The Development Strategy for Preparing the Asean Economic Community of Small and Medium Enterprises (UMKM) to Get Business Credit in Kelurahan Medokan Ayu Surabaya

Cahyono, Krido Eko; Rofianto, Whony; Wahyuni, Dewi Urip

doi:10.6007/ijarbss/v11-i4/9335

Cited by 2 publications

(2 citation statements)

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“…A large number of bank customers have not been able to pay back their debts because they lost their jobs during the quarantine period (Hasan, 2020). Many IBs have thus faced various macroeconomic risks (Fakhrunnas et al, 2021) and huge withdrawals of funds by their depositors (Cahyono et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

The Impact of COVID-19 on the Performance of Islamic Banks in the MENA Region

El-Chaarani¹

2023

IJIF

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Purpose — This research explores the impact of COVID-19 on the financial return of Islamic banks (IBs) in nine countries located in the Middle East and North Africa (MENA) region. It also examines the determinants of IBs’ profitability during stable and uncertain periods, namely before and during the development of coronavirus. Design/Methodology/Approach — The financial data of this paper were collected from annual reports of IBs and the Orbis Bank Focus database over four years: 2018, 2019, 2020 and 2021. Descriptive statistics were used to examine the progress of IBs’ performance from 2018 to 2021. The t-test was employed in this research paper to compare the financial proxies of IBs, and the multiple regression model was used to assess the determinants of IBs’ performance before and during the development of coronavirus in MENA countries. Findings — The empirical findings show that IBs in MENA countries were dramatically influenced by the development of COVID-19. All financial proxies of IBs like financial return and liquidity experienced a sharp drop during the lockdown period. The empirical findings also indicate that the financial situation of IBs in 2021 became close to the pre-pandemic situation but was nonetheless below the banks’ performance prior to the pandemic period (2018-2019). Finally, the results show that the determinants of IBs’ return were not the same during stable and uncertain periods. During the COVID-19 period, credit risk, managerial efficiency and oil price were the significant determinants of IBs’ profitability. Before the development of COVID-19, besides the elements of credit risk, managerial efficiency and oil price, liquidity risk and bank size were also found to have an influence on IBs’ profitability. Originality/Value — The research offers new insights to top managers in IBs to increase the institutions’ financial return and mitigate the negative shock of crises by managing several factors such as credit risk and managerial efficiency.

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Section: Introductionmentioning

confidence: 99%

The Impact of COVID-19 on the Performance of Islamic Banks in the MENA Region

El-Chaarani¹

2023

IJIF

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“…Penambahan produk atau layanan baru dapat menjadi kunci untuk memperluas basis pelanggan dan mengurangi risiko ketergantungan pada satu jenis produk atau layanan (Pintasari, 2020). Dalam konteks ini, penting untuk mempertimbangkan tren pasar dan perubahan kebutuhan konsumen guna menyusun portofolio yang relevan (Cahyono et al, 2023).…”

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Strategi Usaha Mikro Pengolahan Salak dalam Meningkatkan Perekonomian Desa Wedi Kecamatan Kapas Kabupaten Bojonegoro

Setyaningtyas,

Dawud,

Djohar

2024

J. Ilm. Membangun Desa Pertanian

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The research focuses on the growth of snake fruit processing micro-businesses in Wedi Village, Kapas District, Bojonegoro Regency, aiming to develop sustainable strategies for their development. The success of these enterprises hinges on a comprehensive understanding of internal and external factors. The study analyzes the pivotal factors influencing the growth of salak processing micro-enterprises. It prioritizes development strategies, particularly emphasizing the interplay between product quality (an internal factor) and market demand (an external factor). Utilizing the Analytic Network Process (ANP) method via Super Decision Software, the research assesses development factors comprehensively. The pairwise comparison analysis highlights the priority of internal and external factors in influencing the growth of snake fruit processing micro-enterprises. The findings underscore the significant impact of external factors, exceptionally high market demand, which scored 0.52276, indicating its crucial role in driving microenterprise growth. Meanwhile, product quality, though scoring lower at 0.09885, remains a strategic focus for long-term sustainability. The WT strategy, involving strategic raw material procurement and price adjustments, emerged as the most effective alternative strategy with a score of 0.35614. This underscores companies' need to optimize procurement processes and adapt pricing strategies to capitalize on market demand fluctuations. The research contributes valuable insights into the dynamics of salak processing micro-enterprises at the local level. The formulated strategy guides micro-businesses, local governments, and research institutions to foster sectoral growth. By considering both internal and external factors, the strategy aims to impact regional economic development positively and sustainably. In conclusion, the research highlights the critical role of understanding internal and external dynamics in fostering the growth of snake fruit processing micro-enterprises. The strategy prioritizes leveraging market demand while maintaining product quality for sustained growth and economic development in the region.

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The Development Strategy for Preparing the Asean Economic Community of Small and Medium Enterprises (UMKM) to Get Business Credit in Kelurahan Medokan Ayu Surabaya

Cited by 2 publications

References 1 publication

The Impact of COVID-19 on the Performance of Islamic Banks in the MENA Region

The Impact of COVID-19 on the Performance of Islamic Banks in the MENA Region

Strategi Usaha Mikro Pengolahan Salak dalam Meningkatkan Perekonomian Desa Wedi Kecamatan Kapas Kabupaten Bojonegoro

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