Analysis of PT Allo Bank Indonesia’s Financial Soundness Using the RGEC Method: A Case Study of 2019–2024
DOI:
https://doi.org/10.55538/ifr.v6i1.139Keywords:
Bank Soundness, RGEC, Digital Banking, PT Allo Bank IndonesiaAbstract
The digital transformation of banking has increased the importance of assessing bank soundness, particularly among digital banks. This study evaluates PT Allo Bank Indonesia Tbk during 2019–2024 using the Risk Profile, Good Corporate Governance (GCG), Earnings, and Capital (RGEC) framework. A descriptive quantitative approach was applied using secondary data from annual reports. Six indicators were examined: Non-Performing Loan (NPL), Loan to Deposit Ratio (LDR), GCG rating, Return on Assets (ROA), Net Interest Margin (NIM), and Capital Adequacy Ratio (CAR). NPL declined from 10.16% in 2019 to below 1% during 2021–2024, while LDR peaked at 163.19% in 2022. GCG improved from a rating of 3 to 2, and ROA and CAR strengthened. The composite score rose from 66.67% in 2019 to 86.67% in 2021, then stabilized at 83.33% during 2022–2024. The average was 80.00%, indicating improved bank soundness, although liquidity risk remained a concern.
References
he author would like to express sincere gratitude to Mrs. Intan Sari Budhiarjo, S.E., M.M., as the supervising lecturer, for her guidance, advice, and constructive input throughout the preparation and completion of this research.
References
Allo Bank. (n.d.). Allo Bank. Retrieved June 2025, from https://www.allobank.com/
Amtiran, P. Y., Bay, L. S. M., & Makatita, R. F. (2023). Analisis Kinerja Keuangan menggunakan Metode Risk Profile, Good Corporate Governance, Earning, And Capital (RGEC) pada Bank Umum Swasta yang tercatat di BEI Tahun 2019-2020. Jurnal Akuntansi, 12(2), 91-101.
Anwar, M. (2020). Manajemen Strategik Daya Saing dan Globalisasi (1st ed.). Sasanti Institute.
Asosiasi Penyelenggara Jasa Internet Indonesia. (2023). Asosiasi Penyelenggara Jasa Internet Indonesia. Retrieved June 2025, from https://www.apjii.or.id/
Bahanan, M. (2024). Analisis tingkat kesehatan bank syariah dengan menggunakan metode RGEC pada PT Bank Mega Syariah periode 2018–2022. I’thisom: Jurnal Ekonomi Syariah, 3(1), 21–43.
Bangun, A. A., & Purnamasari, W. (2023). Analisis Tingkat Kesehatan Bank dengan Metode RGEC (Risk Profile, Good Corporate Governance, Earnings, Capital) Pada PT. Bank Jago Tbk Periode 2019–2021. Journal of Business, Finance, and Economics (JBFE), 4(1), 30-42.
Bank Indonesia. (2013). Surat Edaran Bank Indonesia Nomor 15/15/DPNP tanggal 29 April 2013 perihal Pelaksanaan Good Corporate Governance bagi Bank Umum. Jakarta, Indonesia: Bank Indonesia.
Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. Semarang: Badan Penerbit Universitas Diponegoro.
Helmi, A. Y., & Kristianto, A. H. (2024). Sistem RGEC dalam analisis tingkat kesehatan bank digital yang terdaftar di BEI periode 2019–2022. MARGIN ECO: Jurnal Ekonomi dan Perkembangan Bisnis, 8(1), 75–98.
Hery. (2018). Analisis Laporan Keuangan. Jakarta: Grasindo
Ikatan Akuntan Indonesia. (2019). PSAK No. 1: Penyajian Laporan Keuangan - Edisi Revisi 2019. Jakarta: Dewan Standar Akuntansi Keuangan Ikatan Akuntan Indonesia.
Indonesia. (1998). Undang-Undang Republik Indonesia Nomor 10 Tahun 1998 Tentang Perubahan Atas Undang-Undang Nomor 7 Tahun 1992 Tentang Perbankan. Lembaran Negara RI Tahun 1998, No. 31. Sekretariat Negara. Jakarta.
