PERFORMANCE VARIABILITY OF STATE OWNED ENTERPRISES IN FINANCIAL SECTOR AND FINANCIAL TECHNOLOGY COMPANIES DURING THE COVID-19 PANDEMIC

covid-19 pandemic financial performance fintech lending

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July 31, 2021

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This study aims to provide empirical evidence related with financial
sector performance and the development of fintech lending in
Indonesia during the Covid-19 pandemic. The sample consisted of
4 State-Owned Enterprises (BUMN) in the financial sector and 149
financial technology (fintech) companies registered in the Financial
Services Authority (OJK). This research used descriptive statistics.
The results show that during the Covid-19 pandemic, the
performance of State-Owned Enterprises (SOEs) in the financial
sector and financial technology companies (fintech) has increased.
However, the increase in the performance of State-Owned
Enterprises (SOEs) in the financial sector and financial technology
(fintech) companies during pandemic was still below the
performance increase before the Covid-19 pandemic in Indonesia.