Journal of Banks and Financial Institutions
Aim Contributions in quantitative finance, mathematical finance, real estate finance, law finance, accounting, International trade, financing and investments, and related cash and credit transactions, have grown at an extremely rapid pace in recent years. The international monetary system has continued to evolve to accommodate the need for foreign-currency-denominated transactions and in the process has provided opportunities for its ongoing observation and study. Therefore, journal Bank and Financial Institutions over to who have manuscripts focused on finance, banking, financial institutions, and financial technology. Only articles with contributions will be published. Scope Banking issue Scopes related to: Banking Efficiency; Banking Regulation; Bank Solvency and Capital Structure; Bank Management (HRM Banking, Bank Marketing, Bank Operations); Bank Fund Management; Credit; Bank CSR; Financial Stability; e-Banking; Foreign Exchange Management, Investment Banking; International Banking; Islamic Banking; Bank Liquidity Management; Monetary and Fiscal Policy Decision Making; Online Banking; Banking for Retail; Banking for MSMEs. Finance issue Scopes related to: Financial Accounting and Reporting; Investment Alternatives; Asset Valuation; Behavioral Finance; Corporate Finance; Corporate Governance and Ethics; Hedging and Derivative Finance; Empirical Finance; Financial Accounting; Financial Economics; Financial Engineering; Financial Forecasting; Financial Literacy; Financial Risk Management and Analysis; Financial Technology; International Finance; Portfolio Optimization and Trading; Regulation of Financial Markets and Institutions; Rural Finance; Stochastic Models for Asset and Instrument Pricing; Systemic Risk; Taxation. Risk management issue Scopes related to: Risk management, Market risk, Financial risk, Credit risk, Operational risk, Portfolio strategy and management, Risk modelling, Liquidity risk, Stress testing, Commercial lending, Compliance and auditing, Quantitative risk, Interest rate risk, Trading risk, Treasury and finance; as well as, Risk analysts and economists, Central bankers and financial regulators, Risk consultants and service providers Financial markets issue Scopes related to: International financial markets, International securities markets, Foreign exchange markets, Eurocurrency markets, International syndications, Term structures of Eurocurrency rates, Determination of exchange rates, Information, speculation, and parity, Forward rates and swaps, International payment mechanisms, International commercial banking, International investment banking, Central bank intervention, International monetary systems.
Articles
12 Documents
<![CDATA[Evaluating PT Unilever Indonesia Financial Performance amid Consumer Boycotts Using the DuPont Model ]]>
<![CDATA[Arifah, Aida Nur]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 2 No 1 (2026) ]]>
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DOI: 10.70764/gdpu-jbfi.2026.2(1)-1
<![CDATA[Objective: This study analyzes the financial performance of PT Unilever for the 2021–2023 period in response to of the impact of the Boycott, Divestment, and Sanctions (BDS) movement arising from the Israel–Palestine conflict, using the DuPont System method. Research Design & Methods: This study adopts a quantitative descriptive approach using secondary data derived from the company’s financial statements, including balance sheets and income statements. The analysis employs the DuPont System, consisting of Net Profit Margin (NPM), Total Asset Turnover (TATO), and Return on Investment (ROI), to evaluate financial performance comprehensively. Findings: The results indicate that PT Unilever’s financial performance fluctuated over the observed period, improving in 2022 but declining significantly in 2023. This deterioration is reflected in decreasing NPM, TATO, and ROI values, suggesting reduced operational efficiency and profitability. Contributions: This study contributes to the literature on financial performance analysis using the Du Pont System and offers an additional perspective on the impact of external factors, specifically, consumer boycott movements on the performance of multinational companies. Novelty: The novelty of this study lies in integrating financial performance analysis with a global socio-political phenomenon, namely the BDS movement, which has rarely been explored in corporate finance studies in Indonesia]]>
<![CDATA[Banking and Fintech in the Digital Financial Ecosystem for the Unbankable Population ]]>
<![CDATA[Ashari]]>;
<![CDATA[Dewantoko, Tri Andi]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 1 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(1)-02
<![CDATA[Objective: This research aims to analyze the role of banking and fintech in building an inclusive digital financial ecosystem for the unbankable. The main focus of the research is to identify challenges, opportunities, and optimal strategies in increasing access to financial services for segments of society that have not been reached by conventional banking. Research Design & Methods: This study employs a systematic literature review to synthesize existing research in the financial sector, ensuring methodological rigor and transparency while identifying key issues, research gaps, and areas for further exploration. Findings: The findings reveal that digitalization has significantly changed banking operations, requiring banks to enhance their technological capabilities and regulatory compliance. Fintech plays a crucial role in driving financial sector transformation by expanding access to financial services, especially for the unbanked population. However, cybersecurity risks and data privacy concerns remain key challenges. The success of digital banking transformation depends on technological adaptation, regulatory frameworks, and consumer trust. Implications & Recommendations: To create an inclusive and sustainable digital financial ecosystem, synergy between banks, fintechs, regulators, and communities is needed. Strategies include improving financial literacy, strengthening digital infrastructure, and developing regulations that support innovation without ignoring consumer protection. Contribution & Value Added: This study contributes by highlighting the synergistic role of banking and fintech in accelerating financial inclusion for the unbankable. It also offers strategic insights for stakeholders in designing more inclusive and sustainable digital finance policies and innovations.]]>
