Do Monetary Instruments Affect Conventional Bank Loans to MSMEs?

Dina Martia, Afriyanti Hasanah, Siti Liasari, Endah Purwanti, Kenneth Pinandhito

2021

Abstract

This research aimed to analyse the effect of SBI and BI 7 Days RR on the UMKM credit of conventional Banks in Indonesia in 2017-2019. The method used is a quantitative approach by applying multiple linear regression models. The research used statistical data obtained from the official website of the Financial Service Authority and Bank Indonesia’s interest rate from the official website of Bank of Indonesia. This research showed that in the 2017-2019 period, the Bank Indonesia Certificate (SBI) variable has no significant effect on MSMEs credit of conventional banks in Indonesia. Meanwhile, the BI 7 Days RR variable had a significant positive effect on UMKM credit of conventional banks in Indonesia in the 2017-2019 period. Simultaneously, the results showed significant effects between SBI and BI 7 Days RR variables on the MSMEs credit of conventional banks in Indonesia in 2017-2019. This research showed that the SBI and BI 7 Days RR variable significantly impacted conventional bank credit expansion to the MSMEs sector.

Paper Citation

in Harvard Style

Martia D., Hasanah A., Liasari S., Purwanti E. and Pinandhito K. (2021). Do Monetary Instruments Affect Conventional Bank Loans to MSMEs?. In Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS, ISBN 978-989-758-605-7, pages 58-63. DOI: 10.5220/0010921500003255

in Bibtex Style

@conference{icaess21,
author={Dina Martia and Afriyanti Hasanah and Siti Liasari and Endah Purwanti and Kenneth Pinandhito},
title={Do Monetary Instruments Affect Conventional Bank Loans to MSMEs?},
booktitle={Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,},
year={2021},
pages={58-63},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010921500003255},
isbn={978-989-758-605-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 3rd International Conference on Applied Economics and Social Science - Volume 1: ICAESS,
TI - Do Monetary Instruments Affect Conventional Bank Loans to MSMEs?
SN - 978-989-758-605-7
AU - Martia D.
AU - Hasanah A.
AU - Liasari S.
AU - Purwanti E.
AU - Pinandhito K.
PY - 2021
SP - 58
EP - 63
DO - 10.5220/0010921500003255