Financial Intermediary Institutions Research Articles

Peran Bank Syariah Indonesia (BSI) KCP Cirebon Sisingamangaraja Terhadap Perkembangan Sektor UMKM

MSME financing makes a major contribution to improving the performance of Islamic banks. The role of MSME financing is in accordance with the main role of Islamic banks as financial intermediary institutions, collecting funds from the public and channeling them in the form of financing. As in the case of the BSI KCP Sisingamangaraja Cirebon, it has carried out its duties as a collector of public funds and a distributor of funds, which of course will be channeled back to the community. It can be in the form of KPR, Mitra Guna, Gold Installments or other financing such as KUR and Non-KUR. The purpose of this study is to analyze the role of Bank Syariah Indonesia KCP Sisingamangaraja Cirebon in contributing to developing the MSME sector by helping to provide capital to customers who want to develop their business in the MSME sector, as well as what forms of education and motivation have been provided by the BSI KCP Sisingamangaraja Cirebon for MSME customers to get support so they can develop their business to the fullest. The type of research conducted by the author is field research using qualitative methods, while the research data collection techniques are collected through interviews, observation, documentation, books, journal articles and then analyzed using descriptive methods. The results of the research analysis carried out are in accordance with the formulation of the problem, namely: (1) The role of BSI KCP Sisingamangaraja related to capital assistance has several stages, namely: The stage of collecting documents, validation, financing process, field surveys, committees, contracts, disbursement, maintenance and repayment. (2) The role of BSI KCP Sisingamangaraja Cirebon related to education and motivation for MSMEs has not run optimally. BSI KCP Sisingamangaraja Cirebon has so far not held an MSME development program to educate how important and potential it is to develop MSME. Then, BSI KCP Sisingamangaraja Cirebon has so far not held training and digitization for MSME actors as a form of motivation provided by BSI.

Tinjauan Yuridis Pengawasan Perbankan Dan Perlindungan Nasabah Oleh Otoritas Jasa Keuangan (OJK)

The function of a bank is as a financial intermediary institution, namely as a bridge between fund owners and parties who need funds, both as depositors and borrowers. Bank-customer relationships often involve banking practices that have a negative impact on customers, but legal protection is often less than optimal. Because if you look at the relationship between banks and customers, banks have enormous control over banking transactions, and in some cases they control banking transactions. So that sometimes it is detrimental to customers. Based on the above facts, Law Number 21 of 2011 concerning the Financial Services Authority (UU OJK) has been promulgated. As a bank supervisory institution and as an institution that protects customer interests.

Determinants of Islamic Commercial Bank Performance in Indonesia

As financial intermediary institutions, banks have a strategic role in driving the economy, so bank performance must be appropriately maintained. This study aims to analyze the effect of third-party funds and working capital financing of Islamic commercial banks on the performance of Islamic commercial banks in Indonesia. The research method used is quantitative by conducting multiple linear regression tests. The data type used is secondary data from 2015 to 2022, with a sample of 13 Islamic commercial banks in Indonesia. The data was obtained from BI and OJK reports published on https//www.ojk.go.id. The study results indicate that Third Party Funds do not affect Indonesia's ROA of Islamic commercial banks. Working capital financing significantly affects the ROA of Islamic commercial banks in Indonesia. And if together, third-party funds and working capital financing significantly affect the ROA of Islamic commercial banks in Indonesia. Third-party funds do not affect the ROA of Islamic general banks because the operational costs (BOPO) borne by Islamic general banks are included in the very high category. Therefore, to increase ROA, banks must apply the principle of prudence and valid calculations in carrying out banking operations and financing.

Kepastian Hukum terhadap Penerapan Prinsip Kehati-Hatian Perbankan (Prudential Banking Principle) dalam Operasional Perbankan

Banking is an institution that has a major role in the development of a country. This role is manifested in the function of the bank as a financial intermediary institution, namely collecting funds from the public in the form of deposits and distributing them to the public in the form of credit or other forms in order to improve the people's standard of living. One of the principles or principles in banking law is the precautionary / prudential principle which emphasizes that banks in carrying out business activities both in collecting, especially in channeling funds to the public must be very careful. In the application of the precautionary/ prudential principle, it is intended that banks are always in a healthy condition to run their business properly and comply with the provisions and legal norms that apply in the banking world. This study uses a normative juridical approach, which is a study that emphasizes the legal norms contained in legislation and court decisions, but besides that it also tries to examine the legal rules that apply in society and it is hoped that the interests of humans / society will be protected.
 