<![CDATA[The Impact of Microfinance Institutions on Economic Growth A Literature Study in Indonesia ]]>
<![CDATA[Sari, Yuli Indah]]>;
<![CDATA[Chofifah, Diah Ismi]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 1 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(1)-05
<![CDATA[Objective: This study aims to analyze the impact of Microfinance Institutions (MFI) on economic growth and financial inclusion in Indonesia. It explores how LKM supports Micro, Small, and Medium Enterprises (MSMEs) and low-income communities by providing accessible financing and financial literacy programs. Research Design & Methods: This study uses a qualitative method with a literature approach, which synthesizes existing studies on the role of MFIs in economic development. Relevant literature from peer-reviewed journals, government reports, and institutional studies are analyzed to identify key trends, challenges, and policy recommendations. Findings: The findings indicate that MFIs contribute significantly to MSME growth, job creation, and overall economic expansion by facilitating access to affordable credit and business support services. MFIs play a critical role in enhancing financial inclusion, especially in rural areas where formal banking services are limited. However, challenges such as limited capital, credit risk, and the evolving regulatory framework remain constraints to the sustainability of MFIs. Implications & Recommendations: To maximize the positive impact of MFIs, stronger collaboration between government, financial institutions, and business stakeholders is needed. A clear regulatory framework, increased accessibility of funding, and sustained financial literacy programs can enhance the effectiveness and long-term sustainability of MFIs. Contribution & Value Added: This study provides a comprehensive synthesis of the role of MFIs in the Indonesian economic landscape, highlighting both opportunities and challenges. By offering insights into best practices and policy recommendations, this study contributes to the ongoing discourse on financial inclusion and MSME development.]]>
<![CDATA[Contribution of the Banking Sector in Improving the Capability and Competitiveness of Micro, Small, and Medium Enterprises (MSMEs) ]]>
<![CDATA[Safitri, Indira Dewi]]>;
<![CDATA[Amanda, Tiara Aprialita]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 1 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(1)-04
<![CDATA[Objective: This study aims to analyze the banking sector's contribution to enhancing the competitiveness of Micro, Small, and Medium Enterprises (MSMEs) by improving access to financial services, promoting digital payment systems, and strengthening financial literacy. Research Design & Methods: This research uses a qualitative method with literature study to analyze concepts, theories, and policies in depth from various written sources such as books, journals, and other documents. Findings: The results indicate that financial accessibility through banking institutions significantly improves MSMEs' competitiveness by addressing capital constraints and fostering business expansion. The adoption of digital banking services and financial literacy programs further enhances MSMEs' financial management capabilities. However, MSMEs must also improve their financial governance and marketing strategies to align with banking standards. Implications & Recommendations: Policymakers and financial institutions should expand banking services in underserved areas, enhance digital infrastructure, and implement targeted financial education programs for MSMEs owners. Strengthening MSMEs' financial management and aligning it with banking standards can improve their eligibility for financial support. Contribution & Value Added: This study contributes to the existing literature by highlighting the role of banking sector interventions in MSMEs competitiveness, emphasizing the need for a holistic approach that integrates financial accessibility, digitalization, and capacity building.]]>
<![CDATA[The Role of Digital Technology in Financial Inclusion: A Literature Review and SWOT Analysis ]]>
<![CDATA[Nurkhalimah, Vera]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 1 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(1)-01
