scholarly journals RISK MANAGEMENT IN THE PROVISION OF PEOPLE’S BUSINESS CREDIT AS IMPLEMENTATION OF PRUDENTIAL PRINCIPLES

2019 ◽  
Vol 4 (2) ◽  
pp. 194
Author(s):  
Hari Sutra Disemadi
Keyword(s):  
Risk Management ◽  
Human Resources ◽  
Financial Services ◽  
Commercial Banks ◽  
Financial Institution ◽  
Economic Conditions ◽  
The Public ◽  
Banking Risk

The bank is a financial institution that has an intermediary function that bridges the interests of parties who are excess funds (creditors) and those who need funds (debtors). Banks in channeling funds, among others, through the provision of credit to the public. However, loans issued by banks contain a lot of risk, one of them is People's Business Credit (KUR). Issues regarding the risks of granting credit above will be discussed in this study, which this study uses a normative juridical method using the statutory approach. This study shows the arrangements regarding risk management are regulated in PBI Number 11/25/PBI/2009 concerning the Application of Risk Management in Commercial Banks and in Regulation of the Financial Services Authority Number 18 / POJK.03 / 2016 Regarding the Implementation of Risk Management for Commercial Banks. The implementation of the prudential principle internally for a bank's Human Resources (HR) is to apply the Banking Risk Management Principles. Banking practices usually assess five aspects of debtors (the five C’s analysis), namely: character, capital, capacity, economic conditions and collateral.

scholarly journals PENYELESAIAN UTANG IMPOR, JU’ALAH DAN SERTIFIKAT BANK INDONESIA SYARIAH (SBIS) PERSPEKTIF FATWA DSN-MUI

2018 ◽  
Vol 2 (2) ◽  
pp. 217-225
Author(s):  
Khozainul Ulum
Keyword(s):  
Financial Institutions ◽  
Commercial Banks ◽  
Financial Institution ◽  
Letter Of Credit ◽  
The Public ◽  
Islamic Financial Institutions ◽  
Monetary Control ◽  
Debt Repayment ◽  
Level Of Risk

Sharia financial Institution is one of the economic supporters of Indonesia. It is evidenced by the number of Islamic financial institutions that have sprung up this year, both sharia bank and non-bank sharia financial institution. It accommodates the aspiration and need of the society. The public is given the widest opportunity to establish a bank based on sharia principles, including convert from commercial banks whose business activities are based on conventional patterns into sharia patterns. The more sharia financial institutions that emerge, the more products offered by Islamic financial institutions to customers with the level of risk that can be overcome. The writing aims to answer the formulation of problem of settlement of import debts, contract of ju’a>lah and Sharia Certificate of Bank Indonesia (SBIS) in perspective of DSN-MUI fatwa. The result of research shows that in the DSN-MUI fatwa, it is explained that the settlement of imported debt or we know as letter of credit (L/C) may use the kafa>lah contract by taking a fee. It is also explained that one of the forms of kafa>lah contract is kafa>lah bi al-ma>l which is the application of kafa>lah contract which guarantees the payment of goods or debt repayment. This guarantee may be provided by the sharia bank to its customers in return for a fee. For the settlement of import debt there are several contracts that can be used, namely the contract of h}iwa>lah bi al-ujrah, waka>lah bi al-ujrah, and kafa>lah bi al-ujrah The Sharia Certificate of Bank Indonesia which used to be wadi>’ah with Wadi>’ah Certificate of Bank Indonesia which is now changed with Sharia Certificate of Bank Indonesia uses ju’a>lah contract. In this contract, Bank Indonesia pays the repayment upon maturity of SBIS with the relevant sharia banking record having performed and achieving the objectives expected by Bank Indonesia. If the sharia banking concerned is not able to achieve the desired objectives or stipulated by Bank Indonesia in terms of monetary control based on sharia principles, the relevant sharia banking will not receive any compensation from Bank Indonesia.

scholarly journals Operational Risk Management under Basel II - The Case of An Binh Joint Stock Bank

