PT Bank Mandiri Research Articles

Pengaruh Loan To Deposit Ratio, Capital Adequacy Ratio, Dan Non Performing Loan Terhadap Profitabilitas Perbankan Yang Terdaftar Di Bursa Efek Indonesia (BEI)

This study aims to determine how the influence of Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans on Banking Profitability Listed on the Indonesia Stock Exchange (IDX) that occurs at PT Bank Central Asia Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank CIMB Niaga Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) in 2014-2018.
 The data used in this study are quantitative data with secondary data sources derived from the financial statements of each bank. This research uses descriptive statistical analysis methods, inference analysis, classic assumption test, multiple linear analysis and coefficient of determination. Regression analysis is used to find out how the influence of independent variables on the dependent variable with a significance value of 5 percent. While the determination coefficient analysis is used to determine the relationship between the independent variable and the dependent variable.
 From the partial hypothesis test (T Test) that has been done by the author, it is obtained that the Loan to Deposit Ratio affects Return On Assets, Capital Adequacy Ratio has no effect on Return On Assets and Non Performing Loans has no effect on Return On Assets. For simultaneous hypothesis testing (Test F), the results obtained are that the independent variables namely Loan to Deposit Ratio, Capital Adequacy Ratio and Non Performing Loans simultaneously influence the Return on Assets.
 
 Key words : Loan to Deposit Ratio (LDR), Capital Adequacy Ratio (CAR), Non Performing 
 Loan (NPL), Return On Asset (ROA).

THE INFLUENCE OF COMPETENCE AND COMMUNICATION ON EMPLOYEE PERFORMANCE OF INTERNAL AUDIT WORK UNIT AT PT BANK MANDIRI (PERSERO), TBK WITH MEDIATION VARIABLE JOB SATISFACTION

This study aims to analyze the influence of competence and communication on internal audit employees' performance at PT Bank Mandiri (Persero) Tbk with the mediating variable of Job Satisfaction. The population in this study were 284 employees of the internal audit of PT Bank Mandiri Tbk. Whereas in this study using saturated samples, the entire population of this study became research respondents. The data collection method is by distributing questionnaires as a primary data collection tool. Furthermore, the data is processed and analyzed using the Amoss 26 Structural Equation Models method. This study uses competency and communication independent variables as well as employee performance-dependent variables and job satisfaction mediation variables. The results of the study prove that there is an effect of competence on job satisfaction; there is an effect of communication on job satisfaction; there is an influence of competence on performance; there is an effect of communication on performance; there is an effect of job satisfaction on performance; there is an influence of competence on performance through job satisfaction; there is an effect of communication on performance through job satisfaction.

MENINGKATKAN KINERJA KEUANGAN RETURN ON EQUITY (ROE) MELALUI RASIO STRUKTUR MODAL DEBT TO ASSET RATIO (DAR) DAN DEBT TO EQUITY RATIO (DER) PADA PT BANK MANDIRI TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

This study aims to determine how much influence the Debt to Assets Ratio (DAR) and Debt to Equity Ratio (DER) have on the Return on Equity (ROE) of PT Bank Mandiri Tbk which are listed on the Indonesia Stock Exchange. The research design used in this research is associative/quantitative research. The population in this study is the annual financial statements of PT. Bank Mandiri Tbk for the period 2012-2019, while the sample was taken using time series data, namely the annual financial statements of PT. Bank Mandiri Tbk for the period 2012-2019 which consists of balance statements, income statements, and cash flow from funding activities from 2012 to 2019. The result of the coefficient of determination (R Square) is 0.813. This figure means that 0.813 or 81.3% of the diversity of data from financial performance data can be explained by the two independent variables, namely the Debt to Asset Ratio and the Debt to Equity Ratio. While the rest (1-0.813 = 0.817) or 18.7% is explained by other factors outside the study. The results of statistical tests show that the Asset Ratio and Debt to Equity Ratio together (simultaneously) have an effect on financial performance (Return on Equity).

