Analysis of Credit Risk Management for the MSME Segment in cases the Situation of the Covid-19 Pandemic (Case Study at PT Bank XXX)
- DOI
- 10.2991/assehr.k.211102.146How to use a DOI?
- Keywords
- Covid-19 Pandemic; Risk Management; Risk Management Framework; Constrain
- Abstract
This study aims to analyze the application and constraints faced in the credit risk management process in cases the Covid-19 pandemic situation in accordance with the risk management framework and POJK so that credit risk can be managed and does not interfere with the Bank’s business continuity. The method used in this study is qualitative with a case study approach to explore deeply the risk management process and the constraints faced by Bank XXX in accordance with the Risk Management Framework Best Practice by considering Inherent Risk Assessment, Risk Management Implementation Quality Assessment, Evaluation of Risk Control Adequacy. The conclusion in this study is that Bank XXX has carried out a risk management process well in cases the Covid-19 Pandemic situation, but there are still some obstacles faced, namely the weak independence and objectivity of the Risk Management Function in the Work Unit, Lack of risk awareness of each individual, Management data tools operational and credit risks that are not yet optimal, audit data, compliance data, data on risk management tools that are not yet integrated, as well as obstacles in the application of the credit restructuring process.
- Copyright
- © 2021 The Authors. Published by Atlantis Press SARL.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Mangandar Febritson AU - Ludovicus Sensi PY - 2021 DA - 2021/11/16 TI - Analysis of Credit Risk Management for the MSME Segment in cases the Situation of the Covid-19 Pandemic (Case Study at PT Bank XXX) BT - Proceedings of the 1st International Conference on Research in Social Sciences and Humanities (ICoRSH 2020) PB - Atlantis Press SP - 1068 EP - 1074 SN - 2352-5398 UR - https://doi.org/10.2991/assehr.k.211102.146 DO - 10.2991/assehr.k.211102.146 ID - Febritson2021 ER -