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Journal : Research Horizon

The Influence of Macroeconomics on Credit Risk with Bank Size as a Moderating Variable Fariabi, Muhammad Rofi; Riharjo, Ikhsan Budi
Research Horizon Vol. 6 No. 1 (2026): Research Horizon - February 2026
Publisher : LifeSciFi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54518/rh.6.1.2026.1028

Abstract

This study is motivated by the vulnerability of regional development banks to credit risk amid macroeconomic fluctuations and the inconsistency of previous research findings. The aims of this study is to analyze the effects of inflation, gross domestic product, exchange rates, and the policy interest rate on credit risk, as well as the moderating role of bank size in 27 regional development banks in Indonesia during the 2020–2024 period. The study employs a causal quantitative approach using a saturated sampling technique (524 observations) and Moderated Regression Analysis. The results show that inflation, gross domestic product, and the policy interest rate have a positive and significant effect on credit risk, while the exchange rate has a negative and significant effect. Bank size is proven to moderate all macroeconomic variables by weakening the effects of inflation, gross domestic product, and the policy interest rate, while strengthening the effect of exchange rates on credit risk. These findings imply that strengthening bank assets and size is a crucial factor in enhancing the resilience of regional development banks in facing economic pressures to maintain credit quality stability.
Co-Authors Adirianto, Moh. Afandi, Cicanthika Dyah Fitria Agustina, Gita Putri Ali Djamhuri Anggraeni, Gresi Ayu Anggraini, Nikma Ragil Ansori, Achmad Fawaid Antok Noven Downida, Antok Noven Aprianti, Eka Ratna Ashrawiyadi, Irshani Asokawati, Ardiana Nungky Bagus Sudjatmiko, Bagus Bambang Mahargiono, Pontjo Binti Nur Habibah, Binti Nur David Efendi David Efendi Dewi Kusmaya Sari Dewi Maharani, Ni Putu Dharmawan Supono Hadi Saputro Diah Febriana, Diah Dian Arini Djawoto Elisa Eka Prastiwi, Elisa Eka Engson Qinaris Jaladri, Engson Qinaris Ernawati Ernawati Evita Dian Kurniasih Fance Indriyanto, Asy’arie Farah Wahyu Fauzia, Farah Wahyu Fariabi, Muhammad Rofi Febronia Hersi Batul Fidiana, Fidiana fikhy Rahdian Johansyah, fikhy Rahdian Hadi, Agilia Fitria Heriska Sri Kresna Hermanto, Suwardi Bambang Hidayat, Taufik Wahyu Isnadi Isnadi Jannah, Ely Uzlifatil Khuzaini Kumalasari, Deti KURNIA KURNIA, KURNIA Kurniat, Kurniat Lilis Ardini Lilis, Ardini Mandasari, Erly Putri Mega Maranda Suwandi Mega Maranda Suwandi, Mega Maranda Merizal Nuzana, Merizal Mildawati, Titik Nada, Syaza Lifia Nauw, Ester Trivona Ni Putu Dewi Maharani Novianto Eko Nugroho Nur Fadjrih Asyik Nur handayani Nur Laily Nurviasari, Rizki Nurzen, Miardi Permadi, Bagus Permana, Dhimas Angga Pontjo Bambang Mahargiono Prijati, Prijati Priyadi, Maswar Patuh Putri Aunillah Wardhani, Putri Aunillah Putri, Wulan Suci Ika Rohmatulloh, Lailatun Rosidah, Nofi Ruminingsih Ruminingsih Safitri, Friska Dian Santoso, Rizky Darmawan Sidharta, R. Yudi Silfyana Cahya Manggar Mahdita Siti Fatimatul Zuhria, Siti Fatimatul Sukma, Indra Puji Syahrenny, Nenny Thadeus Fransesco Quelmo Patty tri yonowati Triyonowati, Triyonowati Tunya, Maria Grasella Veronika Rasdiana Toja Weda Ayu Margareta, Weda Ayu Wibisono, Seto Wimba Respatia Windasari, Okta Wulandari, Diana Eka Yuliana, Rissa Yulindasari, Eka Pungky Yuly Indah Setiyawati, Yuly Indah