ENDAHULUAN P Iuri g r rkbg globlii Dl r u rr bgi fugiy kr rgi r iliki r klbih ihk obilii yiu iri, fugi l jl Hl uh lku buuhk ihk k bug Ug - ghiu royk b

Transkripsi

1 A NALISIS STRUKTUR, PERILAKU DAN KINERJA INDUSTRI PERBANKAN TAHUN Srucur-Couc- P rforc D I INDONESIA Aroch V Rliv Efficicy Aroch Ab r Pu Ghi Tlov P rof F X Sugiyo, MS A BSTRACT T h iury of ig h v ry vil rol rgic i I oi' cooic r N iol b kig i ury h xric h yic ic h c of rgulio i h ory cor Th g ovr hrough by B k I oi BI h ory uhoriy h r h vriou w io h ircly i fluc h rucur, h b hvior w ork f orc of h iol b kig i ury Vriou govr wio r o o h yic of iol cooy i clu ory crii i w hich h b rok h biliy o f iol cooy h b kig i ury i I oi T hi uy i o fi ou h rucur of I oi' ig i ury urig h , k lyz h ifluc of h rucur b hvior / rgy of h c oy b k o fir work forc Th h u i hi uy r l fro w ih l o f hi uy i 82 c orcil Th ol o f lyi h u i hi rrch i ho of F ix E ffc M ol FEM T hi uy lo i o c or b w h wo roch / zhb hyoh h c crib h ru c oio of h ig i ury i I oi T h fir roch i h Srucur-Couc- P rforc S CP roch, w hil h co roch i h Rliv E fficicy R E roch T h rul how h b oh of Srucur-Couc- P rforc S CP roch Rliv E fficicy RE roch c crib h coio of b k i I oi, hi oi how h h w ork forc of h coy i ifluc by h rucur of h i ury hrough roxy h rio o f RA lo i fluc b y h fficicy of h coy hrough roxy o f rk hr MS B i h, h oi lo o bi h r ul, h h N Ir M rgi N IM v ribl h oiiv ic igific o W hil h C il Aqucy R io C AR v ribl, h Lo o D oi R io L DR v ribl, h o- rforig l o NPL v ribl h O wr v ribl w o igificly ic o K ywor: I ury of ig, Srucur-Couc- P rforc A roch, R liv E fficicy RE A roch

2 ENDAHULUAN P Iuri g r rkbg globlii Dl r u rr bgi fugiy kr rgi r iliki r klbih ihk obilii yiu iri, fugi l jl Hl uh lku buuhk ihk k bug Ug - ghiu royk b lh 1998, Thu No10 Ug yrk k ylurky i buk yrk uk b rky hiu rf igk rgk liy buk /u r k 1960 hu r Ioi r ii B bii ru i bh, cri rlu ik gkr, ih K rkl blu bgiu bl 0 8 hu r Ku cri g bhlh ky i r - kif uli r juru r kr rblik, j r Dui k 7 UU No 1988 hu 88 ko 83, kju klury Bhk bh gjr Hl brri bru uluh ubur, ubuh Ioi Pr 1992, hu bgiu rik uuk rih olh brik k bbk R , ol ily uh -, BPR rik org i kiby rk hl bru rik uh org i 2004 Kir, bik cr ik gl bluy ui khcur ru 2000 hu i 1997 hu wl Sljuy bu u likuii Puluh Ioi r rgr lgi uluh brk Sw ilik uu Prih ilik bik krugi ri ru ru kib gloly lh kib lh Ioi r ui Kbobrok Niol ru rbu r ui cury H ir r bgi brhrg ljr c kr rio rbu krii Bhk 2004 Kir, khuuy Ioi Lo Prforig o N l 60% Ko ci iol r NPL 2008 urj, M I r K h kib uhy ulih blu ih oi ri r ikor u lh 2003 hu P rbu kooi rii k o Lo Rio oi D 0 5 oii br LDR - Ku 76% j 60% kig ihk rukur giro ri k jgk olh oii ih uy fugi jlk blu r ujukk bug, rogr irig iki, Nu iri fugi yiu i rkooi, r yh uli r Ioi, olh orog

3 ujukk w luu kirj igk oii kruruk l blu ci igk kirj ri blu krii Tufik, 2004 T bl 1 Prkbg A Uu Io i krii kooi, K look A ilir R P rro B USN Dvi BUSN No-D vi B PD C ur A ig T ol A Subr : Siik Pr I oi Jui 2010, Ioi, olh T bl 1 ujukk koi r Ioi ujukk rkbg igifik Slh u ikor kju r iol yiu lih rkbg uu Ioi P hu 2003 ol b k uu br R 1011 riliu hu- hu brikuy ru gli igk higg hu 2008 ol uu lh ci R 2040 riliu J ik lih brrk klook, u klook rbu ujukk igk julh K look P rro ru klook iliki julh rbr r iol yiu br R 829 riliu hu 2008, ku iku i olh U u Sw Niol Dvi oii ku julh br R 787 riliu Brikuy ikui olh K look Pbgu Drh BPD, Klook ig br Aig, Klook Cur BUSN No Dvi ig- R 162 riliu, R 145 riliu, R 88 riliu, R 27 riliu

