Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)

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How the Inflation Affect the Commercial Bank Deposit Funds in Indonesia (2016 – 2018)?

Authors
Vindaniar Y. Putri, Dwinta Firda Purnama
Corresponding Author
Vindaniar Y. Putri
Available Online 26 April 2021.
DOI
10.2991/assehr.k.210424.109How to use a DOI?
Keywords
investment, correlation, inflation, deposit funds
Abstract

The purpose of writings this research was to determine the condition of investment growth of commercial bank deposit products in Indonesia from 2016 to 2018 and to find out the correlation between inflation growth and the growth of deposit on-call funds, time deposits, and certificates of deposit in commercial banks in Indonesia. Data for this writing obtained from the official websites of the Indonesian Deposit Insurance Corporation and Bank Indonesia. The variables used are inflation and growth data on commercial bank deposits from January 2016 to December 2018. To answer the problem formulation, the method used in this paper was a descriptive-correlation analysis. The test was supported by SPSS 29 program. The outputs from the test showed there are correlations made between inflation growth with growth in deposits on-call, time deposits, and certificates of deposit in commercial banks during 2016-2018. However, the association that occurred was not significant. The insignificance of the correlation can be due to the fluctuations in the growth of deposit funds that have greater or lesser volatility when compared to fluctuations that occur in the growth of inflation.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
26 April 2021
ISBN
10.2991/assehr.k.210424.109
ISSN
2352-5398
DOI
10.2991/assehr.k.210424.109How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Vindaniar Y. Putri
AU  - Dwinta Firda Purnama
PY  - 2021
DA  - 2021/04/26
TI  - How the Inflation Affect the Commercial Bank Deposit Funds in Indonesia (2016 – 2018)?
BT  - Proceedings of the International Conference on Applied Science and Technology on Social Science (ICAST-SS 2020)
PB  - Atlantis Press
SP  - 556
EP  - 560
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210424.109
DO  - 10.2991/assehr.k.210424.109
ID  - Putri2021
ER  -