Bank Mandiri Research Articles

Analisis Pengukuran Kinerja Keuangan dengan Metode Economic Value Added (EVA) pada Perusahaan Perbankan

This study aims to find out about analyze and explain the financial performance of banking companies listed on the Indonesia Stock Exchange (BEI) for the period 2017-2021 using the Economic Value Added (EVA) method. This study is a quantitative descriptive research. The sample used in this research includes Bank Central Asia Tbk, Bank Negara Indonesia Tbk, Bank Rakyat Indonesia Tbk, Bank Mandiri Tbk, and Bank Tabungan Negara Tbk. The sampling technique employed in this research is purposive sampling with the following criteria: banking institutions that have gone public on the Indonesia Stock Exchange, banking institutions that have presented complete financial data and published it during the research period from 2017 to 2021, and banks included in the LQ45 index of the Indonesia Stock Exchange (BEI) for the period 2017-2021. The results of the research indicate that the five banking companies mentioned had positive EVA values during the period 2017-2021. This implies that these banking companies listed on the LQ45 Index of the Indonesia Stock Exchange for the period 2017-2021 demonstrated good performance and were able to create economic value added for investors. However, this research has several limitations, including the use of only one method to measure the financial performance of banking companies and a small sample size of 5 companies. Future research is recommended to employ multiple measurement methods to assess performance and increase the sample size to obtain better data.

Causality of Bank Financial Performance, Green Bond, CSR, Green Financing Portfolio and CO2 Emissions in Transportation: Evidence from Indonesia

This study aims to identify the causality between bank financial performance measured by Return on Assets (ROA), Return on Equity (ROE), Net Interest Margin (NIM), and Operating Expenses to Operating Income (BOPO) with Green Financing Portfolio and CO2 emissions in the transportation sector. This study uses descriptive quantitative research methods and content analysis of the Sustainability Report of Bank Mandiri, Indonesia for the period 2016 to 2022. In this study, we collected data from Bank Mandiri's financial statements which included information on ROA, ROE, NIM, and BOPO. In addition, we also collected CO2 emission data available from 2016 to 2022. The research sample is Bank Mandiri as one of the state-owned banks in Indonesia. We used purposive sampling technique to select samples that meet the inclusion criteria. The collected data was then analyzed using statistical methods to test the relationship between the variables involved, namely the bank's financial performance (ROA, ROE, NIM, and BOPO), Green Financing Portfolio, and CO2 emissions in the transportation sector. We use content analysis to illustrate the results of Bank Mandiri's financial statements in graphical form. The results of the analysis show that the increase in Green Bond that started in 2016 has a significant impact on the increase in fund allocation for Green Financing Portfolio. This indicates a positive causality between Green Bond and Green Financing Portfolio. In this context, the causality between Green Financing Portfolio and CO2 emissions can be explained through the influence of investment in green technology and sustainable practices. With significant funds allocated through the Green Financing Portfolio, companies and institutions can implement projects that aim to reduce CO2 emissions in the transportation sector. This means that the use of Green Bond as a sustainable funding source has the potential to reduce the negative impact of transportation on the environment.

Akibat Hukum Merger Bank Syariah Mandiri, BRI Syariah, dan BNI Syariah

The purpose of writing this article is to examine legal arrangements for merger of Islamic banking and legal consequences of the merger of Bank Syariah Mandiri, BRI Syariah, and BNI Syariah. The research method used in this research is normative juridical method. Results of this study found that provisions regarding the merger of Islamic Banking are carried out in accordance with the provisions of the legislation as mandated by Article 17 paragraph (3) of Law Number 21 of 2008 concerning Islamic Banking. The legal arrangements for the merger of Islamic Banking in Indonesia can be referred to the Banking Law, Limited Liability Company Law, Islamic Banking Law, Government Regulation Number 28 of 1999, and OJK Regulation Number 41 of 2019. In addition, the merger of Sharia Banks must also pay attention to terms and conditions relating to the prohibition of monopolistic practices and unfair business competition as referred to in Law Number 5 of 1999. The legal consequences of the merger of BRI Syariah, BNI Syariah and Bank Mandiri Syariah may affect the company, shareholders, customers and employee.