 

Legal Protection of Depositors' Funds in The Event of Bank Liquidation

In general, a bank is a financial intermediary institution generally established with the authority to accept money deposits, lend money, and issue promissory notes or what is known as banknotes, banks in carrying out one of their functions are collecting funds from the public in other words, storing funds in the bank gets the benefit of interest for customers, in this case not all the benefits promised by the bank can be realized the higher the interest it seems that we as customer consumers feel benefited, but in reality there are banks that provide high interest after that the health of their banks decreases so that it has an impact on customer consumers on their savings at the bank. The formulation of the problems raised in this study are 1). What are the consequences or legal consequences for banks in the placement of funds that are not in accordance with the LPS policy in the event that the bank is not healthy? 2). How is the legal protection of depositors in the event that the bank is liquidated by LPS? This research uses normative legal research methods, namely research by collecting and analyzing secondary data using secondary data sources only, namely books related to the problem, relevant laws and regulations, relevant court decisions, legal theories and relevant scholars' doctrine experts, and case studies related to legal issues, the theory used to analyze the theory of satisfaction, the theory of legal certainty and the theory of legal protection. The conclusion of this research is to provide protection to customers if they save funds in banks that are determined to be unhealthy by the Deposit Insurance Corporation so that customers feel safe if they want to save their funds in the banking world.

THE INTERVENING ROLE OF E-SATISFACTION IN RELATIONSHIPS BETWEEN E-SERVICE QUALITY AND E-LOYALTY: CASE OF BNI MOBILE BANKING IN INDONESIA

Banking as a financial intermediary institution can play a role in encouraging domestic economic growth which can help develop the economy in various regions. Almost all aspects of life today require various kinds of technological assistance which enables the mobility of capital or investment to be easier, faster and more useful for everyday life due to the rapid development of technology and information. The purpose of this study is to determine the response and influence of E-Service Quality on E-loyalty through E-Satisfaction of BNI Mobile Banking user, either directly or indirectly. The research method used is descriptive and quantitative involving 225 respondents using BNI Mobile Banking in Indonesia. The sampling technique used is non-probability sampling with the type of convenience. Data processing and analysis techniques use PLS-SEM through SmartPLS 3.0 software. Quality of electronic services (in terms of effectiveness, compliance, system availability, privacy, contact, and responsiveness) has a direct impact on e-loyalty and e-satisfaction. E-satisfaction has been shown to aid in the creation of client loyalty as a connection between service quality and consumer satisfaction.

Basic Concepts of Sharia Finance And Practices In Sharia Banking In Indonesia

Financing is one of the duties of banking as a financial intermediary institution. Funding is needed to support the smooth running of the business and for planned investments. This study discusses the basic concepts of Islamic financing and the practices of Islamic banking in Indonesia. This research is library research where all the data used comes from library data relevant to the topic under study which comes from books, journals, papers, and other document sources and is verified, interpreted, and analyzed both content and others. The result is that financing is funding provided to certain parties to facilitate investment and has been designed in such a way both for its own sake and the institution. In the practice of Islamic banking in Indonesia, two financing models are very widely used because they are minimal in risk and easy to implement, namely murabaha and mudharabah financing.

KONSEP SIGNIFIKAN MANAJEMEN RESIKO OPERASIONAL PERBANKAN SYARIAH

The purpose of this article is to find out what operational risk management is and its causes. This article uses literature study research or literature study. Data collection techniques by collecting references consisting of several previous studies by reviewing several journals to review operational risk management. In Islamic banking, there are several risks that cannot be avoided because of its function as a financial intermediary institution. One of the risks faced by banks is operational risk which becomes an obstacle to the goals desired by the bank. The results of this study are operational risk caused by four (4) factors, the first is due to an internal process error, the second is human failure, the third is system failure and the fourth is external events. Therefore, banks must carry out risk management to minimize the risks that will occur so as not to cause unwanted losses.