Pengaruh Dana Pihak Ketiga Dan Loan To Deposit Ratio Terhadap Jumlah Penyaluran Kredit

The purpose of this research is to know the influence of Third-Party Funds and Loan to Deposit Ratio to The Amount of Loans that happened to PT Bank Negara Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Mandiri (Persero) Tbk on 2010-2019.
 Data that used for this research are quantitative data which sourch from secondary data on every banks financial report. The method used in this research are multiple linear regression analysis method, T test, F test, coefficient test and coefficient of determination test. Regression analysis used to know the influence of independence variable to dependence variable with a significance value of 5 percent while the analysis of coefficient determination and determination used to know the correlation of independent variabel and dependent variabel.
 Based on partial hypothesis test (T test) that has been done by the author, the result show that Third-Party Fund has a significant influence to The Amount of Loans, and the Loan to Deposit Ratio (LDR) has a significant influence to The Amount of Loans. On hypotheses simultaneously test (F test), the result shows that Third-Party Funds and Interest Rate of Corporate Loans have a simultaneous effect.
 
 Key words : Third-Party Fund, Loan to Deposit Ratio (LDR) of the Amount of Loans

Pengaruh Technology Readiness Index Terhadap Keinginan Untuk Menggunakan Internet Banking Pada PT Bank Mandiri KCP Pondok Chandra Surabaya

This study aims to measure the degree of readiness of the individual to intention to use internet banking on PT Bank Mandiri Surabaya. Approach with Technology Readiness index, have four variables that can measure the level readiness that is Optimism, innovativeness, discomfort, and insecurity. This research is quantitative research with 100 respondents who conduct financial transaction. The data were analyzed using structural equation model (SEM) variants based, that is Partial Least Square (PLS) with SmartPLS 2.0 program. The result of analysis found that two construct of technology readiness positive effect to intention to use internet banking that is Optimism dan Innovativeness, but the result of Innovativeness found had no impact to intention to use internet banking. While construct Discomfort dan Insecurity had negative effect to intention to use internet banking, but surprisingly construct insecurity found had impact to intention to use internet banking.

JURIDICAL REVIEW OF THE MERGER PLAN BETWEEN BANK MANDIRI AND BNI IN ANTICIPATION OF GLOBAL COMPETITION IN THE PERSPECTIVE OF CONGLOMERATION AND UNFAIR BUSINESS COMPETITION

Banking is one of the increasingly important economic sectors in Indonesia's economic development, especially in facing the era of free trade and globalization, both as an intermediary between the deficit sector and the supply sector as an agent of development. The planned merger of PT Bank Negara Indonesia Tbk and PT Bank Mandiri Tbk was also put forward by the then Minister of Finance with the aim of enlarging the scale of national banking so that it could be aligned with regional banks so that the Indonesian economy could grow the largest in the Association of South East Asia Nations (ASEAN). Although mergers are generally intended for business development based on increasing efficiency, it cannot be denied that mergers can also have consequences that can affect business competition. Other risks that can arise from the merger plan are financial conglomerates against adverse selection and moral hazard, given the excessive risk taking behavior. Judging from the data, in terms of regulations there is indeed no prohibition for banks in Indonesia to have a subsidiary. However, the practice of financial conglomeration has the potential to give birth to an unfair business competition.

The Effect of Retaliation, Legal Protection, and Financial Incentive on Whistle-Blowing Intention with Organizational Commitment as Moderating Variable

The study aims to empirically examine the variables relationship and the effect of retaliation, legal protection, financial incentives, on whistle-blowing intention with organizational commitment as moderating variable. Questionnaires were distributed to collect data from the employees of banks classified in Book IV, namely PT Bank Rakyat Indonesia Tbk., PT Bank Mandiri Tbk., PT Bank Negara Indonesia Tbk., PT Bank Central Asia Tbk., PT Bank CIMB Niaga Tbk., and PT Bank Panin Tbk. They occupied various position levels and the number of respondents reached 190 persons. Subsequently. The questionnaires were then analyzed using SEM (Structural Equation Modeling) and processed using the software SmartPLS Version 3.2.9. Based on the analysis results, it shows that retaliation variable has a negative effect on whistle-blowing intention, while legal protection, financial incentives, and organizational commitment have a positive effect on whistle-blowing intention. Organizational commitment can have a positive effect on legal protection and financial incentives on whistle-blowing intentions, while organizational commitment is unable to show a negative effect on whistle-blowing intention.

