Description Study of the Implementation of the MSME Credit Relaxation Policy Affected By Covid 19 in BPR Christa Jaya Kupang
- https://doi.org/10.2991/assehr.k.220301.051How to use a DOI?
- Credit Relaxation; MSMEs
The involvement of banking institutions that maintain their existence as a provider of funds for MSME business activities most affected by the covid 19 outbreak is also supported by the Regulation of the Financial Services Authority of the Republic of Indonesia Number 48 / POJK.03 / 2020 on national economic stimulus as a countercyclical policy on the spread of coronavirus disease 2019. The credit bank of christa jaya kupang became one of the banks that implemented policies to support economic growth stimulus for debtors affected by the spread of coronavirus disease 2019 (covid-19) including MSME debtors while paying attention to the precautionary principle. This type of research is qualitative research with a descriptive analysis approach. The results showed all respondents or (100%) respondents stated that covid-19 had a severe impact on the decrease in sales volume above 50%. Debtor Business Sector shows that as many as 1 people (21.43%) do business in the field of Tourism (Bureau of Services, Hospitality, Restaurants, Café, Entertainment, etc.), as many as 4 people (47.14%) respondents with transportation business (Shuttle Services, Flights, Mbl Rental, Mbl, Mtr buying, and selling) and debtors as 1 person (21.43%) do business in the field of Export / Import business with countries affected by COVID-19 and affected by “lockdown”. The results of interviews with debtors about the ability to pay debts as shown in table 4.8 showed that as many as 3 people (60%) respondents stated that the ability to pay debts to Bank Christa Jaya 3-12 in the future will decrease by 30%-50%, while respondents as many as 2 people (40%) stated that the ability to pay debts to Bank Christa Jaya 3 - 12 months ahead decreased to above 50%.
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Cite this article
TY - CONF AU - Eugenia Hendrini P. Tanan AU - Wilsna Rupilu AU - Tiffany Natalia P. Gah AU - Agnes Kidi Beda Mudamakin PY - 2022 DA - 2022/03/04 TI - Description Study of the Implementation of the MSME Credit Relaxation Policy Affected By Covid 19 in BPR Christa Jaya Kupang BT - Proceedings of the International Conference on Applied Science and Technology on Social Science 2021 (iCAST-SS 2021) PB - Atlantis Press SP - 309 EP - 314 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.220301.051 DO - https://doi.org/10.2991/assehr.k.220301.051 ID - Tanan2022 ER -