4 Prkbg Tbl 2 A Shr B k Uu Ioi Subr K look A Shr % P rro 49,29 46,38 43,66 41,81 41,31 40,66 B USN Dvi 36,51 38,18 38,54 38,65 39,50 38,59 BUSN No-D vi 1,11 1,16 1,17 1,21 1,33 1,33 B PD 5,98 6,35 7,45 9,48 8,39 7,97 C ur 2,63 2,78 2,88 2,87 3,63 4,33 A ig 4,49 5,14 6,29 5,98 5,83 7,12 T ol A : Siik Pr I oi Jui 2010, Ioi, olh Jik r lih brrk g r rh ol k Prro BUSN Dvi ru u klook lig oi i uri r iol Prro BUSN Dvi iliki g r rh hr br 40,66% 38,59% hu 2008 Bgiuu hu- hu bluy, ku klook rbu llu oii oi brig k M ri, N gr Klook Prro ri rri ilik rih yiu Ngr Ioi BNI, Rky Ioi BRI, Tbug BTN Sgk klook B k BUSN Dvi rri 24 b k T bl 3 Prkbg Julh Uu Io i S ubr * Jui K look T hu * B k Prro B USN Dvi B USN No Dvi B PD B k Cur B k Aig J ulh : Siik Pr Ioi Jui 2010, Ioi, olh

5 bl T 2005 hu Ioi uu rkbg julh ujukk 3 r rj 2009 hu i 2005 hu Dri Jui r 2010 hu i uu byk julh 2009 hu Ioi, uu julh uru 21 1 Ioi ASIA krii rjy blu u 1997 hu Phl 240 byk Ioi uu julh huuy, k oori khuuy rih olh klurk kbij brbgi Ay lgu cr Ioi or iol r gruhi uru g rukur gur cob BI API, rcg y j Mily Dirc julh oi I - julh uru klifikik briku bgi ku oly, : 1 h wily brori uuk ku ki iriol 3 r hy rgk riliu, 50 R ol iliki r iriol j k b 2 brori lu g uh cku iliki iol k B cr riliu, 50 R i riliu 10 R r ol iliki r iol 3 r irgk i u ru uh g rfoku uhy kgi foku ig koi kbili g - k B ig - rbu r rgk riliu, 10 R i ilir 100 R r iliki g y rb uh kgi BPR Rky Prkr bi ik julhy ilir, 100 R bwh iliki orog khiry iol r kbij brbgi Hry ig - hy ik gr ruhy kirj igk ki uuk ig gk u i iol r ki brh u ri g i rgi bgikh lii uuk rik ku Shigg g - ig rig gk ruhy kirj igk iol r uri i k u r, kirj lih uk U yoh h 40 lbih l rb j lh rbu k ku gu k yiu r Pk hu rucur - ouc c - rforc u iilh kl g y rucur - rforc SP yoh h Gilbr Muru hilk kuug igk yiu k 2007 S, H

6 kcil Ski koiiy rj r rukur olh rgug g olh ku k uu koii rig rj rolh ug kori rio iggi ki Ku br ki ruh o ri ocrio c ki k uu kuug igk ul iggi ruh rolh g y ku rbu r k P k g k kl lrify y fficic liv r E R Pk RE bili kuug igk orog lh fiii kk 200 S, Sirlock Muru iggi g lbih y igk r hubug ik 7, g ruh buh kirj li, k Dg kuug igk kori rj igk u ruh buh Jik fiiiy rj rgug igy r bgk fiiiy biy rukur rgug hl rbu ruh k igy rh lbih rlif rouki ukur igk kuugy kilk iz ry g r hr rk igk iu, Mk kuug r g rk hr kori igk buk fiii hil ru cocrio io r uuk RE k rki iri ri Bbr kiul ghilk r USA, wilyh ku u Uuk brvrii r 1993 Lig H 1992, H Brgr 1984, Gilbr lii lii Sr hio rh ukug brik 1991 H 19 Crlio Cl olh ilkuk olk Bglh 2007 S USA 91 ujukk brb ki Hil RE hio ukug hio r 2000 Grovl Bikkr 1996, Ri Golbrg lii Ero, bu uju 2001 Rooj V u P RE uu hio r ix, hil kk 2004 Tufik, higg rbu k u gu ri Dl lii koi ggbrk uuk lbih hio kh khui Ioi r k kl kooi l lii D rucur - ouc c - c rfor rh hubug jl r l blik ibl hubug uu D ruh kirj rilku rukur, r l, k A Rio bgi Agu R ribl v j g y y rox r rukur i koi rj l ku, Mrgi Ir N M I N, o Ri Aqucy il C R A C, Lo Rio Doi o R D L, Lo Prforig o N NPL rilku j ig olh lkuk rgi - k b ig