PENGUKURAN VALUE AT RISK PADA ASET PERUSAHAAN DENGAN SIMULASI MONTE CARLO

This research aims to measure the Value at Risk (VaR) at corporate assets PT Telekomunkasi Indonesia Tbk (TLKM) and PT Bank Mandiri (BMRI) and portofolios that can be formed by the two assets using Monte Carlo simulation method. The data used of daily closing price a period 1 January 2012 to December 2019. The result shows that the VaR value with stand alone risk of TLKM stock with the Monte Carlo Method is 24% and the VaR Value of BMRI stock is 26,5%, BMRI gives the greater risk than TLKM. While the result of the VaR Value with portofolio risk with Monte Carlo method is 21,4%. The VaR with portofolio risk lower than the VaR with stand alone risk, it shows that the divercification can minimize the risk from investmen.

PERAMALAN HARGA SAHAM DENGAN METODE LOGISTIC SMOOTH TRANSITION AUTOREGRESSIVE (LSTAR) (Studi Kasus pada Harga Saham Mingguan PT. Bank Mandiri Tbk Periode 03 Januari 2011 sampai 24 Desember 2018)

Series such as financial and economic data do not always form a linear model, so a nonlinear model is needed. One of the popular nonlinear models is the Smooth Transition Autoregressive (STAR). STAR has two possible suitable transition function such as logistic and exponential that need to be test to find the appropriate transition function. The purpose of writing this thesis is to determine the LSTAR model, then use the model to predict the stock price of PT Bank Mandiri. This study uses the data of the weekly stock price of PT Bank Mandiri from the period of January 3, 2011 to December 24, 2018 as insample data and the period of January 1, 2019 to December 30, 2019 as outsample data. The research procedure begins with modeling the data with the Autoregressive (AR) process, testing the linearity of the data, modeling with LSTAR, forecasting, and finally evaluating the results of forecasting. Evaluating the results of the forecasting of the weekly share price of PT Bank Mandiri with the STAR model results in the best nonlinear model LSTAR (1,1). This model produces an highly accurate forecasting result with a value of symmetric Mean Square Error (sMAPE) to be 5.12%.Keywords: Nonlinear, Time Series, STAR, LSTAR.

The Effect of Profitability on Dividend Policy in Indonesian State-Owned Banks

This study is conducted to determine the effect of the profitability variable on dividend policy in Indonesian state-owned banks. The method used in this research is quantitative method using numerical data which are tested using panel data regression analysis. The population of this study is PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Tabungan Negara (Persero) Tbk, and PT Bank Mandiri (Persero) Tbk, where the data samples are the financial statements for fiscal year 2011 through fiscal year 2019. The study result is the NPM (profitability) regression coefficient of -0.731653. This value indicates the negative direction on dividend policy. Moreover, the results of t-test obtain a significant level of 0.0409 which is smaller than 0.05 (level of significance). From these results, it can be concluded that profitability which is measured using net profit margin (NPM) has a negative but significant effect on dividend policy (DPR). This means that value of profitability which is measured by the net profit margin (NPM) is not the basis for the number of dividends that will be distributed by the company management to the shareholders.

THE INFLUENCE FROM FINANCIAL PERFORMANCE ON EARNING PER SHARE (EPS) WITH SOUNDNESS LEVEL OF BANKS AS INTERVENING VARIABLE AT BUKU IV BANKS CATEGORY IN INDONESIA

