<![CDATA[During the Covid-19 pandemic, all industrial sectors including banking experienced a slowdown. Therefore, this article aims to analyze the key financial indicators of Conventional Rural Bank (CRB) and Islamic Rural Bank (IRB) during the Covid-19 pandemic. The key financial indicators include Capital Adequacy Ratio (CAR), Return on Asset (ROA), Operating Expense Ratio (OER), NonPerforming Loan/Finance (NPL/NPF), and Loan/Finance Deposit Ratio (LDR/FDR). The method used in this research is comparative descriptive statistics with the observation period of January 2019 to December 2020. Based on the results of the study, during the Covid19 pandemic, the OER ratio in CRB and IRB also decreased due to a slowdown in operating income which was contracted due to the Covid-19 pandemic. Both CBR and SBR experienced an increase in credit/financing risk and non-performing loan/financing (NPL/NPF) during the Covid-19 pandemic. As well as the LDR ratio in the CRB and FDR in the IRB has decreased its ability to meet the demand for credit/financing by using total assets owned. The performance of CRB from the aspect of capital adequacy (CAR) is better than IRB. However, IRB has better the effectiveness of using its assets to generate income which is shown in the ROA ratio that higher than CRB. IRB can be more resilient to crises because it can adapt to situations and is more flexible. Islamic finance does not recognize interest, so it can survive interest rates that fluctuate.]]>