The Effect Of Security And Trust On Mobile Banking Customer Satisfaction Mediated By Convenience Factors

The purpose of this study is to analyze mobile banking customer satisfaction influenced by security and trust mediated by convenience factors for Livin' by Mandiri users at the Tangerang Ahmad Yani branch. This study used a quantitative approach. The survey was conducted to 242 Livin' by Mandiri users at the Ahmad Yani Tangerang Branch. This study uses Partial Least Squares SEM or so-called PLS-SEM and identifies the relationship between variables and conceptual and operational definitions using previous research, which includes using security and trust variables as independent variables, customer satisfaction as dependent variables, and convenience factors as mediation variables. The results of this study show that Security has a positive and significant effect on the Convenience Factor, Trust has a positive and significant effect on the Convenience Factor, the Convenience Factor has a positive and significant effect on Customer Satisfaction, Security has a positive and significant effect on Customer Satisfaction, Trust has an effect but not significant on Customer Satisfaction, the Convenience Factor has a positive and significant effect mediating Security on Customer Satisfaction, and Convenience Factors have a positive and significant effect on mediating Trust in Customer Satisfaction. This research is limited to only examining the variables of security, trust, convenience factors, and customer satisfaction and only to Bank Mandiri customers, especially Livin' by Mandiri users at the Tangerang Ahmad Yani branch.

Legal Protection Of Bank Financial Institution Brand Against Username Squatting Through Twitter Accounts Based On The Trademark Law And The Electronic Information And Transaction Law

The use of a brand as a Twitter social media account is one way for brand owners to introduce their goods and/or services as well as a guarantee for their quality. The rise of fake Twitter accounts on behalf of the financial institution Bank Mandiri proves that trademark infringement does not only occur conventionally, but also through the scope of cyberspace. Writing this normative law aims to determine the qualifications for the act of using a bank's financial institution brand as a Twitter social media account and to determine what legal action should be taken by Bank Mandiri against those who use its brand without rights and permission. This research is a legal study employing the normative juridical approach method, a type of legal writing that is conducted by examining library data. The study applies a qualitative analysis method, connecting legal principles, norms, and theories to determine legal qualifications and consequences. The results show that using trademarks as social media accounts should be based on principles, including legal certainty, good faith, and neutrality within technology. Civil law measures offer a proportional legal remedy, seeking compensation for economic harm suffered. This study suggests the need for specific regulations to prohibit the registration and use of trademarks as social media accounts in the virtual space. This research contributes to the understanding of trademark protection in cyberspace, and provides legal guidance for financial institutions to address trademark misuse on social media platforms.

Analisis Kepuasan Kerja Karyawan PT Bank Mandiri Taspen Kc Jakarta Ditinjau Dari Lingkungan Kerja, Komitmen Kerja Dan Kompensasi

For organizations, the most important asset is human resources, because basically human resources are the driving factor in every activity within the company. For an organization to carry out its activities to achieve its desired goals, it requires good management, especially human resources, because human resources are the main capital for planning, organizing, coaching and mobilizing other resources in the organization. Human resource management is a part of organizational management that focuses on the elements of human resources. The level of job satisfaction is the company's focus in retaining its employees. One of them is PT Bank Mandiri Taspen which is a private company that provides banking services for retirees. PT Bank Mandiri Taspen is a subsidiary of PT Bank Mandiri and PT Taspen which was founded on November 3 1992. Currently the company is trying to improve employee performance by paying attention to employee job satisfaction.The aim of this research is to analyze the impact of employee job satisfaction in terms of the work environment, work commitment and compensation on employees of PT Bank Mandiri Taspen KC Jakarta. The type of research used is descriptive and the method used is quantitative research methods. with the population being all employees of PT Bank Mandiri Taspen KC Jakarta. The sample used in this research was 75 respondents. The research data used is primary data, which was obtained through distributing questionnaires to samples or research respondents. The data analysis techniques used are multiple linear analysis, correlation, coefficient of determination, and hypothesis testing. The research results show that the work environment contributes to job satisfaction. Work commitment contributes to job satisfaction. Compensation contributes to job satisfaction. Then the work environment, work commitment and compensation simultaneously contribute to job satisfaction.

