Accounting Analysis Journal 9(1) (2020) 38-45
Accounting Analysis Journal
https://journal.unnes.ac.id/sju/index.php/aaj
p-ISSN 2252-6765 e-ISSN 2502-6216
Factors Affecting Non-Performing Financing
at Islamic Commercial Banks in Indonesia
Ayu Retnowati*
1
and Prabowo Yudo Jayanto
2
1,2
Accounting Department, Faculty of Economics, Universitas Negeri Semarang
ARTICLE INFO ABSTRACT
Article History:
Received January 18
th
, 2018
Accepted March 3
th
, 2020
Available March 30
th
, 2020
This study aims to determine the effect of Inflation, Gross Domestic Product (GDP),
Operational Income Operating Cost (BOPO), Financing to Deposit Ratio (FDR) and
Capital Adequacy Ratio (CAR) to Non Performing Financing (NPF). The population
in this study were 13 Islamic Commercial Bank in Indonesia in year 2012-2015. The
sample selection used purposive sampling technique which resulted in 9 banks and the
analysis units were 36. Data collection method used in this research was documenta-
tion. Data analysis method used was Structural Equation Modeling (SEM) with Partial
Least Square (PLS) with SmartPLS 3.0 analysis tool. The results show that the infla-
tion, GDP, and FDR variables do not significantly influence NPF. BOPO variable has
a positive and significant influence to NPF. CAR variable has a negative and significant
influence to NPF. The conclusion shows that the inflation, GDP, and FDR variables do
not significantly influence NPF. Variables of BOPO and CAR have significant influence
to NPF.
Keywords:
capital adequacy ratio;
financing to deposit ratio;
gross domestic product;
inflation; non performing
financing; operational income
operating cost
INTRODUCTION
Financing is a form of distribution of funds pro-
vided by Islamic banks to the public who need funds.
Asrori (2014) stated Islamic banks are Islamic financial
institutions, which were founded based on belief in Is-
lamic teachings and adherence to Islamic principles. In
financing at Islamic commercial banks, there is a risk of
financing, namely non-performing financing. Non Per-
forming Financing is a non-performing financing indi-
cator that needs to be considered because it is fluctuating
and uncertain, so it is important to observe with special
attention. NPF is one of the performance assessment
instruments of an Islamic bank which is an interpreta-
tion of the assessment of productive assets, especially
in the assessment of non-performing financing (Popita,
2013).
Non Performing Financing shows the ability of
bank management to manage non-performing financing
provided by banks. The higher this ratio, the worse the
quality of bank loans which causes increased problem
loans (Yulianto & Solikhah, 2016). Non-performing Fi-
nancing (NPF) financing consists of Substandard (KL),
Loss (M) and Doubtful (D) financing.
High financing growth is also accompanied by
deteriorating financing quality, which can be seen from
the higher NPF in Islamic banks than NPLs in conven-
tional banks. Quoted from the okezone.com news page
(2017) that the Financial Services Authority (OJK) sta-
tes if the financing ratio is the ratio of Non Performing
Finance / NPF) from Islamic banks is still relative higher
compared to conventional banks’ Non-Performance Lo-
ans (NPLs). Noted, from the fourth quarter of 2016 to
October 2017 the NPF value of Islamic banks was at
4.12%. This figure far exceeds the conventional bank
NPL of 2.96%. This can be seen in the following table:
Table1. Comparison of NPF in Islamic Commercial
Banks and Conventional Bank
Years
Islamic Bank
NPF (%)
Conventional Bank
NPL (%)
2012 2.22 1.87
2013 2.62 1.80
2014 4.95 2.04
2015 4.84 2.39
2016 4.12 2.96
2017 (Oct) 4.12 2.96
Source : OJK www.ojk.go.id), 2017
* E-mail: aretnowati33@gmail.com
Address: L2 Building 2nd floor, Campus Sekaran, Gunungpati,
Semarang, Indonesia, 50229
DOI 10.15294/aaj.v9i1.20778
© 2020 Published by UNNES. This is an open access
article under the CC BY license (http://creativecommons.org/licenses/by/4.0/)