Studi Komparasi Kinerja Keuangan Bank Umum Konvensional Menjadi Bank Umum Syariah (Konversi) pada Pt Bank Riau Kepri Syariah (Perseroda) Tahun 2020 S/D 2024

Abstract

This study aims to compare the financial performance of PT Bank Riau Kepri before and after its conversion to PT Bank Riau Kepri Syariah (Perseroda), focusing on the years 2020 to 2024. The research utilizes descriptive comparative analysis with a quantitative approach. Financial ratio analysis is conducted using paired sample t-test and wilcoxon signed-rank test to determine whether significant differences occurred in the performance indicators. Results show significant differences in several ratios: Capital Adequacy Ratio (CAR), Cost to Income Ratio (CIR), Financing to Deposit Ratio (FDR), and Operational Expenses to Operating Income (BOPO) increased after the conversion. Meanwhile, Debt to Asset Ratio (DAR), Debt to Equity Ratio (DER), Return on Assets (ROA), Return on Equity (ROE), Net Interest Margin (NIM), and Non-Performing Financing (NPF) decreased. These findings indicate the financial transformation impact of conversion from conventional to Islamic banking.