PENGARUH GIRO WAJIB MINIMUM (GWM), SUKU BUNGA DEPOSITO BERJANGKA, DANA PIHAK KETIGA (DPK) DAN COST OF LOANABLE FUNDS TERHADAP BASE LENDING RATE (BLR) (Studi Pada Bank Swasta Nasional dan Bank Persero yang Terdaftar di Bursa Efek Indonesia Periode 2010-2014)
ABSTRACT: Base lending rate is
the implementation process of the management of bank funding. In banking
industry which more competitive, banks are required to offer a low base lending
rate. On the other hand, the banks had no motivation to maximize revenue. This
study is aimed to analyze the effect of reserve requirements, deposit interest
rates, third partyfunds and cost of loanable funds to the base lending rate. The
samples used in this study are 14 private national banks and state-owned banks
listed on the Indonesia Stock Exchange in 2010-2014. The method of this
research is usingmultiple regression model with IBM SPSS Statistics 22 program
to analyze the effect ofindependent variables to the dependent variable. The
result shows that the deposit interest rate and the cost of the loanable funds
havepositive and significant effect to the base lending rate. However, reserve
requirementsand third party funds does not affect to base lending rate. These
results proved that high interest rates on time deposits are the bank's
strategy to increase market share of timedeposits which is bank's largest
sources of funding and the component that has thebiggest influence on BLR is
COLF amounted to 33.79% of the components that formBLR.
Keywords: Base Lending Rate,
Reserve Requirements, Deposit Interest Rate, Third Party Funds and Cost of
Loanable Funds
Penulis: Hashifah Nabilah,
Wisnu Mawardi
Kode Jurnal: jpmanajemendd161380
