Kebijakan Moneter, Ukuran Bank, dan Pinjaman Bank: Studi Indonesia

Abstract

This study investigates empirically the existence of monetary policy proxied by official rate (BI’s rate) to realization of bank lending channels by conventional commercial banks in Indonesia between 2010 and 2013. The data used are monthly data of 88 conventional commercial banks, which are categorized into three bank size, (1) large bank, (2) medium bank, and (3) small bank. The model is estimated using static panel analysis. Moreover, this study categorized types of loans into four categories, (1) gross loans, (2) small and medium enterprise loans, (3) non-small and medium enterprise loans, and (4) property loans. The result showed that there isn’t existence of transmission monetary policy on bank lending channels in Indonesia. This study found the characteristics of conventional commercial banks such as assets and liquidity reacting bank lending channel differently in different bank size.