (2nd ed.). Salemba Empat.

Wicaksono, D. (2021). PENGARUH PROFITABILITAS, KEPEMILIKAN INSTITUSIONAL, DAN UKURAN PERUSAHAAN TERHADAP KETEPATAN WAKTU PENYAMPAIAN LAPORAN KEUANGAN. Kinerja, 3(02). https://doi.org/10.34005/kinerja.v3i02.1158

Zhang, D., Hu, M., & Ji, Q. (2020). Financial markets under the global pandemic of COVID-19. Finance Research Letters, 36. https://doi.org/10.1016/j.frl.2020.101528

Zheng, C., & Zhang, J. (2021). The impact of COVID-19 on the efficiency of microfinance institutions. International Review of Economics and Finance, 71. https://doi.org/10.1016/j.iref.2020.09.016

Downloads

Published

2023-09-14

Issue

Section

Articles

How to Cite

Bank’s Financial Performance based on Solvency Ratio Before and During the Covid- 19 Pandemic. (2023). International Journal of Entrepreneurship and Tourism, 1(1), 11-19. https://doi.org/10.57203/ijent.v1i1.2023.11 - 19