Menelaah Hubungan Potensi Credit Crunch Modal dan Aset Perbankan

  • Abdul Holik Institut Bisnis Muhammadiyah Bekasi

Abstract

Banking system has to face uncertainty when outbreak of COVID-19 started from Wuhan, Cina. This research tries to find the relationship among potency of credit crunch, capital, and asset. We focus on the credit crunch phenomenon which can hamper the banks’ capability. This research conducted with period since January 2019 until December 2020. Based on the analysis of VAR and VECM, by including variable ATMR/ Kredit (as a proxy for credit crunch potential), asset, and capital that banks hold, we find the differences among the group of Bank BUKU 1, Bank BUKU 2, Bank BUKU 3, dan Bank BUKU 4, in responding potency of credit crunch. From the result it is found among Banks BUKU 1 that potency of credit crunch has negative impact on capital, but not have significant impact on asset. Interestingly among Banks BUKU 2 we find that impact of potency of credit crunch does not appear on capital, but has significant impact on asset. In the group of Bank BUKU 3, potency of credit crunch has not impact on both capital and asset. In the group of Bank BUKU 4, we find that potency of credit crunch influences capital negatively only at lag-1, while at lag-2 and lag-3 the impact is positive. It has impact on asset positively since lag-1 until lag-3. The outbreak of COVID-19 was responded quickly by stakeholders in Indonesia by empowering business through digitalization and new policies that overcome many obstacles.

Downloads

Download data is not yet available.

References

Andrés, J., Boscá, J. E., & Ferri, J. (2015). Household Debt and Fiscal Multipliers, Economica, 82: 1048 – 1081.

Barney, K., & Souksakoun, K. (2021). Credit Crunch: Chinese Infrastructure Lending and Lao Sovereign Debt. Asia & The Pacific Policy Studies, 8: 94 – 113.

Baubeau, P., Monnet, E., Riva, A., & Ungaro, S. (2021). Flight-to-Safety and the Credit Crunch: a New History of the Banking Crises ub France during the Great Depression. The Economic History Review, 74(1): 223 – 250.

Boberski, D. (2009). CDS Delivery Option: Better Pricing of Credit Default Swaps. New York: Bloomberg Press.

Booth, J. (2014). Emerging Markets in an Upside Down World: Challenging Perceptions in Asset Allocation and Investment. West Sussex: John Wiley & Sons Ltd.

Guo, F., Li, J., & Li, M. (2020) The Sudden Stops of Debt-Led Capital Inflows, Credit Crunch, and Exchange Rate Regimes. Review of Development Economics. Online version of record before inclusion in an issue.

Huang, H., & Stephens, E. (2015). From Housing Bust to Credit Crunch, Canadian Journal of Economics, 48(3): 853 – 880.

Hunter, P. (2010). Facing the Credit Crunch: Politics Sends Mixed Messages for Science in the Wake of the Global Financial Crisis. EMBO Reports, 11(12): 924 – 926.

Hutauruk, D. M. (2021). Ini Penyebab Laba Bersih Bank Mandiri (BMRI) Turun 37,71% di Tahun Lalu. https://keuangan.kontan.co.id/news/ini-penyebab-laba-bersih-bank-mandiri-bmri-turun-3771-di-tahun-lalu-1, diakses pada 26 Agustus 2021.

Lütkepohl, H. (2005). New Introduction to Multiple Time Series Analysis. Berlin: Springer-Verlag.

Makhijani, N., & Creelman, J. (2011). Creating a Balanced Score card for a Financial Services Organization. Singapore: John Wiley & Sons (Asia) Pte. Ltd.

Mamatzakis, E. C., & Staikouras, C. (2020). Testing for the Effects of Credit Crunch on Agricultural Investment in the EU. Bulletin of Economic Research, 72(4): 434 – 450.

Minamihashi, N. (2011). Credit Crunch Caused by Bank Failures and Self-Selection Behavior in Lending Markets. Journal of Money, Credit and Banking, 43(1): 133 – 161.

Otoritas Jasa Keuangan (2021). Rancangan Surat Edaran Otoritas Jasa Keuangan No./ SEOJK.03/2021 tentang Perhitungan Aset Tertimbang menurut Risiko untuk Risiko Kredit dengan Menggunakan Pendekatan Standar bagi Bank Umum.

Presbitero, A. F., Udell, G. F., & Zazzaro, A. (2014). Bias and the Credit Crunch: a Regional Perspective. Journal of Money, 46(1): 53 – 85.

Romer, D. (2012). Advanced Macroeconomics. New York: McGraw-Hill.

Situmorang, A. P. (2021). Luar Biasa, Pengguna Aplikasi BRI Online BRImo Naik 660 Persen di 2020. https://www.liputan6.com/bisnis/read/4531105/luar-biasa-pengguna-aplikasi-bri-online-brimo-naik-660-persen-di-2020, diakses pada 26 Agustus 2021.

Tavakoli, M., Mcmillan, D., & Mcknight, P. J. (2014). The Credit Crunch and Insider Trading. Financial Markets, Institutions and Instruments, 23(2): 71 – 100.

Published
2024-12-25
How to Cite
HolikA. (2024). Menelaah Hubungan Potensi Credit Crunch Modal dan Aset Perbankan. Prosiding Seminar Hasil Penelitian Dan Pengabdian Kepada Masyarakat (SEHATI ABDIMAS), 7(1), 317-330. https://doi.org/10.47767/sehati_abdimas.v7i1.934
Section
PENELITIAN SEHATI ABDIMAS TAHUN 2024