<![CDATA[Objective: This study aims to explore the impact of digital technology transformation on financial inclusion in the banking sector, focusing on innovations such as fintech, mobile banking, internet banking, e-wallets, blockchain, and artificial intelligence. The objective is to assess how these technologies enhance access to financial services for underserved populations and improve banking efficiency. Research Design & Methods: The research uses a literature review and SWOT analysis to assess the impact of digital technologies on banking. It highlights both the benefits and challenges of digital transformation for financial inclusion, with a focus on infrastructure, digital literacy, cybersecurity risks, and regulatory. Findings: The study finds that digital transformation has enhanced financial inclusion by improving access to services for unbanked and underbanked populations, with innovations like mobile banking and e-wallets reducing costs and boosting efficiency. However, infrastructure gaps, low digital literacy, cybersecurity risks, and outdated regulations remain obstacles to wider adoption. Implications & Recommendations: To maximize the benefits of digital transformation in banking, it is vital to improve digital financial literacy, encourage collaboration among governments, banks, and fintech companies, and address infrastructure gaps. Additionally, updating regulatory frameworks to keep pace with technological advancements is essential for ensuring digital financial services' security and long-term sustainability. Contribution & Value Added: This study enhances the understanding of digital technology's role in financial inclusion, offering practical insights and recommendations for policymakers and industry stakeholders to address challenges and leverage digital transformation for a more inclusive, secure, and sustainable financial ecosystem.]]>
<![CDATA[Shadow Banking and Conventional Banks in Financial System Overview ]]>
<![CDATA[Wibowo, Yohanna Enda]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 1 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(1)-03
<![CDATA[Objective: This study aims to analyze the relationship between shadow banking and conventional banking in the modern financial system, focusing on their roles, dependencies, and impact on financial system stability. Research Design & Methods: This study uses a qualitative approach, including literature analysis and a theoretical review related to shadow banking and conventional banks. Data was obtained by reviewing various secondary sources, including journals, industry reports, and relevant regulations. Findings: This study found that shadow banking and conventional banks are interdependent despite having different roles in financial intermediation. Shadow banking can increase financial inclusion by providing more flexible financing, but the lack of supervision and transparency can pose systemic risks. In contrast, conventional banks operate under strict regulation, offering stability, but are more limited in terms of flexibility and innovation. Implications & Recommendations: This research recommends strengthening shadow banking regulations, including increased transparency, global regulatory coordination, and consumer protection. Effective regulation is important to balance financial innovation and proper supervision to maintain the global financial system's stability. Contribution & Value Added: This study provides new insights into the dynamic relationship between shadow and conventional banking and its implications for financial stability. It contributes to the understanding of how these two sectors can work synergistically to maintain the integrity of the financial system while encouraging responsible financial innovation.]]>
<![CDATA[E-Banking as a Competitive Advantage Driver in Commercial Banks: A Systematic Literature Review ]]>
<![CDATA[Atmalisa Nurhaliza, Nova]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 2 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(2)-06
<![CDATA[Objective: This study aims to provide a comprehensive overview of how e-banking contributes to the competitive advantage of commercial banks in the digital era. Research Design & Methods: A systematic literature review was conducted using the PRISMA approach, focusing on peer-reviewed articles published between 2020 and 2024. Of the 949 articles screened, 10 studies met the inclusion criteria and were analysed in depth. Findings: The findings reveal that e-banking plays a strategic role in improving operational efficiency, reducing transaction costs, and increasing the speed of service delivery. It also increases customer satisfaction through convenience, accessibility, and 24/7 service availability. Furthermore, e-banking enables market expansion by reaching out to underserved populations. However, limited digital infrastructure, cybersecurity threats, and low user literacy remain critical challenges. Implications & Recommendations: Commercial banks should adopt a holistic e-banking strategy that includes robust cybersecurity measures, transparent customer communication, and continuous innovation. Addressing these areas will help maximise the long-term benefits of e-banking and ensure resilience in a dynamic digital environment. Contribution & Value Added: This study summarizes current insights from international literature and offers strategic guidance for banks looking to leverage e-banking as a sustainable competitive advantage in the financial services sector.]]>
<![CDATA[Literature Review: Business Ethics and Good Corporate Governance as the Foundation of Financial Performance in the Banking Industry ]]>
<![CDATA[Kurniawan Prayitno, Heri]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 2 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(2)-07
