Opportunities and Challenges of Islamic Bank Mergers in Indonesia During a Pandemic

Eka Setiana Susanti

Abstract

The presence of COVID-19 in Indonesia has had an impact on the economy, including the banking industry. However, the Shariah banking industry has not shown a positive trend. However, despite the positive trend in Shariah banking business, the penetration rate of the Indonesian Islamic banking market is still relatively small compared with traditional banking business. This led the government to decide to formulate a merger policy for the state-owned Sharia Bank, hoping that it can increase Indonesia’s market penetration. Considering the important role of Shariah banking industry in improving the national economy, this article aims to analyze the opportunities and challenges of Shariah banking merger policy. On the other hand, this policy was implemented during the COVID-19 pandemic. This article uses qualitative data analysis through descriptive methods and literature research methods. The data analysis focuses on the opportunities and challenges of the Indonesian government's Shariah Bank merger policy. Researchers use secondary data as a source for writing articles. According to the research results, the Indonesian Islamic Bank (BSI) formed after the merger provides many opportunities, such as increasing assets, expanding market penetration, and operating cost efficiency. At the same time, financing and operational risks are two major challenges that need to be paid attention to. This research helps stakeholders make decisions in the development of Islamic banking and finance.

Keywords

Merger; Islamiic Bank; Pandemi

Full Text:

PDF

References

Alfi, Azizah Nur. 2020. “Aset Perbankan Syariah Tetap Bertumbuh Di Tengah Pandemi.” Https://Finansial.Bisnis.Com/Read/20200923/231/1295698/Aset-Perbankan-Syariah-Tetap-Bertumbuh-Di-Tengah-Pandemi. 2020.

Ayyubi, Salahuddin El, Lukytawati Anggraeni, and Almira Dyah Mahiswari. 2017. “Pengaruh Bank Syariah Terhadap Pertumbuhan Ekonomi Di Indonesia.” Al-Muzara’ah 5 (2): 88–106.

BRIS. 2020. “Laporan Tahunan Bank Rakyat Indonesia Syariah.” 2020.

Bryman, and Bell. 2003. Business Research Methods. Oxford University Press.

Goutama. 2020. “Kebijakan Bank Indonesia Dalam Upaya Stabilitas Rupiah Di Masa Pandemi.” Https://Yoursay.Suara.Com/News/2020/11/03/103719/Kebijakan-Bank-Indonesia-Dalam-Upaya-Stabilitas-Rupiah-Di-Masa-Pandemi?Page=all. 2020.

KNKS. 2019. “Kajian Konversi, Merger, Holding, Dan Pembentukan Bank BUMN Syariah. Komite Nasional Keuangan Syariah.” Https://Knks.Go.Id. 2019.

Lokadata.id. 2020. “Melihat pro Kontra Merger Bank Syariah BUMN.” Https://Finansial.Bisnis.Com/Read/20201013/231/1304453/Merger-Bank-Syariah-Bumn-Semua-Karyawan-Diangkut-Jadi-Keluarga-Besar. 2020.

Noegroho, Indriatmini. 2017. “Merger Merupakan Tantangan Atau Peluang Bagi Perekonomian Indonesia.” Jurnal Penelitian Ekonomi Dan Akuntansi (JPENSI) 2 (3): 12-Halaman.

OJK. 2020. “Peraturan Otoritas Jasa Keuangan Nomor 11/POJK.03/2020 Tentang Stimulus Perekonomian Nasional Sebagai Kebijakan Countercyclical Dampak Penyebaran Coronavirus Disease 2019 (POJK Stimulus Dampak COVID-19). Otoritas Jasa Keuangan (OJK).” Https://Ojk.Go.Id. 2020.

Prakoso, Ockto Dinar Alan, and Yahya Yahya. 2016. “Analisis Kinerja Keuangan Sebelum Dan Sesudah Merger Pada PT Bank Ocbc Nisp.” Jurnal Ilmu Dan Riset Manajemen (JIRM) 5 (6).

PS, Agus Prihartono. 2018. “Pengaturan Penggabungan Usaha (Merger) Bank Sebagai Upaya Peningkatan Kesehatan Bank Di Indonesia Dalam Pembangunan Hukum Ekonomi Nasional.” Aktualita: Jurnal Hukum 1 (1): 1–15.

Sipangkar, Yoshua Harbyanto, and Estro Dariatno Sihaloho. 2020. “Analisis Efisiensi Industri Perbankan Indonesia Setelah Merger Dan Akuisisi: Pendekatan Data Envelopment Analysis.” Jurnal Manajemen Maranatha 19 (2): 159–68.

Ubaidillah, Muhammad, and Rizqon Halal Syah Aji. 2020. “Tinjauan Atas Implementasi Perpanjangan Masa Angsuran Untuk Pembiayaan Di Bank Syariah Pada Situasi Pandemi Covid-19.” Islamic Banking: Jurnal Pemikiran Dan Pengembangan Perbankan Syariah 6 (1): 1–16.

Wiratmini, Ni Putu Eka. 2020. “Merger Bank Syariah BUMN, Semua Karyawan Diangkut Jadi Keluarga Besar.” Https://Finansial.Bisnis.Com/Read/20201013/231/1304453/Merger-Bank-Syariah-Bumn-Semua-Karyawan-Diangkut-Jadi-Keluarga-Besar. 2020.

Refbacks

  • There are currently no refbacks.