2016 ◽  
Vol 19 (4) ◽  
pp. 108-126
Author(s):  
Trung Quoc Trinh ◽  
Thuy Thu Pham
Keyword(s):  
Risk Management ◽  
Financial Services ◽  
Commercial Banks ◽  
Banking System ◽  
Operational Risk ◽  
Business Environment ◽  
Basel Ii ◽  
Global Market ◽  
Local Market ◽  
Operational Risk Management

In order to enhance commercial banks’ safety in financial services, Basel Committee on Banking Supervision issued a framework on operational risk management under Basel II. In an ever riskier business environment, it is necessary for Vietnam’s commercial banks to increase their competencies in risk management, especially in operational risk management. This is to ensure a sustainable development for banks in the local market and in the global market as well. In recent years, Vietnam’s commercial banks have developed systems for operational risk management. Therefore, the performance assessment is of importance to improve and enlarge applications on operational risk management, from perceptions, corporate’s culture, procedures to other supportive measures on the field of risk management in Vietnam’s banking system.

scholarly journals ANALISIS MANAJEMEN RISIKO PEMBIAYAAN DAN PENGELOLAAN PRODUK PPR IB MASLAHAH DI BJB SYARIAH KCP. KUNINGAN

2021 ◽  
Vol 6 (2) ◽  
pp. 47-63
Author(s):  
Faiz Raka Alfarizi ◽  
Qiny Shonia Az Zahra
Keyword(s):  
Risk Management ◽  
Financial Services ◽  
Commercial Banks ◽  
Product Management ◽  
Human Needs ◽  
Business Units ◽  
Financing Risk ◽  
Basic Human Needs

Housing is one of the basic human needs. Meanwhile, in fact, from the data on the number of Sharia mortgage customers at Bank Jabar Syariah, namely the PPR IB Maslahah product for the 2017-2020 period, it fluctuated and tend to decrease. In addition, it needs a good financing risk management implemented by the company. The objective of this research is to find out how the risk management of financing and product management of PPR IB Maslahah Bank BJB Syariah KCP Kuningan. This study uses premier data from interviews conducted to several employees of Bank BJB Syariah KCP Kuningan, by triangulation technique. Meanshile, the results of this study are:1). The financing risk management carried out by Bank BJB Syariah is in accordance with the Financial Services Authority Regulation (POJK) Number 65 / POJK.03 / 2016 concerning the Implementation of Risk Management for Sharia Commercial Banks and Sharia Business Units as stated in article 3 in point c; 2) Management of PPR Products carried out by Bank BJB Syariah Kuningan has been implemented, however in fact they have limited authority from the headquarters.  .

scholarly journals Penyelesaian Utang Impor, Ju’alah Dan Sertifikat Bank Indonesia Syariah (SBIS) Perspektif Fatwa DSN-MUI

2018 ◽  
Vol 3 (1) ◽  
Author(s):  
Khozainul Ulum
Keyword(s):  
Financial Institutions ◽  
Commercial Banks ◽  
Financial Institution ◽  
Letter Of Credit ◽  
The Public ◽  
Islamic Financial Institutions ◽  
Monetary Control ◽  
Debt Repayment ◽  
Level Of Risk

