FAKTOR DETERMINAN MARJIN BUNGA BERSIH BANK PEMBANGUNAN DAERAH DI INDONESIA: SUATU STUDI DATA PANEL
Pamuji Gesang Raharjo
Program Pascasarjana Manajemen dan Bisnis Institut Pertanian Bogor
Jl. Raya Pajajaran, Bogor 16151 Jawa Barat
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Pamuji Gesang Raharjo: Telp. +62 251 831 3813; Fax. +62 251 831 8515
This paper analyzed the determinants of net interest margins of the regional development banks (BPD) in Indonesia. The empirical specification was focused on the reported net interest rate margin that was assumed to be a function of two sets variables namely bank internal variable and macro economic factor as the external variable. The sample used in this study consisted of eight regional developments banks during the first three months of 2008 until the fourth three months of 2012. The results of panel data analysis with fixed effect model showed that bank internal factors such as Return on Asset (ROA) and asset growth (LNSIZE) had a contribution to the hight of net interest margin of the regional development banks (BPD) in Indonesia. Furthermore, the market interest rate as a macroeconomic variable had a positive relationship with the net interest margin of the regional development banks.
Key words: commercial banks, net interest margin, panel data