Comparative Analysis of the Health Level of State-owned Banks and Private Banks Using the RGEC (Risk Profile, Good Corporate Governance, Earnings, Capital) Method in 2019-2023

Anggita Nurhayati (Department of Management, Faculty of Economics and Business, University of Muhammadiyah Surabaya)
Didin Fatihudin (Department of Management, Faculty of Economics and Business, University of Muhammadiyah Surabaya)
Budi Wahyu Mahardika (Department of Management, Faculty of Economics and Business, University of Muhammadiyah Surabaya)
Nurullaili Maulidah (Department of Management, Faculty of Economics and Business, University of Muhammadiyah Surabaya)

International Conference on Economics, Management, Business, and Accounting
Vol 2 No 1 (2025): International Conference on Economics, Management, Business, and Accounting

This study compares the health levels of state-owned and private banks in Indonesia from 2019 to 2023 using a quantitative descriptive approach based on the RGEC method (Risk Profile, Good Corporate Governance, Earnings, and Capital). The indicators analyzed include Non-Performing Loan (NPL), Good Corporate Governance (GCG), Return on Assets (ROA), and Capital Adequacy Ratio (CAR). Data were collected from the financial reports of four state-owned banks (Mandiri, BRI, BNI, BTN) and four private banks (BCA, CIMB Niaga, Danamon, Permata) listed on the Indonesia Stock Exchange. Descriptive statistics and Independent Samples T-Test were used for analysis. Results show a significant difference in NPL (Sig. < 0.05), with private banks having lower NPLs, indicating better credit quality. However, GCG, ROA, and CAR show no significant differences (Sig. > 0.05), meaning both types of banks have similar performance in governance, profitability, and capital adequacy.