ANALISIS KOMPARASI KINERJA KEUANGAN PT BANK SYARIAH INDONESIA (BSI) SEBELUM DAN SESUDAH MERGER

This research aims to determine whether there are differences in the financial performance of Bank Syariah Indonesia before and after the merger. Data collection was carried out by financial report. The financial performance observed consists of liquidity measured by the current ratio, solvency measured by the capital adequacy ratio, profitability measured by the return on equity, and activity measured by the total asset turnover. The data were then processed using the Wilcoxon signed rank-test method. The research results indicate that there are differences in liquidity and solvency before and after the merger. There is no significant difference in profitability and activity before and after the merger. Performance improvement occurred in solvency and profitability, while liquidity and activity decreased after the merger. The results of the study is show that the synergy of the merger has not been fully achieved because the benefits of the merger cannot be seen yet in the short term. Keywords: Financial performance, Financial ratios, Merger, Indonesian Sharia Bank