7 S li k igu P k, ul k r liv fficicy RE ru k lrif M rk hr g r bgi j r oxy fiii buh ruh l ggbrk b riku: khiry ilii k/zhb h yohi kh lbih koi r Ioi B rrk lh rbu, k juk ry lii bgi 1 Bgi gruh rukur rilku rh kirj r Ioi? 2 Pk h yhoi kh lbih ggbrk koi i uri r Prforc ukh Ioi, k k R liv Efficicy R E? Srucur-Couc- T uju lii hk ci lh : 1 M gliigruh rukur rilku rh kirj r Ioi 2 M glii k hyohi ggbrk koi r kh Prforc ukh k R liv Efficicy Ioi, lbih Srucur-Couc- T ELAAH TEORI Prg Srucur-Couc-P rforc Slh u krgk r lii kooi Sukur-Prilku- Kirj u uu lh hubug Sucur-Couc-P rforc S-C- P Srukur r rucur uk bgi r lku brrilku c ouc khiry uk Couc-P rforc koirukur r kirj ru rforc rbu S-C- P Srucur- ig rig kgori u rj r gu Srukur uuk buh lih r gruhi rilku ruh r rbu cr br- uk Bry rourc- b kirj i r cr kluruh of Hrly h fir 1996 guk, ori br ori ru rbik ori biy rki ori kg Prlh uu buk hy g uu ruh ki uu, u g kirj uu

8 Jo Mo ES li ruh brb, ruh Shhr uru Bi Hy ori gbgk rbu ry jwb bruh 1990 kbg j brb uju iliki kuy olh k fk ori wly, P ori rkbg uuk ori Au koiif kurg ruh bhy gurgi rih bu ruh rgi j bgi brf CP S guk 1939 Mo olh cuk rg Dr rukur rucur lku r bgi uk uu rrilku b ouc c kirj u krg uk khiry rforc li r Prilku kori rio ukur biy Srukur rbu ilih uu kirj u Krg rou r kolui uu rig igk Hubug bili fiii iovi, rj li r ukur briku: bgi gbrk br G Pk 1 rucur S - ouc C - rforc P r g yiu okok l ig r r l rukur D hr rk, r ori k cocrio rk hb - r uk uuk hb y r o rrir b kbijk rri r Prilku - lku olh oi kbij r Prilku rouk krkriik hrg hl ru igy, r ro rgi rilku hrg, rgi rilku j klookk uk u biy kirj Sgk rooi rgi rilku ribui kibug kologi kju fiii, yiu okok k ig lh uu kirj gukur gu ribl V P iu bb korovril g iu j l lh Hubug klook r b ilh i rukurli hviori b Bi Jo Muru bb kirj, ig lbih rukur 1970, Grhr l kirj ri rukur, hy bik jl r cocrio io r ry o rrir b hy r rilku g Bi Jo juh, Lbih br if cri ru bhk u r kirj ru uu ig k obrvi, uuk kuli gli rig r rilku iu Sli r obykif ukur uk uuk i uli l rucur S ouc C rforc P

9 Di uru ori r ubi uu, buk iki, Nu l 2000, Prloff kirj ubr bgi ruh rilku r rukur h rukur uu ruh bgi, jl bruh Tori ruh ligkuiy, ru r rucur=s brrilku k couc=c higg ki uu rci ru rj rforc=p 1994, Mri khuu, lbih Scr orog iggi kori igk r rukur guk rilku Srukur li u brig kolui brrilku uuk ruh i i iovi igk u fiii, hrg, rcri kirj gruhi rg P y Efficic liv R RE lrif k ru RE rg, rg Brb u lb fiii r krki jl g y olh hr kirj igk orog lh fiii kk RE Pk ruh ik 2007, S, Sirlock Muru iggi lbih bili kuug ig kori igk r hubug Dg bili kuug k Jik fiiiy rj rgug g ruh buh kirj li, k igy r bgk fiiiy rj igk u ruh buh ruku rgug hl rh lbih rlif rouki biy r kuugy kilk rbu ruh k igy igk ukur iz ry g r hr rk yiu RE rg gu riologi T ruh kooiy kl igk u jik fiii ci cl of cooi Skl k uk uuk bru ruh bgi ghb j kooi k higg kooi kl iki ruh uu bil A rouki igk rh ki k hilk rouki byk ki brri br, g l ruh igk, r ri Abil uiy r rouki biy cub i i r uhi uuk bik lbih k uyi kr rbu, biy gurgi wku rouki julh bh rk fii ki k jul julh br ki iu, kr Olh ui r rouki b ruh bgi uk hb j Ii roukiy ru r w, lh ruh kcil bgi hy brgy r lu uly kr l ruh iggi lbih lh ui r rouki biy iu kr olh, cub i igk T hr rk iggi MS ruh kbrhil ikor ru l cub i Tiggiy bik lbih fiii ghilk rk