Development of stock price prediction system using Flask framework and LSTM algorithm

Stock investment in Indonesia has been steadily growing in the past five years, offering profit potential alongside the risk of loss. Stockholders must analyze the stocks they intend to purchase. Stockholders often analyze stocks by observing patterns that occurred in the previous days to predict future prices. Therefore, a method is needed to simplify the process of analyzing the stock pattern. Although there are already several websites that have the concept of predicting stock prices, these websites do not utilize deep learning algorithms. This research aims to develop a stock price prediction website using deep learning algorithms, specifically the Long Short-Term Memory (LSTM) algorithm to help users predict stock prices. This research focuses on five banks with the highest market capitalization in Indonesia, namely Bank Central Asia, Bank Rakyat Indonesia, Bank Mandiri, Bank Negara Indonesia, and Bank Syariah Indonesia. The website utilizes Flask framework and LSTM. Flask is used to apply LSTM model to the website, while the LSTM can capture long-term dependencies in high-complexity data. The result of this research is a stock price prediction website application, where the prediction results are displayed through the website. The LSTM model for each stock has a Mean Absolute Percentage Error (MAPE) of less than 10%, which indicates that the model is “Highly accurate” based on the MAPE accuracy scale judgment.

Efektivitas Penerapan Whistleblowing System (Studi pada 4 Bank BUMN Terbesar di Indonesia Periode 2019 – 2022)

This study aims to analyze the effectiveness of whistleblowing system in preventing violation cases on 4 Largest State-Owned Banks in Indonesia between 2019 and 2022. This study employs descriptive qualitative approach, involving secondary data of the companies' Annual Report containing data on violation reporting through the whistleblowing system mechanism. The data are collected from a literature study by conducting qualitative content analysis. The results and discussion of this study exhibit that the Whistleblowing System implementations of PT. Bank Rakyat Indonesia (Persero) Tbk and PT. Bank Tabungan Negara (Persero) Tbk. have been effective in detecting and preventing fraud, different from those of PT. Bank Negara Indonesia (Persero) Tbk and PT. Bank Mandiri (Persero) Tbk which are still less effective in detecting and preventing fraud.

Pendampingan Pembuatan Laporan Keuangan dan Pembayaran Berbasis Digital pada Toko Kue Kasippi Kabupaten Majene

The use of QRIS has increased, but it differs from the 3T areas in Indonesia. One of the 3T areas is Majene Regency, located in West Sulawesi Province. Therefore, this Community Service activity (PKM) aims to assist in making financial reports and digital-based payments. The partner in this PKM activity is the Kasippi Mitra Sejahtera Cake Shop. Making a QRIS account in this activity uses the Bank Mandiri Livin'usaha application. For assistance in making financial reports using the Buku Warung application. The PAR (Participatory Action Research) method approach is the type of method used in this PKM activity. This activity consists of the problem identification stage, the preparation stage, the program implementation stage, and the evaluation stage. The results obtained in this PKM activity are that Digital Payments using QRIS make it easy for the public to make transactions. The results of this PKM also provide knowledge about making digital financial reports. Therefore, this assistance activity for creating financial statements and digital-based payments can positively impact partners, namely implementing digital costs on their businesses and recording and making simple financial reports using an application. This aims to make partners better at managing their business.

A Comparative Analysis of Banking’s Financial Performance before and after using E-Money

This study aims to determine the comparison of the financial performance of PT. Bank Mandiri (Persero) Tbk before and after issuing e-money. By using a research period of 3 years before and 3 years after issuing e-money. Financial performance is measured by profitability ratios as seen from the Return On Assets (ROA), Return On Equity (ROE), and BOPO ratios. This research is a quantitative research. The data used in this study is secondary data, namely the financial statements of PT. Bank Mandiri (Persero) Tbk. The subject of this research is PT. Bank Mandiri (Persero) Tbk which issues e-money. Data analysis used paired sample t-test analysis. The results of this study indicate that there are significant differences in the ratios of ROA, ROE, and BOPO before and after issuing e-money

Pengaruh Gaya Kepempinan Partisipatif dan Nilai Nilai Perusahaan di Masa Pandemi Covid 19 Terhadap Kinerja Pegawai Melalui Komitmen Sebagai Variabel Intervening

This research is based on the phenomenon of the covid-19 pandemic outbreak which has an impact on banking performance, therefore the authors formulate how to influence participatory leadership style and company values during the covid-19 pandemic on employee performance through commitment as an intervening variable at PT. Bank Mandiri (Persero) Medan Krakatau branch. This study aims to determine the effect of participatory leadership style during the Covid-19 pandemic on employee performance, the influence of corporate values on employee performance, the indirect influence of participatory leadership style during the Covid-19 pandemic through commitment to employee performance, the indirect effect of the value -company values during the covid-19 pandemic through commitment to employee performance. The population in this study are employees at PT. Bank Mandiri (Persero) Medan Krakatau branch as many as 172 people, the sampling technique used the slovin technique with a total of 64 people/sample. The analysis technique used is multiple linear analysis and path analysis. The results showed that participatory leadership style and company values affect employee performance. Participative leadership style through commitment does not directly affect employee performance and corporate values through commitment indirectly influence employee performance.