OPPORTUNITIES, RISKS AND STRATEGIES TO MINIMIZE THE RISK FINTECH LENDING: STUDY META SYNTHESIS

This study aims to configure by identifying opportunities, risks and strategies to minimize the risk ofthe existence of fintech lending as a financial intermediary institution using a meta-synthesis methodological approach. The number of articles sampled as much as 29 articles. The results show that business and investment opportunities in this sector are indicated by a large market share, the number of repeat borrowers, an element of trust between borrowers and lenders, a technology-based and uncomplicated loan system and without business guarantees. While the risk indicated by weaknesses in credit management or credit management is a risk that really needs to be considered, including in determining interest rates, and determining borrowers to be funded without credit analysis considerations. The strategy needed is to use a low interest rate strategy, a better management management strategy, a strategy to capture opportunities as well as a collaboration and growth strategy, as well as the need for the Government to make clear and centralized regulations and P2P platforms.
 
 Keywords: Opportunity, Risk, Fintech Lending Strategy, Meta Synthesis.

PENGENALAN PERANAN PERBANKAN SYARIAH BAGI PEREKONOMIAN MASYARAKAT DI DESA PURASEDA, KECAMATAN LEUWILIANG, KABUPATEN BOGOR

Abstract
 The national economy depends on the economic movement of people. As a result of regulations restricting community mobility, the COVID 19 pandemic has changed lifestyles to accelerate economic activities. In the third quarter of 2020, Indonesia even formally entered into a recession with -3,49% economic growth. Also affected was the Islamic banking industry, which is one of the financial intermediary institutions, but not worse than conventional banking. This article seeks to determine the state's role in Islamic banking resilience during the COVID-19 pandemic. 
 Keyword: Islmic Banking Industy, People’s Economy, Covid-19

Faktor Faktor Yang Mempengaruhi Persetujuan Pembiayaan Petani Kelapa Sawit Di Bank Syariah Mandiri

The role of financial institutions is very much needed in the form of supporting the development of the oil palm agricultural sector. Banking is one of the agents of development. The main function of banking is as a financial intermediary institution. Therefore, banks are expected to be able to channel financing to the agricultural sector. However, in the distribution of credit or financing facilities, there are terms and elements of credit that must be fulfilled by farmers as prospective debtors at Bank Mandiri Syariah, after which a feasibility analysis will be carried out on prospective debtors. The purpose of this study was to analyze the effect of financing needs, income, collateral value, education, and length of farming on financing approval for oil palm farmers. The method of determining the sample was carried out by using a census, namely the entire debtor in which the farmers who applied for oil palm financing were sampled in this study as many as 61 people. In this study, it was processed using logistic regression analysis. The results showed the variables of financing needs and collateral have a significant effect on financing approval, while income, education and length of farming variables have no significant effect on financing approval. If t he variables of financing needs, income, collateral, education and length of farming increases, the financing approval will increase/agree. Keywords: Palm oil; Farmers; Financing; Banking.

PERAN PEMBIAYAAN QARDL DALAM MENINGKATKAN PENDAPATAN USAHA KECIL MENENGAH (UKM) PADA ANGGOTA BMT MANDIRI SEJAHTERA CABANG DUKUN GRESIK

Financial institutions act as financial intermediary institutions. The activities of an activity agency can be in the form of raising funds by offering various schemes, channeling funds with various schemes or conducting activities to raise funds and channel funds at once. Such as LKS, BUS, UUS, AS, UPS, and BMT. BMT as a business institution that further delevops its business in the financial sector, namely savings and loans. BMT’s product saving product include saving, time deposits, while loan products include financing, BMT financing, mudlarabah financing, musyarakah financing, murabahah financing, qardl financing, and qardl al-hasan financing. This research is a qualitative research aimed to answer questions about how the role of qard contract financing in BMT Mandiri Sejahtera Branch Dukun Gresik, as well as how to analyze the role of qard financing in raising the income of small and medium enterprises (UKM) to members in BMT Mandiri Sejahtera Branch Dukun Gresik. This research method using qualitative approach. Sources of data obtained from interviews, documentation, observation. Data analysis used qualitative data analysis that was inductive with descriptive approach. The results show the role of qardl contract financing in increasing the income of small and medium enterprises (UKM) to members in BMT Mandiri Sejahtera Branch Dukun Gresik. The definition of qardl financing in BMT Mandiri Sejahtera Branch of Dukun Gresik is, the provision of this financing is for small and medium business traders (UKM) who have stalls in the shaman gresik market and increase capital for small and medium enterprises (UKM). From the interviews and observation shows that there is an increase in the efforts of members who after obtaining the financing akad qardl.