10 hr bru ruh bgi rriki hb j l ruh MS u rgi bgi uu r k uk k r rivl gurgi uk Puru hr rk k uu bru ruh bgi rug brik MS igk ci uuk brlug rbu ruh higg r k uk lig fii lii Trhulu P uu kirj rilku rukur, brki lii Bbr li: r r, uri i 1 ig Bglh h fro Evic Prforc: Couc Srucur, Mrk ury I 2007 S, Abu u bruju lii P kirj rilku rukur, r hubug lih uk k u ggu Plii Bglh r l yohi h fiii k k yiu rbu, hubug gukur hyoh fficicy i hu 4 42 cio cro ggu Plii yiu lii Hil bi OLS rgri o ggu liiy Mo igifik MS, gruhi igifik ik CR3 r gruhi fiii hio ukug Hil fi o hyohi fficicy Owr A LDEP, CRTA, ri liy Ku hio olk gruhi igifik hil ujukk 2 i Effic Coiio, ocrio, C i Scor ig Turkih h of Pbiliy cy Po h - Prio ri C 2007 kk, Ay, Fruk Ah kirj rilku rukur, r hubug lih uuk bruju Plii gguk Plii Turki r l 5 27 l rio r hubug ik yiu lii Kiul hu koii rj ori k - CR5 CR3 hiug br bgk fii lbih uy u - ju k b ig kcil lh oik w uu rih ilik bgk fii lbih ry kuug igk ukur bgi ROE ROA ggu Plii y bili igifik cr uy Hy ROA jl u lh ig ujukk rbu Hil bili ukur bgi Iuri Ku rbu iggi lbih kuug igk ilki oooliii rig r ujukk Turki r k

11 3 Rvluio of h Sucur-Couc-P rforc Prg i ig Dougl D Evoff Di LForir, 1988 Plii bruju uuk lih hubug r rukur, rilku kirj l r Arik Srik Plii ggu i ri hu Hil lii ukug ffici rucur hyohi u cr P OPD, kl k lrif zhb fiii Srukur r brgruh igifik rh ruh jik hb uky br Ku liy gruhi yiu ASSET, DDTOPDEP, LTOAST, DUMMY CAPAST, MKTDEP, MGROW, H ioi A u hioi lii lh bgi briku : 1 Rio A R A ug brgruh oiif rh kuug Jik ili R A ki crug 100 oooli k Ski ki iggi ujukk r oligooli bhk ili rio k ki uli bgi ruh bru uuk uk k rbu higg kuug ruh igk 2 Pg r M rk Shr ug brgruh oiif rh kuug Ski iggi ili MS ujukk ruh ki fii ci kl kooiy igk higg kuug olh ruh u 3 N Ir Mrgi NIM ug brgruh oiif rh kuug Ski iggi ili NIM k igk r b liih r bug i bug ij Akiby kuug ruh igk 4 C il Aqucy Rio CAR ug brgruh oiif rh kuug Ski iggi ili CAR ujukk igk kh ruh ki br higg ikk hr kki igk kuug 5 L o o Doi Rio LDR ug brgruh oiif rh kuug Ski r io kr iggi ili i LDR ujukk ihk kig ruh Pruh igk brhr uuk k ghil bug kr uu bgi hil, higg kik LDR broi uuk igk igk kuug

12 6 N o Prforig Lo NPL ug brgruh gif rh kuug Ski br ili NPL k ggbrk bry kr brlh higg hr rolh bug ij uru Akiby kuug ruh uru ik ui METODE P ENELITIAN V ribl Plii Plii ggu bgi, gk bgi i lii yiu R A R io A, MS M rk Shr, NIM N Ir Mrgi, CAR C il Aqucy Rio, LDR L o o Doi Rio, N o Prforig Lo NPL, O wr D fi Oriol Vribl P D l ru lii r uih lii, /lb ru ukur kirj rforc D R io A R A R io r lh gu ru lb blu jk Vribl lb ggu gu u Ju bgi roxy rukur r rucur Rio ili rio r ig- ig rh ol hilk olh luruh r iol Vribl ggu u r R A = ig- ig x 100% T ol M rk Shr MS Mrk r hr gu bgi roxy fiii ruh MS ru hil kr ig- ig iol Vribl ggu u r MS = kr ig- ig x 100% T ol N Ir Mrgi NIM NIM ujukk b k bgi ol kr r kr r liih bug i ihk kig bug ij D NIM lii rolh lor kug ig-

