Strategy Development of Macroeconomics on Performance Financial Banking
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 02
Abstract
Banking has a major contribution to the success of the country's economy, because of its role as part of the financial system which acts as an intermediary to facilitate economic activity. This research aims to analyze the influence of internal macroeconomic factors that can formulate strategies for developing banking financial performance, and how much influence these factors have on banking financial performance. The research design used is explanatory research. The object of research namely; Conventional banks and Islamic banks in Bitung City, North Sulawesi, Indonesia, were selected by purposive sampling. The research was carried out from August to October 2022. The data used in this study are secondary data obtained from; financial reports of selected banks. Inflation, Interest Rates, Composite Stock Price Index, Exchange Rates, and Gross Domestic Gross (GDP), Capital Adequacy Ratio (CAR), and Return on Assets (ROA). Inflation, Exchange Rate, Capital Adequacy Ratio (CAR), and Return on Assets (ROA). The enormity of the influence of the variables of macroeconomic conditions on banking financial performance is76.9%, while the remaining 23.1% is the influence of other variables outside this research.
Authors and Affiliations
Alfred Salindeho
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