Dampak Pinjaman Peer To Peer Terhadap Bank Perkreditan Rakyat

Harmadi Harmadi; Bambang Hadinugroho; Endang Suhari; Setyaningtyas Honggowati; Ria Esana; Alpha Liana Yuvita Rahma

doi:10.37479/jeej.v8i3.35096

Dampak Pinjaman Peer To Peer Terhadap Bank Perkreditan Rakyat

Harmadi Harmadi, Bambang Hadinugroho, Endang Suhari, Setyaningtyas Honggowati, Ria Esana, Alpha Liana Yuvita Rahma

Abstract

An interesting fact in Indonesia is that peer-to-peer lending is starting to decline, but their loan volume continues to grow. On the other hand, the number of rural banks (BPR) in Indonesia continues to decline. This study highlights these two phenomena and attempts to determine whether there is a correlation between them. This study aims to examine the extent to which peer-to-peer lending affects the performance of rural banks (BPR) in Indonesia. The sample size of 1,245 BPRs was selected for this study. Using a fixed effects regression model, it was found that the number of peer-to-peer lending loans only reduced BPR performance through return on assets alone. However, after the moderating variable of BPR efficiency was included, the effect of peer-to-peer lending also decreased BPR interest margins. Another interesting finding is that BPR size impacts BPR interest margins and non-performing loans, again showing efficiency. Furthermore, the role of the central bank, or BI, is significantly related to BPR interest margins. The existence of BPRs is inseparable from factors such as competition, efficiency, and central bank policy.

Keywords

Credit, Peer to Peer Lending, Rural Bank

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DOI: https://doi.org/10.37479/jeej.v8i3.35096