Analisa Perpanjangan Restrukturisasi Kredit Terhadap Likuiditas Perbankan Sebelum dan Sesudah Pandemi Covid 19

Banking is a financial intermediary institution that collects funds from the public in the form of deposits and distributes them to the public in the form of credit or other forms. The very rapid spread of the Covid 19 outbreak resulted in disruptions to banking performance and financial system stability. Responding to this, the government made a credit relaxation policy through credit restructuring for debtors affected by Covid 19. This study aims to determine how the impact or effect of credit restructuring on banking liquidity before and after the Covid 19 pandemic. This study uses a comparative descriptive method with an assessment. quantitative, by collecting data to calculate liquidity ratios taken from financial reports that have been listed on the Indonesia Stock Exchange (IDX). Financial reports taken are the 3rd Quarter of 2019 before the pandemic appears and the 3rd Quarter of 2020 when the pandemic occurs. The results of this study indicate that from 10 samples of data obtained from financial reports by calculating the liquidity ratio, it shows that the average banking company still has the ability to fulfill its obligations during this pandemic, even though the credit restructuring is extended.

Pengaruh Prinsip Character, Capacity, Capital, Collateral, Condition Of Economy Terhadap Pengambilan Keputusan Kredit PT. Bank Negara Indonesia KCU Cibinong Tahun 2020

Bank Is A Financial Intermediary Institution Generally Established With The Authority To Manage Money Deposits. In Giving Credit There Are Several Things That Are Associated With Good Faith (Willingness To Pay) And Ability To Pay (Ability To Pay). Having the Problem Formulation Above Analyzing the Influence of These Factors is Very Important, namely "The Influence of Principles (Character, Capacity, Capital, Collateral, and Condition Of Economy) on Credit Decision Making at Pt. Bank Negara Indonesia Kcu Cibinong Year 2020", the theoretical basis used is the Theory of Credit Elements, Credit Provision Procedures, Identification, Legalization and Credit Realization Stages. This Research Uses Quantitative Methods With Results Showing That Character, Capacity, Capital, Collateral, Condition Of Economy Has A Significant Coefficient Of 0.000 < 0.005 And Fcount 27.041 > Ftable 3.33 It Can Be Concluded That Ha Stating With Character, Capacity, Capital, Collateral , And The Condition Of Economy Simultaneously Significantly Affects Credit Decision Making. The Principle of Character, Capacity, Capital, Collateral, Condition Of Economy Has No Significant Influence on Credit Decision Making. And Simultaneously Character, Capacity, Capital, Collateral, Condition Of Economy Significantly Affect Credit Decision Making.Keywords: Character, Capacity, Capital, Collateral, Condition Of Economy, Credit Decision.

PERBANDINGAN KINERJA KEUANGAN BERDASARKAN KATEGORI BUKU

The existence of a financial intermediary institution (banking) is very important in a modern economic system. Banking as a business entity engaged in the field of finance or financial needs trust from customers to support and facilitate the activities it does. This study aims to determine the presence or absence of CAR, BOPO, LDR, ROA differences between syariah banks in the book category 1 and book 2.. Population in this research is 11 Syariah Commercial Banks in Indonesia year 2015-2017. Given the number of population is still within the range of research, the sampling is done by census method, that is, the entire population member as the research sample. The analysis technique used is independent-samples t test. The test results indicate that there is a difference of Capital Adequacy Ratio between Book 1 and Book 2 on Sharia Public Bank which go public. So it can be concluded that there is a difference between the average CAR between Book 1 and Book 2 on Sharia Public Bank which go public. There is a difference of Operational Expense to Operational Income between Book 1 and Book 2 at the Public Bank of Sharia which go public. So it can be concluded that there is an average difference between BOPO Book 1 and Book 2 on the Sharia Public Bank which go public. There is a difference of Loan to Deposits Ratio between Book 1 and Book 2 on the Sharia Public Bank which goes public. So it can be concluded that there is a difference between the average LDR between Book 1 and Book 2 on Sharia Public Bank which go public. There is no difference in Return On Assets between Book 1 and Book 2 on Sharia Public Banks that go public. So it can be concluded that there is no difference in average ROA between Book 1 and Book 2 on Sharia Public Bank which go public.Keywords: Capital Adequacy Ratio, Operational Expense to Operating Income, Loan to Deposits Ratio, and Return On Assets

