Ilomata International Journal of Management
P-ISSN: 2714-8971; E-ISSN: 2714-8963
Volume. 2 Issue 4 October 2021
Page No: 300-308
300 | Ilomata International Journal of Management https://www.ilomata.org/index.php/ijjm
Determinant of Net Interest Margin Banking in Indonesia
During The Period 2009 - 20018
Siti Mariam¹, Fika Aryani², Dhinda Siti Mustikasari
3
, Abdul Haeba Ramli
4
12
Institut Ilmu Sosial dan Manajemen STIAMI
3
Universitas Indonesia
4
Universitas Trisakti
Correspondent: siti.mariam@stiami.ac.id
Received : July 28, 2021
Accepted : August 25,2021
Published : October 31, 2021
Citation: Mariam, S., Aryani, F.,
Mustikasari, D.S., Ramli, A.H. (2021). The
Impact of COVID-19: Become New
Entrepreneurs with Online
Business. Ilomata International Journal of
Management, 2(4), 300-308.
https://doi.org/10.52728/ijjm.v2i4.385
ABSTRACT: The purpose of this study is to examine the
effect of Loan Growth, Unemployement, BOPO, CAR,
Inflation, and Exchange Rate in relationship with Net
Interest Margin. The research object used is banking data
BUKU I to BUKU IV 2009-2018 published by Financial
Service Authority, known as OJK. The analysis technique
used is panel data regression analysis with Eviews 9.0
analysis tool. The results showed that the variables which
consist of Loan Growth, and Unemployement had
significant positive effect on Net Interest Margin. Other
independent variables, which consist of BOPO, and
Exchange Rate had significant negative effect on Net
Interest Margin. While CAR and Inflation do not show
significant impact to Net Interest Margin.
Keywords: Loan Growth, Unemployement, BOPO, CAR,
Inflation, Exchange Rate, Net Interest Margin
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Copyright: © 2021 by the authors. Licensee
Ilomata International Journal, Indonesia. This
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INTRODUCTION
Banking is one of the main bases for economic growth and financial stability in a country. The
banking function as a financial institution is expected to become a driver of the economy for
Indonesia. In carrying out its function as an intermediary, banking business activities, namely
receiving and safeguarding funds owned by individuals and other entities, and then lending these
funds to conduct economic activities. When carrying out its intermediary function, banks have a
correlation with economic growth. When increasing the amount of credit affects the increase in
economic growth in a country and vice versa. With the activity of channeling funds, the net interest
margin, which is the ratio in banks, is so important that it needs to be considered in order to realize
quality bank management (Adam et al., 2021; Mara et al., 2021).
NIM is a tool that has the function of knowing banking profits and lending activities for a
certain period of time. The NIM ratio is a measure in analyzing the difference in net interest
income or interest margin compared to earning assets or interest profitability (Blöchlinger,
2021; Saksonova, 2014). Bank profitability provides an indication of health and stability for
banking institutions (Sanderson, 2018). The increasing net interest margin ratio means that
bank management is getting better and reflects that the bank is well managed. A high NIM
value means that high-interest income from productive assets in the company, then high-