Jati, W., Oktrima, B., & Ariyanti, E. (2022). Pengaruh Net Interest Margin (Nim) Dan Biaya Operasional Dan Pendapatan Operasional (Bopo) Terhadap Return On Asset (Roa) Pada PT Bank Central Asia, Tbk Periode 2010-2020. Jurnal Ilmiah Swara Manajemen, 2(4), 509-518.
Kasmir. (2017). Manajemen Sumber Daya Manusia (Teori dan Praktik). Edisi Revisi. Jakarta: Rajawali Pers.
Kasmir. (2018). Analisis Laporan Keuangan. Jakarta: Prenadamedia Group.
Kasmir. (2019). Analisis Laporan Keuangan. Edisi Revisi. Jakarta: Rajawali Pers.
Kasmir. (2020). Analisis Laporan Keuangan (Ed.1, Cet.5.). Jakarta: Rajawali Pers
Koroleva, E.V., Kudryavtseva, T. (2020). Factors Influencing Digital Bank Performance. In: Antipova, T., Rocha, Á. (eds) Digital Science 2019. DSIC 2019. Advances in Intelligent Systems and Computing, vol 1114:325-333. Springer, Cham.
Mahesta, A. (2023). The Effect of Loan To Deposit Ratio (LDR) and Third Party Funds on Return On Equity (ROE) at PT Bank Rakyat Indonesia (Persero) Tbk Between 2012 and 2021. Indonesian Financial Review, 2(2), 85–98. https://doi.org/10.55538/ifr.v2i2.18
Otoritas Jasa Keuangan. (2016). Bank Umum Panduan Penyelenggaraan Digital Branch oleh Bank Umum (p.i).
Otoritas Jasa Keuangan. (2016). Peraturan Otoritas Jasa Keuangan Nomor 4/POJK.03/2016 tentang Penilaian Tingkat Kesehatan Bank Umum. Jakarta: Otoritas Jasa Keuangan.
Otoritas Jasa Keuangan. (2021). Peraturan Otoritas Jasa Keuangan Republik Indonesia Nomor 12 /POJK.03/2021 Tentang Bank Umum. Lembaran Negara Republik Indonesia Tahun 2021 Nomor 163. Jakarta: Otoritas Jasa Keuangan.
Rismala, L. I., Triposa, T., Aprilianty, D., Elvina, D., & Sunardi, N. (2021). Analisa Camel dan RGEC untuk mengukur tingkat Kesehatan Bank. Jurnal Sekuritas: Saham, Ekonomi, Keuangan Dan Investasi, 5(1), 25-42.
Riyanti, S., & Hatmawan, A. A. (2022). Metode Riset Penelitian Kuantitatif Penelitian di Bidang Manajemen, Teknik, Pendidikan dan Eksperimen. Yogyakarta: Deepublish.
Sari, W. I. Andhani, D. (2020). Analisis kinerja keuangan menggunakan metode CAMELS dan RGEC pada PT.Bank Mandiri (Persero) Tbk periode 2015-2019. Jurnal Ekonomi Efektif, 2(3), 459–468.
Sugiyono. (2022). Metode Penelitian Kuantitatif, Kualitatif, R & D. Edisi Kedua. Bandung: CV. Alfabeta.
Tadarus, R. I., & Sholeh, A. N. (2022). Analysis of Bank's Financial Performance Using The RGEC at PT. Bank Central Asia Tbk from 2017 to 2021. Indonesian Financial Review, 2(2), 116-133. https://doi.org/10.55538/ifr.v2i2.20
Tobing, V. C. L., & Simatupang, E. M. (2022). Analisis tingkat kesehatan bank dengan menggunakan metode RGEC pada PT Bank OCBC NISP Tbk. Aktiva: Jurnal Akuntansi Dan Investasi, 7(2), 33-48. https://doi.org/10.53712/aktiva.v7i2.1618
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Chamid Alwi, Intan Sari Budhiarjo
This work is licensed under a Creative Commons Attribution 4.0 International License.