The purpose of this research was to analyze those influence of financial ratios towards earnings per share with soundness level of banks as an intervening variable based on risk-based bank rating method at BUKU IV Banks in Indonesia for the period of 2015-2019. The six banks are PT Bank Mandiri Tbk, PT Bank Rakyat Indonesia Tbk, PT Bank Negara Indonesia Tbk, PT Bank Central Asia Tbk, PT Bank CIMB Niaga Tbk and PT Bank Danamon Indonesia Tbk. This research used secondary data with quantitative approach. Data analysis technique used panel data regression by purposive sampling. The results showed that NPL & GCG had significant negative influence on soundness level of banks and NPL had significant negative impact on EPS. GCG had significant positive influence against EPS, and ROA & CAR did not have significant positive impact towards soundness level of banks & EPS, while soundness level of banks were not found to have significant negative affect to EPS, and soundness level of banks did not mediate NPL, GCG, ROA and CAR in affecting EPS

PENGAMBILALIHAN KREDIT OLEH KARYAWAN ALIH DAYA (OUTSOURCING) PT BANK MANDIRI YANG BERAKIBAT PADA TINDAK PIDANA PENIPUAN

Banyaknya tindak pidana penipuan yang terjadi, bahkan telah berevolusi dengan berbagai macam bentuk salah satunya penipuan yang dilakukan oleh oknum karyawan bank. Studi ini akan fokus pada tiga permasalahan hukum yaitu bagaimana mekanisme penawaran pengambilalihan kredit kepada nasabah di Bank Mandiri yang pada faktanya dapat dilakukan oleh tenaga alih daya? Apa ratio legis atas Putusan PN Tanjungkarang Nomor 664/Pid.B/2017/PN.Tjk tindakan karyawan alih daya pada PT Bank Mandiri? Dan bagaimana membangun keamanan system manajemen Bank Mandiri terhadap upaya penipuan yang dilakukan oleh karyawan alih daya? Pendekatan penelitian yang digunakan dalam penelitian ini adalah melalui pendekatan yuridis normatif dan pendekatan empiris dengan menggunakan data sekunder dan data primer, selanjutnya dilakukan analisis data secara kualitatif.Adapun hasil penelitian yang didapatkan bahwa faktor penyebab terjadinya karyawan outsourcing PT Bank Mandiri berwenang melakukan penawaran take over kredit kepada nasabah yaitu faktor strata sosial, faktor ekonomi dan faktor lingkungan. Pertimbangan hakim terhadap tindak pidana penipuan oleh karyawan outsourcing PT Bank Mandiri pada Putusan Nomor 664/Pid.B/2017/PN.Tjk didasarkan pada alat bukti, keterangan saksi, keterangan ahli, surat dakwaan, tuntutan Jaksa Penuntut Umum, unsur-unsur yang memenuhi dalam Dakwaan Jaksa, serta hal-hal yang memberatkan dan meringankan. Penegakan hukum yang ideal terhadap tindak pidana penipuan oleh karyawan outsourcing PT Bank Mandiri mempunyai tujuan untuk menghukum karyawan outsourcing agar menjadi jera serta tidak mengulangi perbuatannya di kemudian hari dan cenderung menyejahterakan rakyat banyak

VALUE at RISK (VaR) DAN CONDITIONAL VALUE at RISK (CVaR) DALAM PEMBENTUKAN PORTOFOLIO BIVARIAT MENGGUNAKAN COPULA GUMBEL

One way to minimize risk in investing is to form of portfolio by combining several stocks.Value at Risk (VaR) is a method for estimating risk but has a weakness that is VaR is incoherent because it does not have the subadditivity. To overcome the weakness of VaR, Conditional Value at Risk (CVaR) can use. Stock data is generally volatile, so ARIMA-GARCH is used to model it. The selection of ARIMA models on R software can be automatically using the auto.arima() function. Then Copula Gumbel is a method for modeling joint distribution and flexible because it does not require the assumption of normality and has the best sensitivity to high risk so that it is suitable for use in stock data.The first step in this research is to modeling Copula Gumbel-GARCH with the aim to calculate VaR and CVaR on the portfolio of PT Bank Mandiri Tbk (BMRI) and PT Indo Tambangraya Megah Tbk (ITMG). At the confidence level 99%, 95%, and 90% obtained the VaR results sequentially amounted to 3.977073%; 2.546167%; and 1.837288% and the CVaR results sequentially amounted to 4.761437%; 3.457014%; and 2.779182%. The worst condition is a loss with VaR and it is still possible if a worse condition occurs is a loss with CVaR so that investors can be more aware of the biggest loss that will be suffered.Keywords: Value at Risk, Conditional Value at Risk, Auto ARIMA, Copula Gumbel.

IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE AT PT AXA MANDIRI FINANCIAL SERVICES

Good Corporate Governance (GCG) is a system that organizes and controls a company so that it can form added value for all stakeholders. This study aims to determine the application of GCG at PT AXA Mandiri Financial Services (AMFS) which is a joint venture Conventional Life Insurance company between PT Bank Mandiri (Persero) Tbk and National Mutual International Pty. Limited (AXA). The research method used is descriptive qualitative. The results of this study indicate that PT AMFS has implemented GCG in an integrated manner in all business processes. This is evidenced by the transformation in 10 line areas, namely digital services, distribution, health and protection, human resources and culture, information technology systems, data, efficiency, customer experience, and offers (documents and products). PT AMFS also applies the Three Lines of Defense principle to an internal control system that is integrated with risk management. The main line of defense is the directors and all employees of PT AMFS. Second, risk management, compliance and law. Third, internal and external audit.

FUNGSI INTERNAL CONTROL DALAM PENCEGAHAN FRAUD DI PT BANK MANDIRI (PERSERO) TBK. REGIONAL X MAKASSAR

This study aims to examine and analyze the function of internal control in fraud prevention at PT Bank Mandiri (Persero) Tbk. Regional X Makassar. This research uses descriptive qualitative analysis method where the data is obtained based on the results of interviews and adapted so that it becomes data that is explaining the research issue. The results of this study indicate that Bank Mandiri in Regional X Makassar continues to be committed and proactive with good governance in fraud prevention, with a special Internal Control unit that handles this and reports directly to the CEO in Regional / Independent. By way of prevention; Creating an Honest Culture and Eliminating Fraud opportunities for all Employees in Makassar Regional X Makassar.

Penerapan Altman Z-Score Dalam Memprediksi Kebangkrutan Pada PT Bank Mandiri (Persero) Tbk

The purpose of this study is to determine and analyze the risk of bankruptcy of goverment PT Bank Mandiri (Persero) Tbk by Altman Z-Score. Population of this study is PT Bank Mandiri (Persero) Tbk financial statements and sample of this study is PT Bank Mandiri (Persero) Tbk financial a statements 2014– 2018. Data type used is secondary data and data collection technique is documentation from financial statements published on www.bankmandiri.co.id. Data processing technique used Altman Z-Score methode Modification version. Based on the result data processing, obtained results Z-Score at 2014 is 2,04; 2015 is 2,13; 2016 is 1,98; 2017 is 2,10 and 2018 is 2,22. Based on the data analyze it can be concluded PT Bank Mandiri (Persero) Tbk is categorized suffed the threat of Grey Area because the standart score value below 1,81 < Z < 2,99 and PT Bank Mandiri (Persero) Tbk had the highest risk of bankcruptcy in 2016 with Z-Score in 1,98.

Analysis of factors affecting customer satisfaction (PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch)

Basically the goal of a business is to create customers who are satisfied. The creation of satisfaction can provide several benefits, including the relationship between the company's customers are harmonious, provide a good foundation for the purchase and creation of customer loyalty and establish a recommendation by word of mouth (word-ofmouth) which is advantageous for the customer, This research conducted in PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch sample of 100 customers with sample selection. In this study usingstratified random sampling technique, Bysampling in certain strata then taken at random with equal proportion according to the position in the population, With the data were analyzed by using multiple linear regression analysis. Servqual significantly affect customer satisfaction and positive experience for the customer PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch, customer value as wellsignificantly affect customer satisfaction and positive experience for the customer PT Bank Mandiri ( Persero) TBK Padang Belakang Olo Branch. Product quality can not beaffects customer satisfaction PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch. Emotionalcan not affectcustomersatisfactionforcustomers PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch . Prices are not able to affect customer satisfaction for customers Bank PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch. Cost significantly affect customer satisfaction and positive experience for the customer PT Bank Mandiri ( Persero) TBK Padang Belakang Olo Branch.It can be concluded that the higher Servqua and, customers value a customer satisfaction will also increase, in addition to lower customers' costs incurred in obtaining products and services PT Bank Mandiri (Persero) TBK Padang Belakang Olo Branch, then customer satisfaction will increase.

