Efisiensi bank pembiayaan rakyat syariah (BPRS) di Indonesia periode tahun 2011-2013

Abstract

Efficiency is one of the parameters to measure the performance of financial institutions, including the Islamic Rural Bank (BPRS) in managing operational input and producing output. This study aims to identify the efficiency of BPRS in Indonesia by using stochastic frontier approach (SFA) with alternative profit efficiency concept. Alternative profit efficiency concept assumes that market type of Islamic rural bank is imperfect market and there is effect of differences in operational locations. This study measures the efficiensy level of 33 BPRS in 2011-2013. The results show that average value of efficiency is low. The average value of efficiency of BPRS from 2011-2013 is 0.331, with the highest value is 0.939 and the lowest value is 0.008. Location factor has negative effect on profit of BPRS in the location that has relatively high income per capita and has positive effect on profit of BPRS in the location that has lower income per capita.