Pengaruh Audit Internal terhadap Penerapan Good Corporate Governance pada PT.Bank Mandiri Persero Tbk KCP Sudirman Palembang

This study aims to determine the effect of internal audit on the implementation of good corporate governance at PT. Bank Mandiri (Persero) Tbk KCP Sudirman Palembang. Good corporate governance is the dependent variable in this study, while internal audit is the independent variable. The sample in this study was 31 employees who were obtained using a non-probability sampling technique. This type of research is causal associative, where there is a causal relationship between the dependent and independent variables. The data collection techniques used were interviews and questionnaires using a multiple linear regression analysis approach through IBM SPSS version 21 software. The results of this study indicate that the implementation of internal audit has a significant influence on good corporate governance with a significant value of alpha 0.000 (0.000 <0.05).

Evaluation of the Implementation of Credit Restructuring during the Covid-19 Pandemic at Bank Mandiri Ternate Branch

This study aims to evaluate the implementation of credit restructuring by Bank Mandiri Ternate branch during the Covid-19 pandemic in 2020-2021 and analyse the inhibiting factors in its implementation. This research uses a descriptive qualitative method with a phenomenological approach. Primary data was obtained through observation, interviews, and documentation, while secondary data was obtained from searching related documents. This research involved three informants from BMCT and four informants who are KUM and KUR business actors associated with the credit restructuring programme. The results showed that the implementation of business credit restructuring at Bank Mandiri Ternate Branch was in accordance with OJK regulations and Bank Mandiri's internal policies related to handling non-performing loans due to the Covid-19 pandemic. Although inhibiting factors in the implementation of the restructuring programme were heard, customers did not feel it as an obstacle because they felt helped by the existence of this programme which helped relieve their financial burden. On the other hand, there are also obstacles felt by the bank, especially related to social distancing rules that affect the implementation of restructuring.

Collaborative Governance dalam Program Rehabilitasi Sosial Rumah Tidak Layak Huni di Kota Surabaya

Abstract: The Social Rehabilitation Program for Uninhabitable Houses abbreviated as rutilahu is a program to improve the quality of housing through repairs as a whole and/or entirely with the principles of acceptability, transparency, accountability, integration, partnership, solidarity, benefits and participation. This study aims to describe in depth the process of collaborative governance in the Social Rehabilitation Program for Uninhabitable Houses in the City of Surabaya. This type of research uses descriptive qualitative techniques with the determining informants through purposive and snowball sampling techniques. Data collection techniques used were observations, interviews, and documentation. Data analysis techniques using "interactive model of analysis" by Miles and Huberman (2014). The collaborative governance process is analyzed by theory (Ansell & Gash, 2007) including face to face dialogue, trust building, commitment to the process, shared understanding, and intermediate outcomes. The results showed that the collaboration process had been successfully carried out at the face to face dialogue, trust building, share understanding, and intermediate outcome stages between the DPRKPP of Surabaya City with BP2P Jawa IV, Baznas Surabaya, YMI ITS, Victory Community Church of Surabaya, KTPR, Bank Mandiri, and from private donor. Meanwhile, the collaboration process at the commitment to the process stage has been quite successful between the parties. In the commitment to the process stage, the majority of the collaborating or participating parties do not yet have written documents that can strengthen their collaborative relationship, so at least a letter of agreement is needed stating or known by the parties concerned.

The Influence of Bank Mandiri's Entrepreneur Expo in Increasing the Spirit of Entrepreneurship at the 25th Anniversary in West Java Province

This research investigates the impact of Bank Mandiri's Entrepreneur Expo on the spirit of entrepreneurship during its 25th Anniversary celebration in West Java Province. Employing a mixed-methods approach, we assess the influence of the expo on attendees' entrepreneurial spirit through quantitative surveys and gain deeper insights into their experiences and perceptions via qualitative interviews. The quantitative analysis reveals that expo attendees exhibit significantly higher levels of motivation, willingness to take risks, innovation, and intention to start a business compared to non-attendees. Qualitative findings highlight the expo as an inspirational platform that offers networking opportunities, knowledge acquisition, and a confidence boost. Overall, Bank Mandiri's Entrepreneur Expo emerges as a significant catalyst for fostering entrepreneurship, providing valuable lessons for organizations and policymakers seeking to promote entrepreneurship and innovation within their communities.