Pengaruh Capital Adequacy Ratio, Return on Asset, Loan to Deposit Ratio dan Non Performing Loan Terhadap Laba Bersih pada Bank BUMN yang Terdaftar di Bursa Efek Indonesia Periode 2014 – 2018

This research aims to analyze the effect of simultaneous capital adequacy ratio, return on asset, loan to deposit ratio and non performing loan on the net profit of government public banks in Indonesia Stock Exchange. The effect of partial capital adequacy ratio, return on asset, loan to deposit ratio and non performing loan on the net profit of government public banks in Indonesia Stock Exchange. The research methodology is descriptive and quantitative analysis methods. Data used is secondary data. The population become object in this research is government public bank period of year of 2014-2018. Amount sample the used is the fourth (4) government public bank and still stand up during period of perception and also publicized of year of 2014-2018 by Indonesian Stock Exchange the analysis multiple regression, hypotesis test so determinant coefficient F test and t test. The object of this research is foreign exchange bank listed on the Stock Exchange Indonesia 2014-2018. The sampel in the receach is PT Bank Negara Indonesia,Tbk (BBNI), PT Bank Rakyat Indonesia,Tbk (BBRI), PT Bank Tabungan Negara,Tbk (BBTN), PT Bank Mandiri,Tbk (BMRI), Results of multiple regression equation is Y = 11,469 + 1,30X1 + 1,599X2 - 5,069X3 + 0,481X4 + e, F test result, it is known that capital adequacy ratio, return on asset, loan to deposit ratio and non performing loan simultaneously on the net profit. F count larger than F table (52,763 > 3,06) or comparing the significant level of 0.05 then (0.000 < 0.05) then Ho is rejected and Ha accepted. Based on the results of the t test capital adequacy ratio, return on asset and loan to deposit ratio have significant effect between the net profit (tcount> ttable).Conclusion is the capital adequacy ratio, return on asset, loan to deposit ratio and non performing loan simultaneously on the net profit.. While partially have variable capital adequacy ratio, return on asset and loan to deposit ratio have significant to net profit

Effect of Financial Performance on Stock Price with Return on Assets as an Intervening Variable in State-Owned Banks in Indonesia

The objective of this study is to examine the significant effect of financial performance on stock price with Return on Assets (ROA) as an intervening variable in state-owned banks. This is an explanatory research. The research population is Indonesian banking industry owned by the government, namely the State-Owned Commercial Bank (SOE). The 4 (four) banks involved as the sample among other PT Bank Mandiri (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, and PT Bank Tabungan Negara (Persero) Tbk. The test results showed that Non-Performing Loan (NPL) ratio does not have a significant negative effect on Return on Assets (ROA), Loan to Deposit Ratio (LDR) ratio does not have a significant positive effect on Return on Assets (ROA), Capital Adequacy Ratio (CAR) ratio does not have a significant positive effect on Return on Assets (ROA), Operating Expenses toward Operating Income (OEOI) has a significant negative effect on Return on Assets (ROA), BI Rate has a significant positive effect on Return on Assets (ROA), Return on Assets (ROA) has a significant positive effect on the return of stock price.

Managing Customer Relationship in Retail Banking – TIPCE as Driver of Customer Loyalty and Word Of Mouth of PT Bank Mandiri. Case Study of Priority Banking Customers in Kelapa Gading.

This research proposes the idea of applying company culture or philosophy into a set of operation procedure which is applied by all employees. The goals of implementing company culture into a set of procedure are obtain long term profitability by creating loyalty behavioral intention and positive word of mouth from the existing customers. The sample used in this research is priority banking customers in PT Bank Mandiri Indonesia that is located in Kelapa Gading Priority Outlet. Â It is founded that customers will generate word of mouth based on what they feel about the bank. In addition, they will remain loyal with the bank if they feel satisfied with the services.