Impact of Government Policy on BPR Health in EastJava during the COVID-19 Pandemic

Abstract

This research examines the implementation of government policies in improving the national economy during the Covid-19 pandemic that hit Indonesia. This research is quantitative research using data from quarterly financial reports from 2020 to 2021 at BPRs in East Java. The sample used in this research was 812 data. The results obtained from this research include that in general the health level of East Java Province BPRs in the 2020 to 2021 period using the RGEC (Risk Profile, Good Corporate Governance, Earnings, Capital ) method is getting better. This is based on health level results such as ROA and CAR, the results of which received the best composite rating, namely composite rating 1 (very good), while the results of the NIM ratio calculation have increased every quarter. In calculating the health level of the NPL ratio from the first quarter of 2020 to the fourth quarter of 2021, it is ranked composite 4 (high risk). For the application of GCG in this research, we cannot include the calculation results due to limited data. This is because very few BPRs publish the results of GCG implementation assessments on their websites.