13 ig V ribl rkuul ggu u r C il Aqucy Rio CAR l Dirkori Pr Ioi, Ioi CAR ujukk rio kcuku ol bgi ikor kuli ol buh b k i i D C AR lii rolh lor kug ig- ig rkuul Dirkori Pr Ioi, Ioi Vribl ggu u r L o o Doi Rio LDR L DR ujukk rio kr rh ihk kig D lii rolh lor kug ig- ig u No Vribl Dirkori r Pr Pr forig Lo NPL NPL Ioi, rluk Ioi rii i Vribl lg uuk LDR rkuul ggu ghui ky rh kirj Olh kr iu, NPL lii ggu irolh ggu D uy Vribl D Vribl bok NPL Dirkori u r uy hu Pr vribl bluyd Ioi, gu NPL Ioi lii lii Vribl lh uy kor ilik rih Prro BPD bri ili 1 b chrk gk ilik w BUSN Dvi, BUSN No Dvi, C ur Aig bri ili 0 A u buk r lii bgi briku: = α 0 + α 1 RA+ α 2 MS+ α 3 NIM+ α4car+ α5ldr+ α6npl -1 + D i i D i : α 0 = ir r iol α 1 α6 = kofii rgri β 1 β2 = iffril irc coffici, br br i uri r iol = lb R A* = rio brrk M S* = rk h r brrk kr N IM = ir rgi C AR = cil qucy rio L DR = l o o oi rio 2 i 1 ir ubkor

14 NPL -1 = o rforig lo hu bluy D = uy ili 1 uuk ilik u uk ilik w i = julh uu = hu rih ili 0 R A* : bil kofii α1> 0 α2 = 0 k ukug hioi M S* : bil kofii α1 0 α > 0 k ukug hioi RE = 2 H ASIL PENELITIAN DAN PEMBAHASAN r D Dl glii hubug r rukur rilku rh kirj Ioi lkuk ggu Mo F ix Effc Mol FEM rolh olh ggu Microof Offic Excl 2007 o lh rbu ku ii ggu ofwr Eviw 6 Hil ii l lii lih Tbl 4 H il T bl 4 Rgri U hil I V ribl C offici S Error -S iic P rob K r g C , ,62-1, ,1065 T ik Sigifik R A 89389, ,79 2, ,0175 S igifik M S , ,79 6, ,0000 S igifik N IM 17137, ,404 2, ,0059 S igifik C AR 2251, ,527 1, ,2383 T ik Sigifik L DR -165, ,4042-0, ,8191 T ik Sigifik N PL -5898, ,870-1, ,2217 T ik Sigifik O WNER , ,42-1, ,1878 T ik Sigifik R- qur 0, F- iic 257,9924 ProbF- iic 0, Durbi-W o 2, S igifiki S ubr N 492 α = 5% : Ouu Eviw 6, Lir B D Vribl : Lb

15 U ji Aui Klik U uk ghui kh hil ii bl 4 uhi kriri B Lr U bi Eior BLUE k rlu lkuk uji ui klik, yki ulikoliri, h rokii, U ji Mulikoliri U uk uokorli guji iky ulikoliri gu o Kli Rul of T hub Mo K li Rul of Thub lih bl 5 b riku : Tbl 5 Nili R- qur Mo K li Rul of Thub V ribl D V ribl I R- qur L b R A, MS, NIM, CAR, LDR, NPL, Owr 0, R A M S MS, RA, R- qur u NIM, CAR, LDR, NPL, Owr 0, NIM, CAR, LDR, NPL, Owr 0, N IM RA, MS, CAR, LDR, NPL, Owr 0, C AR RA, MS, NIM, LDR, NPL, Owr 0, L DR RA, MS, NIM, CAR, NPL, Owr 0, N PL RA, MS, NIM, CAR, LDR, Owr 0, O wr R A, MS, NIM, CAR, LDR, N PL 0, Dri bl 5, khui bgi br R 2 2 rgri ril iliki ili lbih kcil R ol u Hl gikik ol rbu ik r ulikoliri ur higg ol ii U ji Hrokii P hrokii lii u Bruch-Pg-G ofry U ji, ik, uuk ghui lkuk kh ggu Uji ol r G ljr Uji hrokii ggu Uji G ljr ghilk ili - iik bgi br i ik igifik cr iik, igifik α=5% Hl ujukk ol ii ik r h rokii rf

16 U ji hrokii ghilk ili χ 2 hiug l ol ggu Uji Bruch-Pg-G ofry lbih kcil χ 2 bl Hl ujukk ii ik r hrokii H il guji hrokii ggu Uji Bruch-Pg-G ofry rbu lih Lir D U ji Auokorli Uuk ghui iky uokorli ol, G ljr Uji gu Bruch-Gofry Nili Ob* R- qur ru χ 2 h iug iliki ili lbih kcil ili χ 2 bl 9,500704< 125,9869 ik r Hl ujukk uokorli Hil guji r Lir E Uji ol U ji Siik Alii Rgri Pguji G oo of Fi R H il kofii i 2 rii jl ol ujukk br br Brrk khui ili kofii rii R 2 lh br 0, Hl b hw i gu ol u ku bl jl 4 brri br 78,86%, gk iy yiu br 21,14% jl olh l i lur ol P guji Kofii Rgri Scr Srk Uji F U ji F lkuk uuk lih gruh - i rh cr kluruh rk Uuk ghui bgi hil uji F- iik yki r rh lih ili robbili, jik ili robbili lbih kcil 5 u 0,005 k i cr kluruh brgruh igifik Hil uj i F lih bl 4 Brrk bl 4 rbu rolh ili robbili F- iik br 0,0000, ili rbu lbih kcil rf y gu yiu 0,05 α=0,5% Shigg iulk lig ki u v ribl i brgruh igifik rh P guji Kofii Rgri U ji lkuk uuk Scr Iviul Uji ujukk br juh i jl cr iviu Uji lkuk uuk guji kbr Ho hil l Kuu uuk ri u olk Ho rk iik r olh Hil uji lih bl 4 ili uji