The Effects of Macroeconomic Indicators on Leveraged Forex Volume: Evidence from Turkey

In this study, the effects of macroeconomic indicators on leveraged forex volumes of financial intermediary institutions have been analyzed. The study covers the data for the period 2013Q1-2017Q2 of 16 financial intermediary institutions operating in Turkey. In the study in regards to macroeconomic indicators, BIST 100 Index revenues (BIST), consumer price index (CPI), consumer confidence index (CCI), average rate applied to deposits opened by banks (INT), gold prices (GOLD), money supply (M2), external trade export unit index (EUVI) and unemployment rate (UNEMP) have been used. In the study, the effects of macroeconomic indicators on leveraged forex volume have been examined through panel data analysis. As a result of the panel data analysis, it has been determined that the BIST, M2, EUVI and UNEMP variables have positive significant effects on leveraged forex volume and that the INT variable has negative significant effects on leveraged forex volume. In the study, the effects of CPI, CCI and GOLD variables on leveraged forex volume are statistically insignificant.

THE PROBLEMS AND PROSPECTS FOR FINANCIAL INTERMEDIATION DEVELOPMENT IN UKRAINE

In today's global economy, financial intermediation is an extremely powerful source of financial resources that can be used for investment purposes, since financial intermediaries can combine temporarily free (unused in the economy) financial resources of different business entities and direct them to those sectors of the economy that need investment. At the same time, financial intermediaries simultaneously provide the movement of financial assets and contribute to the development of the economy. It is proved that the objective need for a study of financial intermediation in Ukraine is to establish such a mechanism for the redistribution of financial resources in the country in order to achieve the maximum level of development of the economy both at the micro level and at the macro level. In Ukraine, the process of reforming the economy continues, including the financial market. The main participants in the financial market are financial intermediaries, which bring together buyers and sellers of financial assets. Activities of financial intermediaries in the financial market can be characterized by the fulfillment of the following main functions: accumulation of savings of economic entities; placing of attracted financial resources in the branches of economy; obtaining profit (own, as well as other economic entities); ensuring economic development. We believe that the main purpose of financial intermediaries is to create a balance in the financial market by matching interests and needs of all participants in the financial market and balancing demand and supply on financial resources. The most common is the division of financial intermediaries into banking institutions (banking sector) and non-bank financial institutions (non-banking financial sector). Currently, in Ukraine, banking institutions are represented by universal and specialized commercial banks of Ukraine, and non-bank financial institutions are represented by insurance and financial companies, credit unions and pawnshops, non-state pension funds and trust companies. According to statistics, the banking sector is larger in terms of assets, while the number of financial market participants is dominated by the non-banking financial sector. The analysis carried out shows an increase in the role of non-bank financial institutions in the financial market. Non-financial sector entities are dominated by financial companies. The article outlines the following main problems of the development of financial intermediation entities in Ukraine: the inconsistency of the financial system of Ukraine with the real sector of the economy, as a result of which the non-banking sector of the economy is not able to fully perform its main functions; the presence in the financial market of institutions that practically do not perform the functions assigned to them, thus creating significant risks for the normal functioning of the market; Ineffective legislation and an ineffective system for overseeing the activities of financial intermediaries, which gives rise to distrust of financial institutions; low level of financial literacy of the population. In order to overcome the problems identified and to provide an effective mechanism for the functioning of financial intermediary institutions in Ukraine, it is proposed to: introduce common rules of conduct in the financial market for banks and non-bank financial institutions, but taking into account the specifics of each type of financial intermediary; to intensify activity in the financial market of investment funds, insurance companies and non-state pension funds; Maximize the attraction of the non-banking financial sector to the development of the real sector of the economy; introduce a reliable mechanism for protecting the funds of the population and business entities; to create a service consulting center for the provision of services by non-bank financial institutions. We believe that the outlined directions for solving the problems of the development of financial intermediation create the basis for its further improvement and promote the activation of their effective activity.