Sharia financial Institution is one of the economic supporters of Indonesia. It is evidenced by the number of Islamic financial institutions that have sprung up this year, both sharia bank and non-bank sharia financial institution. It accommodates the aspiration and need of the society. The public is given the widest opportunity to establish a bank based on sharia principles, including convert from commercial banks whose business activities are based on conventional patterns into sharia patterns. The more sharia financial institutions that emerge, the more products offered by Islamic financial institutions to customers with the level of risk that can be overcome. The writing aims to answer the formulation of problem of settlement of import debts, contract of ju’a>lah and Sharia Certificate of Bank Indonesia (SBIS) in perspective of DSN-MUI fatwa. The result of research shows that in the DSN-MUI fatwa, it is explained that the settlement of imported debt or we know as letter of credit (L/C) may use the kafa>lah contract by taking a fee. It is also explained that one of the forms of kafa>lah contract is kafa>lah bi al-ma>l which is the application of kafa>lah contract which guarantees the payment of goods or debt repayment. This guarantee may be provided by the sharia bank to its customers in return for a fee. For the settlement of import debt there are several contracts that can be used, namely the contract of h}iwa>lah bi al-ujrah, waka>lah bi al-ujrah, and kafa>lah bi al-ujrah The Sharia Certificate of Bank Indonesia which used to be wadi>’ah with Wadi>’ah Certificate of Bank Indonesia which is now changed with Sharia Certificate of Bank Indonesia uses ju’a>lah contract. In this contract, Bank Indonesia pays the repayment upon maturity of SBIS with the relevant sharia banking record having performed and achieving the objectives expected by Bank Indonesia. If the sharia banking concerned is not able to achieve the desired objectives or stipulated by Bank Indonesia in terms of monetary control based on sharia principles, the relevant sharia banking will not receive any compensation from Bank Indonesia. Keywords: Import Debt Settlement, Ju’a>lah, Sharia Certificate, Bank Indonesia, DSN-MUI Fatwa

scholarly journals Risk Management in the Financial Services Sector—Applicability and Performance of VaR Models in Pakistan

2012 ◽  
Vol 51 (4II) ◽  
pp. 399-417 ◽  
Author(s):  
Syeda Rabab Mudakkar ◽  
Jamshed Y. Uppal
Keyword(s):  
Economic Growth ◽  
Risk Management ◽  
Financial Services ◽  
Value At Risk ◽  
Rare Events ◽  
Financial Institution ◽  
Market Risk ◽  
Extensive Literature ◽  
Services Sector ◽  
Financial Services Sector

Financial services sector has become a major driver of economic growth in the developing countries through innovation in response to the forces of globalisation and technology. Sound risk management practices by financial institution are critical to the stability of the institutions and to the sustainability of economic growth. Therefore, measurement of market risk is important to all market participants for devising risk management strategies. Value-at-Risk (VaR) is the most widely used measure of market risk, which is defined as the maximum possible loss to the value of financial assets with a given probability over a certain time horizon. However, the task of implementing the VaR approach still remains a challenge as the empirical return distributions are found to be fat tailed and skewed in contrast to the normal distribution as assumed in the theoretical models. An extensive literature in finance (e.g., Nassim Taleb’s The Black Swan) underscores the importance of rare events in asset pricing and portfolio choice. These rare events may materialise in the shape of a large positive or negative investment returns, a stock market crash, major defaults, or the collapse of risky asset prices.

scholarly journals Analysing Bangladeshi Consumers’ Satisfaction and Preferences of E-banking Services in Small to Mid-sized Enterprises (SMEs)

2018 ◽  
Vol 8 (2) ◽  
pp. 62-74
Author(s):  
Shakir Karim ◽  
Ergun Gide ◽  
Raj Sandu ◽  
Abdallah Al Tawara
Keyword(s):  
Financial Services ◽  
Commercial Banks ◽  
Banking Sector ◽  
Financial Institution ◽  
Journal Articles ◽  
Academic Journal ◽  
Goods And Services ◽  
Internet Telephone ◽  
Electronic Delivery ◽  
Electronic Channels

