Analysis of The Influence of Financial Factors On The Health Level of 3 BPRS (BPRS Amanah Ummah, BPRS Alsalaam, and BPRS Botani) During The Covid-19 Pandemic

Lelih Amaliatushalihah; Trisiladi Supriyanto; Qurroh Ayuniyyah

Lelih Amaliatushalihah Universitas Ibn Khaldun Bogor
Trisiladi Supriyanto Pasca Sarjana Universitas Ibn Khaldun Bogor
Qurroh Ayuniyyah Pasca Sarjana Universitas Ibn Khaldun Bogor

Keywords: Bank Health, Financial Factors, BPRS, Pandemic, COVID-19

Abstract

The increasing number of banks has led to higher competition in the banking industry. To survive and grow, banks must improve their performance to enhance their health. The economy of the Jabodetabek region is a major source of support for Indonesia's economic strength. The COVID-19 pandemic has impacted almost all economic sectors, including banking. This research aims to measure the performance of Islamic Rural Banks (Bank Perekonomian Rakyat Syariah - BPRS) in Jabodetabek and determine if there are significant differences in performance before, during, and after the COVID-19 pandemic based on the Financial Services Authority Regulation No. 20/POJK.03/2019. The study uses both descriptive quantitative and comparative quantitative research methods. The sample was selected using purposive sampling from 3 BPRS in Jabodetabek. Results show that BPRS in Jabodetabek experienced a decline in performance before, during, and after the COVID-19 pandemic. This is evidenced by one BPRS experiencing a drop in its composite health rating. Additionally, asset quality and profitability factors decreased, but capital and liquidity factors remained stable. There were significant differences in health levels of BPRS before, during, and after the pandemic in terms of REO and Cash Ratio, but no significant differences in CAR, EAQ, NPF, and ROA.