17 igifik Brrk bl 4, ol, khui i ik u iliki ili i robbili - iik lbih br rf y gu α=0,5% Au i brgruh cr igifik yiu RA, MS, NIM Sgk i ik igifik brgruh yiu CAR, LDR, NPL Owr Irri D ri Pbh rolh lkuk golh ggu Fix Effc M ol FEM uuk glii hubug r rukur rilku rh kirj r Ioi Au gu ol lii yiu lb, gk i gu yiu Rio A RA, M rk Shr MS, N Ir Mrgi NIM, Cil Aqucy Rio CAR, L o o Doi Rio LDR, No Prforig Lo NPL, O wr Dri ujuh i gu, ig i igifik i ik igifik Vribl i igifik yiu r yiu RA, MS, CAR, LDR, NPL, Brrk hil NIM O wr rgri Sgk lir rgri brg bgi briku : brg i, k ik buk igifik ol Lb = , ,33 RA ,2 MS ,81 NIM ,110 CAR 165,8062 LDR 5898,290 NPL ,83 Owr + ε Pgruh lb R io A RA rh P lb Vribl Kofii r io RA uyi gruh oiif igifik rh RA br 89389,33 uyi ri i kik rio br u r k igk igk kuug br 89389,33, ui iilh 2007 g Hil rig c ri ribu ui k hyoh u kl rucur- rforc k rgug olh koii yiu SP hyoh Muru Gilbr H S, rukur igk r uu kuug rj bili k koiiy kuug hilk Ski kcil olh rj rolh ruh ki br Ku ki iggi rio kori lii roxy rio uu k ki iggi ul igk kuug bili rolh ru h

18 Pgruh M rk Shr MS rh Pr ofi lb Vribl rk hr MS uyi gruh oiif igifik rh lb Kofii MS br ,2 uyi ri i kik rk hr br u r k igk igk kuug br ,2, ui c ri ribu H il ukug k rliv fficicy RE Pk RE kk fiii lh orog igk 2007, kuug bili ik hubug r lbih igk iggi kori Muru Sirlock igk S, kuug bili Dg k li, kirj buh ruh g rgug rj fiiiy Jik buh ruh u igk rj fiiiy bgk r igy k igk ukur ruh rbu kilk kuugy iz r g ry rk hr Mk iu, igk kuug g r rk hr ru ci kl kooiy hil fiii Pgruh rh kik N Ir Mrgi NIM rh P lb Vribl kuug igk Ioi ir rgi NIM uyi gruh oiif igifik lb Kofii NIM br 17137,81 uyi ri i ir rgi br u r k igk igk br 17137,81 g ui c ri ribu Hil ui hioi wl ki iggi ili NIM k igk kuug - r - b k glk bug i r r ico, ru rolh ki i r bgi br br ili ghily ri N Ir Mrgi NIM k r ico br Mrgi Bug Brih ikor liih r bug i bb biy bug kr Br ili NIM rbu ur ikk u uruk bug i uu bug Pr kr Ioi ruk r iliki ili NIM riggi r gr-gr br kw AS EAN Sri rlih Grfik 1 Tbl 6

19 P rbg Mrgi Bug Grfik 1 Brih NIM Pr ASEAN Ioi Mlyi Filii Thil Vi Sigur S ubr: Ioi Ko, 2010 Tbl 6 P rbg Mrgi Bug Brih NIM Pr ASEAN T hu I oi M lyi F ilii T hil V i S igur ,02 2,95 6,01 3,45 3,10 3, ,99 3,17 6,01 3,36 3,12 2, ,13 3,17 4,41 3,09 3,38 2, ,89 3,03 3,92 3,41 3,43 1,79 S ubr: Ioi Ko, 2010 Brrk bl 6, rgi riggi kw ASEAN yiu r- r br bug brih r Ioi ru 6%, gk Sigur ru gr iliki rgi bug brih rkcil yiu r- r br 2,59% Tiggiy N IM r Ioi bi j hl oiif uu gif rgug uu g liiy Nili NIM iggi bi j hl oiif kr j y rik bgi r ivor bik ivor oik uu ivor ig r uuk givik y r ol bli h ruh iol Sgk hl gif iggiy ili NIM rbu yiu uruk i ivor uuk brivi kor riil, hl kr uku bug k r iggi higg ivi lgug Ioi crug brbiy lbih iggi bgk gr- gr liy