FEATURES OF REGULATORY IDENTIFICATION OF FINANCIAL COMPANIES AS FINANCIAL INTERMEDIARIES

In recent years,Ukrainehas witnessed a rapid increase in the number and intensification of financial companies' activities in the financial services market, which is increasing the attention to this type of financial intermediaries. The generalization of historical experience suggests that financial companies in various forms began to operate in foreign countries from the 1960s, but they have become the most widespread in theUnited States. On the basis of the Federal Reserve System data processing for the period of 2005 - 2017, results were obtained that characterize the peculiarities of the activities of financial companies in such segments of the financial services market as consumer lending, car loans, auto leasing. The main criteria for identifying financial companies in theUnited Statesare requirements for the structure of assets, which provides a clearer definition of the use of regulatory measures and restricts the competition between financial intermediaries.The study concluded that in Ukraine the criteria for identifying financial companies need to be clarified in terms of specifying regulatory requirements, limiting the risks associated with financial assets in the provision of financial services, as well as preventing possible loss of capital and timely fulfillment obligations to customers. The cooperation of financial companies with banks and other non-bank financial intermediaries, such as lenders and credit brokers, working in the consumer lending service segment needs regulatory clearance. The emphasis is placed on the need for harmonization of Ukrainian legislation in accordance with international practice in order to stimulate the further development of the financial intermediary institution in Ukraine.

Pengaruh Capital Adequacy Ratio, Non Performing Loan, Dan Return on Asset Terhadap Penyaluran Kredit Pada Bank Umum Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2017

Bank is one of the financial institutions that have the main task as a financial intermediary institution. The Bank also provides other supporting services to support the smoothness of activities to collect and channel funds either directly or indirectly related to savings or credit activities. The increase in loans disbursed by commercial banks does not have continuity with the increase in credit growth, this is due to the supply or credit crunch phenomenon caused by many things such as the low quality of banking assets, the high non performing loan value or the drop in banking capital due to depreciation. The purpose of this research is to know whether there is influence of capital adequacy ratio, non performing loan, return on asset to credit distribution either partially or jointly. The method used in this research is descriptive verification method with quantitative approach which is sourced from annual financial statements of commercial bank and literature study. Sampling technique using non probability sampling with purposive sampling technique. The data obtained were analyzed by testing the validity of data, multiple linear regression analysis and hypothesis test using f test and t test. The results of this study indicate that partially capital adequacy ratio has a negative effect on credit distribution, non-performing loans have a positive effect on credit distribution and return on assets have a positive effect on credit distribution. While the joint capital adequacy ratio, non-performing loans, return on assets effect on credit distribution.

Pengembangan Model Low Cost Islamic Peer To Peer Financing Berbasis Financial Technology Untuk Akselerasi Kinerja UMKM

Along with the development of technology, financial intermediary institutions in Indonesia also grew with the presence of technology-based financial services provider companies such as peer to peer lending company. The presence of peer to peer lending companies into an opportunity for empowerment of unbankable MSMEs that require funding. This paper examines how the business financing model aplicated by several peer to peer lending companies in Indonesia, as well as make the concept of Islamic peer to peer financing as an alternative for empowering MSMEs through business capital. This research was a qualitative research using library and field research method. The data used in the study are primary and secondary data from various literature relevant to the research discussion and. Data analysis in this research is supported by logic model theory which consist of 6 components that are situation, input, activities, output, outcomes and external factors. The results of the research showed that (1) peer to peer lending model that has been applied in Indonesia has provided access to finance effectively and efficiently, but there are still using risk fund transfer scheme and fixed cost system that will hamper the acceleration of MSMEs. (2) The concept of Islamic Peer to Peer Financing based on profit and loss sharing investment model can be one of the empowerment alternatives that use investment cooperation scheme with no risk fund transfer and fixed cost for MSMEs, so it will maximize the acceleration of MSMEs.