<![CDATA[Objective: This study aims to analyze the strategic role of business ethics and Good Corporate Governance (GCG) in supporting long-term financial performance in the banking industry. This study focuses on how ethical integrity and governance structures contribute to stakeholder trust, risk mitigation, and institutional competitiveness. Research Design & Methods: This article uses a systematic literature review method by analyzing and synthesizing findings from the latest empirical studies published between 2020 and 2024. This review focuses on the relationship between business ethics, corporate governance, and financial performance indicators in the banking sector, including conventional and Islamic financial institutions. Findings: These findings reveal that consistent ethical principles and strong GCG practices significantly improve bank stability, operational efficiency, and financial performance. A structured risk management framework and a formal code of ethics strengthen internal control systems and enhance public trust and institutional credibility. Furthermore, integrating sustainability and social responsibility principles contributes to long-term competitiveness. Implications & Recommendations: Banks are advised to institutionalize ethical behavior and governance structures as strategic priorities, rather than merely complying with regulations. Investing in digital governance capabilities and aligning ESG frameworks with operational strategies is critical to ensuring resilience in a rapidly evolving financial landscape. Contribution & Value Added: This study offers a conceptual contribution by consolidating the relationship between ethical integrity, GCG, and financial outcomes in banking. It provides an academic foundation for strengthening ethical governance practices, particularly in emerging markets where stakeholder trust and systemic stability are critical.]]>
<![CDATA[Digital Transformation in the Indonesian Banking Industry: A Qualitative SWOT Analysis of Mobile Banking Initiatives in Conventional Financial Institutions ]]>
<![CDATA[Ula, Vita Rokhimatul]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 2 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(2)-08
<![CDATA[Objective: This study aims to analyze the internal and external factors that influence the development of mobile banking in conventional banks in indonesia, as well as formulate sustainable strategies that are able to maximize opportunities and overcome challenges in the era of digital transformation. Research Design & Methods: The study used a descriptive qualitative approach with SWOT analysis method to identify the strengths, weaknesses, opportunities, and threats faced by conventional banks in the implementation of mobile banking. Data was obtained through the study of current literature, industry reports, and relevant academic publications. Findings: The analysis shows that reputation, credibility, and customer loyalty are key strengths that can be leveraged to overcome cost constraints, IT infrastructure complexity, and internal resistance to new technologies. Strategic opportunities include expanding financial inclusion in remote areas and improving operational efficiency through automation and analytics technology. Key threats include the digital divide and increased cybersecurity risks. Implications & Recommendations: Conventional banks should adopt a mobile banking development strategy that emphasizes cross-stakeholder collaboration, relevant product innovation, and digital literacy programs to reduce the access gap. In addition, investment in cybersecurity and IT infrastructure modernization should be prioritized to maintain customer trust. Contribution & Value Added: This research provides a practical contribution in formulating a sustainable mobile banking strategy in Indonesia by considering local conditions, digital divide, and market dynamics. Academically, this research enriches the literature on the application of SWOT analysis to the development of digital financial services in developing countries.]]>
<![CDATA[Financial Literacy and Digital Savings Behavior of Gen Z in the Fintech Era: A Systematic Literature Review ]]>
<![CDATA[Dewi, Azizah Kusuma]]>
<![CDATA[ Journal of Banks and Financial Institutions Vol 1 No 2 (2025) ]]>
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DOI: 10.70764/gdpu-jbfi.2025.1(2)-09
<![CDATA[Objective: This study aims to analyze the role of financial literacy and financial technology (fintech) in shaping the savings mindset and economic behavior of Generation Z in the digital age. Research Design & Methods: This study employs a Systematic Literature Review (SLR) approach to scientific articles published between 2020 and 2024, focusing on financial literacy, fintech, and Generation Z's saving behavior. Data were analyzed by reviewing patterns of findings, research gaps, and the theoretical and practical relevance of the available literature. Findings: The study results indicate that financial literacy is a cognitive and affective foundation for enhancing understanding, awareness, and healthy financial decision-making among Generation Z. On the other hand, fintech functions as a facilitator through interactive, transparent digital services equipped with practical gamification features that encourage savings discipline. The synergy between the two has been proven to strengthen sustainable saving behavior, reduce dependence on high-cost loans, and improve long-term financial resilience. Implications & Recommendations: The findings emphasize the need to integrate financial literacy programs with digital fintech solutions relevant to Generation Z's lifestyle. Stakeholders, including educational institutions, financial institutions, and the government, need to collaborate in designing interactive and technology-based financial education programs to improve the effectiveness and sustainability of saving behavior. Contribution & Value Added: This research offers a conceptual framework emphasizing the synergy between financial literacy and fintech in shaping Generation Z's saving habits. The added value of this study lies in presenting the latest evidence from the literature that can be used as a basis for developing policy strategies and digital financial product innovations.]]>
