Dinasti International Journal of Education Management and Social Science
Vol. 2 No. 6 (2021): Dinasti International Journal of Education Management and Social Science (Augus

ANALYSIS OF COV-19 IMPACT ON FINANCIAL PERFORMANCE AT PT. INDONESIAN PEOPLE'S BANK (PERSERO) TBK AND PT. BANK CENTRAL ASIA, TBK FOR 2016-2020 USING ECONOMIC VALUE ADDED (EVA) AND MARKET VALUE ADDED (MVA) METHODS

Segoro, Waseso (Unknown)
Agustina, Ria (Unknown)



Article Info

Publish Date
30 Sep 2021

Abstract

COVID-19 has a negative impact on economic activity, one of which affects the financial performance of banks. Where the net profit of each bank decreased and the bank had to restructure credit to its debtors. The purpose of this study was to determine the impact of CoV-19 on the financial performance of PT. Bank Rakyat Indonesia (Persero), Tbk, and PT. Bank Central Asia, Tbk using Economic Value Added (EVA) and Market Value Added (MVA) methods. In this study, the type of data used was secondary data. The analytical method used is descriptive method of data collected and then compiled and analyzed. The results showed that the EVA value at PT. Bank Rakyat Indonesia (Persero), Tbk experienced fluctuations, although EVA is not stable, this company still produces an EVA value > 0 or positive value., and for MVA it increased in 2016-2019 but in 2020 it decreased, even so the MVA value> 0 or positive. While at PT. Bank Central Asia, Tbk EVA value has increased every year so that the value of EVA> 0, and for the value of MVA has increased every year with the resulting value of MVA> 0.

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Journal Info

Abbrev

DIJEMSS

Publisher

Subject

Education

Description

Dinasti International Journal of Education Management and Social Science (DIJEMSS) is the scientific journal of educational and social science research published since 2019 by Dinasti Publisher. Dinasti International Journal of Education Management and Social Science (DIJEMSS) articles which ...