Economics & Islamic Finance Journal
Vol. 2 No. 1 (2025): ECIF Journal April 2025

Government Bank & Regional Development Bank: A Sustainable Development Financing Synergy

Nandiwardhana, Aditya Pratama (Unknown)
Putra, Yananto Mihadi (Unknown)
Yuniarto, Hendy (Unknown)
Malima, Gabriel Clement (Unknown)



Article Info

Publish Date
28 Apr 2025

Abstract

Global warming and climate change caused by emissions are currently a priority concern for the world because they will have a direct and significant impact on the survival of all living things. As financial institutions that provide financing to the industrial sector, government banks and regional government banks financing can potentially develop the Indonesian economy while having a negative impact on emissions from industrial sector activities. By adopting the Vector Error Correction Model (VECM), this reserach reveals that government banks and regional government banks have a significant impact to the sustainable development index. However, in addition to the two types of banks only identified as short-term financing, the proportion of influence generated sequentially for government banks and local government banks are only 13% and 11%. Finally, the need for large funds and a long financing repayment period are significant aspects in building a more sustainable industrial and economic climate.

Copyrights © 2025






Journal Info

Abbrev

ecif

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Economics & Islamic Finance Journal (ECIF) is a peer-reviewed journal managed and published by BacaDulu Publisher which contains the results of research and thoughts from scholars in the fields of Economics & Islamic Finance both academics and practitioners, which presents the results of the latest ...