Abstract   The acceptance of Internet technologies has newly increased constant and rapidly in the era of information technology. It gives flexibilities to access E-banking systems on demand. Today E-banking is considered as the driver of any nation’s economy and it opens remarkable prospects all over the world. Basically, E-banking plays an ultimate character in supporting financial advancement of any country and provide financial services to the customers electronically. This Research analyses the satisfaction and preferences of E-banking in Bangladesh. It also discusses the success of E-banking in Small to Midsized Enterprise-SMEs of Bangladesh, the current E-banking infrastructure and future organisational plan about it. This Research mainly has used secondary research data and methods to provide a broad scenario of E-banking in Bangladesh, how to overcome the barriers in SMEs of Bangladesh for E-banking adoption. The Research is subject to academic journal articles, project reports, media articles, corporation based documents, Bangladesh Bank publication and other appropriate information. This Research also analyses the data collected from Bangladeshi government and non-government organisations and banking sector. It gathers answers from E-banking experts, IT educators, learners and academics as the respondents’ through interview on the basis of questionnaires which were prepared for this research purpose. Data were also collected by using interviews from Bangladesh E-banking based organizations that are offering their goods and services on electronic channels and professionals involved with E-banking related activities. The study found that E-banking is a platform where a customer performs online banking transaction without visiting a financial institution. E-banking is the influences of the future and it provides massive benefits to consumers regards to online transactions through internet, telephone and other electronic delivery channels. Bank in Bangladesh could use E-banking in order to gain economical advantage. At present, several Private Commercial Banks (PCBs) and Foreign Commercial Banks (FCBs) in Bangladesh offer online services and facilities within the branches of individual bank in the community. It is expected that banking can earn profit and offer better services to its customers by introducing E-banking facility more and more in Bangladesh. As an under developing country, Bangladesh is not fully known about E-banking sector in every area. As a result, this research also highlights the issues and factors related with E-banking e.g. cybercrime and try to discover the probable obstacles and prospects in Bangladesh to make an active solution of Bangladesh’s E-banking.

scholarly journals EFEKTIVITAS PELAKSANAAN PENGAWASAN OTORITAS JASA KEUANGAN TERHADAP PERBANKAN DI KOTA MAKASSAR

2021 ◽  
Vol 3 (2) ◽  
pp. 56-62
Author(s):  
Muhammad Saleh ◽  
Andi Muhammad Arfah Pattenreng ◽  
Abdul Haris Hamid
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Financial Institution ◽  
Free Form ◽  
The Public ◽  
Normative Approach

Otoritas Jasa Keuangan merupakan lembaga yang independen dan bebas dari campur tangan pihak lain, dibentuk dengan salah satu tujuan yaitu untuk mengawasi lembaga keuangan. Pengawasan OJK dilakukan agar lembaga keuangan yang diawasi tidak melakukan pelanggaran dan terus berkembang serta tidak merugikan masyarakat. Penelitian ini bertujuan untuk mengetahui pelaksanaan tugas pokok Otoritas Jasa Keuangan di Kota Makassar dalam pengawasan aktifitas perbankan, meliputi kelembagaan bank, kesehatan bank dan aspek kehati-hatian bank. Penelitian ini dilaksanakan di Kota Makassar pada Kantor Otoritas Jasa Keuangan Regional 6 Sulawesi Maluku Papua (SULAMPUA) Kota Makassar. Metode yang digunakan adalah pendekatan normatif empiris. Maksudnya pendekatan yang dilakukan untuk menganalisa tentang sejauh manakah suatu peraturan atau perundang-undangan atau hukum yang sedang berlaku secara efektif kepada publik mengenai peranan Otoritas Jasa Keuangan. Hasil penelitian ini menunjukkan bahwa pelaksanaan pengawasan oleh Otoritas Jasa Keuangan sangat penting dalam pengawasan aktivitas perbankan yang meliputi kegiatan usaha, tingkat kepatuhan, serta hal yang berdampak kepada masyarakat terkait krisis integritas sebuah lembaga keuangan. Financial Services Authority (OJK) is an independent institution and free form other parties’ interference, which was formed with one of the objectives of a joint financial institution. OJK supervision is carried out so that the supervised financial institutions do not commit violations and continue to develop as well as do not harm the public. This study aims to see the implementation of the main duties of the financial services authority in Makassar City in monitoring banking activities which include aspects of banking, bank health and banking prudence. This research was conducted in Makassar City at the Regional Financial Services Authority Office 6 Sulawesi Maluku Papua (SULAMPUA) Makassar City. The method used is empirical normative approach. This means that the approach is to analyze the extent to which a regulation or statute is appropriate and effective for the public regarding the roles of Financial Services Authority. The results showed that the implementation of supervision by the Financial Services Authority is very important in the supervision of banking activities, including business activities, the level of supervision, as well as matters that have an impact on society related to the integrity of a financial institution.

