The Effects of COVID-19 Pandemic on Banking Performance in Indonesia: Risk, Good Corporate Governance, Earnings, and Capital

Research aims: This study aims to analyze the bank performance in public conventional banks based on Risk, Good Corporate Governance, Earnings, and Capital or RGEC System in the 2018–2021 period. This period refers to before and after the COVID-19 pandemic. The sample in this study was state-owned conventional banking. The analysis used in this study was using a time series approach and cross-sectional approach. The results of the analysis show that during the pandemic, credit risk and liquidity risk increased, and bank profits and capital decreased, but good corporate governance tended to increase from year to year. The capital decreased in the pandemic and then increased after the pandemic. Based on the differences analysis found that the risk profile variables had significant differences, while the variables of good corporate governance, earnings, and capital did not have significant differences in performance before and after the COVID-19 pandemic.