Analysis of Bank Mandiri's Entrepreneur Expo Program in Encouraging Entrepreneurial Spirit

Analysis of Bank Mandiri's Entrepreneur Expo Program in Encouraging Entrepreneurial Spirit

The Influence of Fınancıal Lıteracy, Customer Engagement on Customer Trust Medıated Customer Loyalty in Bank Group Based On Core Capıtal (GBCC) 4

This pandemic has not only impacted the world economy but also the family economy. Banking service companies are currently faced with very sharp, complex competition and rapid changes in the business environment. Customer loyalty is a major driver of banking marketing activities (Watson et al., 2015) to continue to survive in business competition. Customer loyalty can be reflected in the continued increase in third-party funds placed at the bank. Good financial literacy will help individuals avoid financial problems, especially during the COVID-19 pandemic. This study aims to analyze and prove the effect of financial literacy, and customer engagement on customer loyalty mediated by customer trust in Bank Groups Based on Core Capital (KBMI) 4. Analysis was carried out using Structural Equation Modeling (SEM) based on components or variants (component-based), which is popular with Partial Least Square (PLS) with the help of the SmartPLS program with a total of 253 customer respondents from Bank Central Asia, Bank Mandiri, Bank Negara Indonesia, Bank Rakyat Indonesia. Keywords: Financial Literacy, Customer Engagement, Customer Loyalty, Customer Trust

ANALISIS RISIKO PROFIL DAN PENGARUHNYA TERHADAP PROFITABILITAS PADA BANK BUMN

The purpose of this study is to analyze the risk profile and its impact on profitability at state-owned banks. The sampling technique used in this study is Nonprobability Sampling, namely Purposive Sampling. The population and samples used in this study are state-owned banks, namely Bank BNI, Bank Mandiri, Bank BRI, and Bank BTN by taking data from annual financial reports published from 2017 to 2022. The data analysis technique used is descriptive statistical analysis and statistical analysis. statistics. Descriptive statistical analysis was used to describe the variables in this study, namely Non Performing Loans (NPL), Loan to Deposit Ratio (LDR) and Return on Assets (ROA). The statistical analysis used was multiple linear regression panel data tests which were first tested for model selection, then added the classic assumption test as a condition for using regression analysis. Furthermore, F statistical tests and t statistical tests (hypothesis testing) were carried out, the coefficient of determination. The results of this study are that NPL or non-performing loans have no significant negative effect on ROA at state-owned banks. From the NPL value, it can also be concluded that 3 state-owned banks, namely BNI, Mandiri and BRI, have relatively good NPL levels, meaning that the risk of bad credit is low, except for BTN banks. As for the LDR or Loan to Deposit Ratio, there is no significant effect on ROA at government banks.

Analysis of Work-Life Balance and Job Satisfaction on Employee Performance at Bank Mandiri Kupang Branch Office

This study aims to examine the effect of work-life balance variables and job satisfaction on employee performance at Bank Mandiri Kupang Branch Office. The approach uses a quantitative approach. The data was collected from a questionnaire, where the score was calculated based on a measurement scale between numbers 1 to 5 on research variables. The method used to retrieve the data is non-probability sampling, where the technique is in the form of saturated sampling, namely all employees of Bank Mandiri Kupang Branch Office with a total of 35 people. Data were analyzed using PLS (Partial Least Square). The results show that work-life balance has a significant positive effect on employee performance. Furthermore, resulted that employee performance was positively and significantly influenced by job satisfaction.

Factors that Influence Intention to use Mobile Banking

The increase in internet penetration in Indonesia which has reached 77.02% is not in line with the growth of Bank Mandiri mobile banking users to the number of customers which is still low. This study evaluates perceived ease of use, trust, compatibility, security, and convenience on intention to use m-banking with the mediation of perceived usefulness. This study distributed online questionnaires collected through social media and obtained 210 respondents in the Jabodetabek area. This research method uses quantitative with the Partial Least Square (PLS) - Structural Equation Modeling (SEM) method using the Smart PLS 3.0 program. The results state that perceived usefulness affects intention to use m-banking, perceived ease of use and trust affect perceived usefulness. Perceived usefulness variables can mediate perceived ease of use and trust in intention to use m-banking.