scholarly journals Analisis faktor eksternal yang dipertimbangkan masyarakat muslim pesisir Tuban untuk mengunakan layanan Bank Thithil

IQTISHODUNA ◽  
2019 ◽  
Vol 1 (1) ◽  
pp. 17-38
Author(s):  
Ahmad Syaifudin ◽  
Marlina Ekawaty
Keyword(s):  
Factor Analysis ◽  
Financial Services ◽  
External Factor ◽  
Brand Image ◽  
Financial Institution ◽  
External Factors ◽  
The Public ◽  
Muslim Society ◽  
Two Factors ◽  
Depth Interviews

Bank Thithil is an informal financial institution that offers high-interest loan services to the public. This study aims to determine the external factors considered by coastal Muslim society to use bank thithil financial services. The data were collected through survey with questionnaires and in-depth interviews with bank thithil customers at Bulu Meduro village, Tuban regency and analyzed by exploratory factor analysis methods. The results show that there are eight external factors that are considered by customers to use bank thithil services, namely: loan compensation and accessibility factors, customer parity and service, transaction time flexibility, ease of administration, brand image, location excellence, member advantage, and limited institutional coverage syariah finance. From the results of external factor analysis, then analyzed in depth using interviews with several customers, it was found that there were two factors that became a strong drawer for Muslim society to use bank thithil services, namely the prime service factor of bank thithil and barriers of syariah  financial institutions.

scholarly journals IMPACT ON COMPETITIVENESS OF VIETNAMESE COMMERCIAL BANKS: RESEARCH IN HO CHI MINH CITY

2020 ◽  
pp. 07-22 ◽  
Author(s):  
Tran Huu Ai ◽  
Tran Duc Tuan ◽  
Vinh Thanh Bui
Keyword(s):  
Human Resources ◽  
Financial Services ◽  
Commercial Banks ◽  
Development Strategies ◽  
Ho Chi Minh City ◽  
Executive Management ◽  
Factors Affecting ◽  
Management Capacity ◽  
The Impact

This study has been designed to identify the factors affecting the competitive competence of commercial banks and to rank the priority among these factors as applied to bank leaders’ planning and development strategies. According to the evaluation of managers, the impact of the factors affecting the competitive competence of commercial banks is gradually decreasing in the following order: Financial capacity, Quality of banking and financial services, Management capacity of executive management, Human resources, Technology capacity.

scholarly journals Pengungkapan Pendapatan Non Halal pada Laporan Keuangan Bank Umum Syariah

2021 ◽  
Vol 4 (1) ◽  
pp. 67
Author(s):  
Ria Anisatus Sholihah
Keyword(s):  
Financial Institutions ◽  
Commercial Banks ◽  
Research Method ◽  
Financial Institution ◽  
Financial Statements ◽  
Islamic Banks ◽  
Financial Reports ◽  
The Public ◽  
Descriptive Approach ◽  
Operational Activities

<p class="bdabstract">Islamic Bank as a type of Islamic financial institution has the authority to collect and distribute funds to the public. In carrying out its operational activities, Islamic Banks have transactions that can lead to non-halal income because Islamic Banks also make transactions with Conventional Financial Institutions. PSAK 101 has regulated the disclosure of no n-halal income as part of the Report on the Sources and Use of Virtue Fund. The purpose of this study is to determine the description and disclosure of non-halal income in the financial statements of Islamic Commercial Banks. This study uses a qualitative research method with a descriptive approach. The subjects of this study were 14 Islamic Commercial Banks operating nationally and publishing complete financial reports in 2019 on the official website of Islamic Commercial Banks. The results showed that non-halal income from 14 Islamic Commercial Banks have been disclosed in accordance with PSAK 101, namely the Report on the Sources and Use of Virtue Funds. However, not all banks disclose in detail the reasons for the occurrence and use of non-halal income in the Notes to Financial Statements.</p>

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