Performance Analysis And Strategy Of Islamic Rural Banks Facing The Crisis Impact Of The Covid-19 Pandemic

Abstract

Abstract
 The purpose of this study is to analyze the impact of financial performance due to the economic crisis from the PandemicCorona Virus Disease-2019. How are the financial performances of Islamic Rural Banks different before and during the PandemicCorona Virus Disease-2019and management strategies in the context of going concern. The object of the research is the Islamic People's Financing Bank, with the research design using a mix method, namely a combination of qualitative and quantitative. Primary data was obtained through interviews with several bankers of the Islamic People's Financing Bank, while secondary data was in the form of 2019 and 2020 financial reports recorded at the Financial Services Authority. The population of Islamic People's Financing Banks in Indonesia is 163 while the sample used by purposive sampling is 17. The results of the study prove that there is no difference in financial performance before and during the period.Corona Virus Disease-2019except for the Non Performance Financial ratio there is a difference. Management strategies to maintain business continuity are restructuring, rescheduling, and reconditioning customers. The management strategy to reduce the risk of non-performing loans is to be more selective in accepting new customers and to prioritize or focus on fixed income customers.