20 gruh P o Ri Aquy il C rh CAR P lb ribl V o Ri Aquy il C k i i oiif gruh uyi CAR rh igifik r b CAR Kofii lb ri uyi 2251,110 kik i o Ri Aquy il C igk igk k r u br uug k ui 2251,110 br ribu ri c k CAR iggi ki wl hioi ui Hil kuug igk igk CAR ol kcuku rio Kuli ruh kirj gruhi bru jgk ky r k buuh li k u jg ku w g l i g lkuk CAR kbij il h krcy igk CAR ili Tiggiy hr brgruh higg yrk kirj igk gruh P o Ri Doi o o L rh LDR P lb ribl V o Ri Doi o o L k i i gif gruh uyi LDR rh igifik lb wl hioi ui ik il H ki kuug igk igk LDR k iggi yrk ggli brr iri lbg lh Pr rkif Shigg biy llui yrk k kbli ylurk iul ku juh ukur bii rugiy uug k lkuk u ik bil li, k Dg kr ylurk rcri r k o ri oi o o l ik rbu k rolh li fkor u rkif ih rbu rkif Sli br lb olh r rolh lb uk g y uu kr ki llui rolh hy ik lb, rolh Uuk Lb NIM igk o r fiii llui ici ri riol o Ico B F i liu li r FBI f koii,, forig xchg l h u DPK urh rolh Ku kur liih ily forx igifik gruh iliki g y brri urh DPK lb bgi fu of o c h lbi lb igk higg urh o gir bug ily PK urh D Bbr LDR kliu ily, k, b - DPK obilii uk kr i rh, y u lb urh, igk gli gruh P Lo o Prforig N rh NPL P lb ribl V Lo Prforig o N ik grif gruh uyi NPL rh igifik r b NPL Kofii lb - ri uyi 5898,290

21 k i k i Lo Prforig o N igk uruk k r u br uug k br - ui 898,290, 5 ribu ri c brlh kr rio iggi ki wl hioi ui Hil kuug igk uruk k NPL ggbrk NPL Nili lih uuk ikor ru NPL li k u kh igk r k NPL igifiky Tik byr ggl broi u brlh r flukui, gli Ioi r NPL ili bbk k b - L NP ili k b - i lbihi oii br kr bik kurg y ly Mily 5% - iliki Prro Klook khuuy rih ilik 6,44%, 6,09% br yiu 2006 hu 2003 hu iggi NPL ili ruk rbu Prro klook k ruk hl k b - iol r rbr kr r g iliki k b gruh P ilik K r w O rh P lb kilik ribl V r w o igifik ik i gif gruh uyi rh h ri ilik iik cr gikik Hl lb bgi BPD BUMN k chr b h lbi ik bl k b bgk BUSN w - N BUS vi, D - Aig Cur, Dvi, o N lii il H Fruk Ah olh lkuk lii hil ri brjuul Turki 2007 y,kk A Efficicy Coiio, Cocrio, Po Th i Scor ig Turkih Th of biliy P - Prio ri C Brrk k rbu lii h lbi w ig br bgi hw b bl fii igk iliki ig Wluu rih oik bgk ghilk juru ig i oik bgk kcil lbih iggi lbih b l bukik ik iu, kr Olh oik bgk bili fiii r oiif hubug hw b r brig ku uk g kilik rukur S - rih ilik Ioi u u glk crug BPD BUMN bug brubr ghil ico b r hl, NIM brih bug rgi ili iggiy ilih - rih ilik w gk S - g br k b kr br lbih lb hilk j yiu bug li ghil rolh - j Ico B F k b iu, Sli - iliki ig khuuy w g hl rih, ilik bgk bik lbih kologi

22 brgruh rh ly brik olh - w higg igk ku ko u bh KE SIMPULAN k iul Brrk bh bgi briku : hil lii 1 P crik kirj rforc Ioi gruhi kligu lii, r rik gruhi olh rukur r roxy rio RA r olh fiii roxy rk Shr MS Hil jwb ruu lh lii k Srucur- Couc-P rforc r k Rliv Efficicy RE - ujukk koi r Ioi 2 Dri ujuh i, ig brgruh y rf 0,05 igifik rh Sgk CAR, LDR, NPL O wr i liy 3 Hubug r Rio A RA rh kofii br 89389,33 4 Hubug r kofii br Ariy lh jik ik yiu RA, brgruh MS, igifik NIM yiu lh hubug oiif RA ruh gli igk 1 r k ruh igk br 89389, ,2 Mrk Sh r MS rh lh hubug oiif Ariy lh jik MS ruh gli igk 1 r k ruh igk br ,2 5 Hubug r N Ir M rgi NIM rh lh hubug oiif g igk 17137,81 kofii 17137,81 br 1 r Ariy lh jik NIM ruh k ruh igk gli br ui Hil lii buk krb A bbr krb uli lii, r li : 1 K rb r, lii kug rkuul Dirkori Pr Ioi rolh lor klurk olh Ioi Nu - buuhk lii ry ik k ug rolh cr lgk, ublikik rbu byk koog lor

