Jurnal Proaksi p-ISSN : 2089-127X Vol. No. 2 Juli – Desember 2020 e-ISSN : 2685-9750 Page 35 ANALISIS PENGARUH SUKU BUNGA TERHADAP KINERJA KEUANGAN DAN KINERJA SAHAM PERBANKAN DI INDONESIA Mokhammad Fadhil A 1 Noer Azam Achsani 2 Tanti Novianti 3 Sekolah Bisnis Institut Pertanian Bogor Email: adnanhasan.43@gmail.com Sekolah Bisnis Institut Pertanian Bogor Email: achsani@yahoo.com Sekolah Bisnis Institut Pertanian Bogor Email: tantinovianti@yahoo.com ABSTRACT The interest rate change policy is also considered by investors to influence the banking performance of financial performance and changes in stock prices. The policy of determining the benchmark interest rate is considered to be an important thing that can affect the banking sector, both in terms of financial performance and stock performance. This research was conducted in all three Banks Book and four Banks Book listed on the IDX by analyzing the Bank's annual financial statements as well as the trend of the movement of the company's stock performance from 2010 to 2018. Bank financial performance is an important factor that needs to be considered to improve stock performance . This is due to the processing results showing a significant influence besides the interest rate policy known to have a significant effect on the performance of bank shares. Keywords: Interest Rate, Banking Performance, Stock LATAR BELAKANG Pertumbuhan ekonomi merupakan hal penting yang terus dikejar dalam rangka menciptakan kestabilan dan keamanan negara. Indonesia yang merupakan negara berkembang terus berupaya untuk meningkatkan taraf hidup masyarakatnya melalui banyak aspek (Brigham dan Houston 2006). Kondisi pertumbuhan secara makro dapat dilihat melalui trend pertumbuhan konsumsi yang digambarkan dari Gross Domestic Product pada Gambar 1. Sumber : Bank Indonesia (2018) Gambar 1 Trend Gross Domestic Bruto Pemerintah mengamanatkan Bank Indonesia sebagai lembaga independen yang fokus untuk menjalankan kebijakan keuangan negara, salah satunya melalui kebijakan moneter yaitu penetapan suku bunga acuan di Indonesia. Gambaran mengenai suku bunga selama periode 2010 sampai dengan 2018 disajikan pada Gambar 2. Sumber : Data Bank Indonesia (2018) Gambar 2 Trend BI Rate 2010 2011 2012 2013 2014 2015 2016 2017 2018 GDP 6.2 6.2 6 5.6 5 4.9 5 5.1 5.17 4.5 5.5 6.5 Persentase 2010 2011 2012 2013 2014 2015 2016 2017 2018 BI Rate 6.5 6 5.75 7.5 7.75 7.5 6.5 4.25 6 4 6 8 Persentase BI rate