The Pandemic Impact on Interest Based Income by Category of Commercial Banks in Indonesian

Abstract

This study aims to analyze the impact of Covid-19 in Indonesia on commercial banks, especially in obtaining interest based income and proportion of interest based income as the main income of banks. This study uses quantitative descriptive method. The research was conducted Indonesia Stock Exchange, second quarter periode of 2018-2021. The data used are official documents as secondary data sources, namely banking financial reports obtained through the website www.idx.co.id. The research sample consisted of 18 commercial banks that were included in the BUKU II category, then the BUKU III category as many as 12 commercial banks, and BUKU IV recorded as many as 9 commercial banks. The test was carried out with the help of the IBM SPSS program, with data analysis methods including descriptive statistics, normality test using the One Sample Kolmogorov-Smirnov Test, and different tests using the Paired Sample T-Test and the Wilcoxon Signed-Ranks Test. The results of this study indicate that interest based income did not experience significant differences before and during the Covid-19 pandemic in all BUKU categories. Then the result of the proportion of interest based income there are significant differences in the BUKU IV category and overall banks, while in the BUKU II and III categories did not make a significant difference before and during the Covid-19 pandemic. It was concluded that interest based income as the main income of banks was able to survive in the midst of the pandemic, especially in the large bank category, with different proportions from before and during the Covid-19. On the other hand, small banks tended to decline and did not experience significant differences between before and during the Covid-19 pandemic.