23 2 gk 82 brjulh hy lii gu Sl lii iu, kr Olh 130 kir Ioi luruh julh oul ggu biky rikuy b gr Ioi luruh i Ioi r wkili lbih hil irolh bgi bik uk bbr juk k rolh lii hil Dri uu or oori lku Ioi r, ruh lbih lii : yiu Ioi r uuk lii ju l 1 rh kr ki igk hru Ioi Pr hr Ioi r iu, Sli riil kor yrk bu rgi gurgi h bri g - y rgi ir g kr kry julh igk igi ii u r bil korkif rh biur iggi kr bug ih b li ii u 2 Ioi r rukur S rluk oligooli brif gr Ioi llui rih k gur r gw rilku ucul ik - u bh rugik h, ik rilku Io iu, Sli Ioi yrk orog ru i riil kor rkbg rh brkoribui lbih gr Ioi r bgi lh r fugi r k Pbgu Ag of Ag vlo D S iklh uh, b bgi - gjr kuug ori iol bgu jwb brggug uru i, hl Dl byk rky hiu rf igk rgk oil jwb ggug iliki 3 kug kirj kk hy lii P j ruh byk ug hl jy, ii lih lii higg kugy lor rh u rk lkuk iviu cr uu j ii lih biky ljuy y ikro Mily kro cr kiul bil bi ku g r, kr kuliif brif lii lkuk ly rvic gruhi ig cuku k ru kou u k bh

24 D AFTAR PUSTAKA Al- O bi, Abullh C orcil M 2008 Mrk Srucur Cocrio Prforc ig Iury of Ergig Mrk Euro Jourl of Ecooic, Fic Ariv Scic, ISSN i h A y, AF, A Gu, OF Abboglu 2007 Cocrio, Coiio, Efficicy Pbiliy of h Turkih ig Scor i h Po-Cri Prio ISS/EC B ul Hyi2006 Alii Sbili Pri Ug Sbili Hrg i Ioi Ti F kul Tik Diublikik Mgir Ilu Ekooi Ekooi, Uivri Diogoro, Srg Su Pbgu, B k Ioi 2004, Dirkori Pr Ioi , Jkr 2005, Dirkori Pr Ioi , Jkr 2006, Dirkori Pr Ioi , Jkr 2008, Dirkori Pr Ioi , Jkr 2009, Lor Pgw Pr 2009, Jkr Dokui Kliig g Dui Ekui Pr Thu 1, No20, G lobl Ifori Jkr Okobr 2009 Evoff, DD DL F orir Rvluio of h Sucur-Couc- Prforc Prg i ig Jourl of Ficil Srvic Rrch, 1: F iryh V ribl 2008 Moul Prkk Ekoorik Dr: Eii, Duy Aliki Eviw 40 Moul jik Aui Klik Workho Alii uuk Mhiw, Progr Mgir Ilu Ekooi Su Pbgu, Uivri Diogoro, Srg Al 2009 M oul Mol Rgri Pl D, Aliki Eviw 6 0 Moul jik Workho Al- Al Alii Ekooi, Lbororiu Su Kbij E kooi LSKE, Fkul Ekooi, Uivri Diogoro, Srg

25 Gujri, Dor 2008 Ekoorik Dr Jkr : Prbi Erlgg Kir 2004 Mj Pr Jkr : PT Rj Grfio Pr Nubrgr, Dori 1997 S rucur, P r No12 Uivri R oock Couc Prforc i ig Mrk Workig Nicholo, Wlr 2007 M ikrokooi Ir Alikiy, i kl J kr: Erlgg P rcoyo Bu Jiko 2000 Prg Srucur Couc A Prforc Vru H ioi Efiii: Mkh Yg Mcrik Iuri Pr Ioi? Jurl Ekooi Bii Ioi 2000, Vol15, No3, R ik S lvor, Prvi Sri 2007 Alii Pgruh Prkbg Skor Kug rh Volili Prkooi Ioi : Su Ku Thu Skrii T ik U ivri J kr: Diublikik Dock, Ilu Ekooi Diogoro, Srg PhD Prbi Erlgg Su Pbgu, Fkul 1995 Tori Sol-SolTori Mikrokooi, i Ekooi, ku S, Abu 2007 M rk Srucur, Couc Prforc: Evic Bglh ig Iury Jourl of Ai Ecooic fro h Sii, Sh 1996 A lii Srukurl Prfori Iuri Pr Ioi T i Tik Diublikik I iu Tkologi Bug Tufik, Ariyo 2004 P l Prig Uh Dl Iuri Pr Ioi Prb Fic & ig Jourl, Vol6, No2, Dbr 2004; Wig Whyu Wiro 2009 A lii Ekoorik Siik Eviw UPP STIM YKPN : Yogy kr