FINANCIAL PERFORMANCE OF VILLAGE CREDIT INSTITUTION ON COVID-19 OUTBREAK IN BALI INDONESIA

  • Putu Kepramareni , Ida Ayu Nyoman Yuliastuti , Ni Nyoman Ayu Swandewi

Abstract

: The purpose of this study was to determine the financial performance of LPDs in the Badung Regency of Bali Indonesia during the face of the Covid-19 pandemic. The background of this study is due to the financial performance of the LPD as a credit institution in indigenous villages that experienced a decline during the co-19 pandemic. This research was conducted in Badung Regency because the number of LPDs in Badung Regency was more than in other regencies in Bali. The sampling technique was purposive sampling and 92 samples were generated from a population of 122 during January, February, March 2020. The results showed that the financial performance of LPDs in Badung Regency was significantly influenced by the level of capital adequacy and COR during the co-19 pandemic. While the cash turnover and accounts receivable turnover did not affect the financial performance of the LPD during the Covid-19 epidemic. Capital Adequacy will affect performance because it is related to LPD operations during Covid-19. Operational costs will always be incurred even though cash income is not received. Thus the LPD performance is influenced by sufficient capital and operational cost efficiency.

Published
2020-06-04