ANALYSIS OF THIRD-PARTY FUNDS ON CREDIT GROWTH AT BANK BNI

Abstract

This study aims to analyze the influence of third-party funds (DPK) and external factors in the form of interest rates on credit growth at Bank Negara Indonesia (BNI) for the 2018–2023 period. The method used is a descriptive quantitative approach with secondary data obtained from BNI's annual financial statements and official publications of Bank Indonesia. The independent variables in this study consist of the growth of third-party funds (X₁) and the benchmark interest rate of Bank Indonesia (X₂), while the dependent variable is the growth of BNI loans (Y). Data analysis was carried out by multiple linear regression using t-test and F-test to see the partial and simultaneous influence between variables. The results showed that third-party funds had a positive effect on credit growth with a coefficient of β = 0.083, while interest rates had a negative effect on a coefficient of β = –0.062. However, neither variable had a statistically significant effect at a significance level of 5%. A determination coefficient value (R²) of 0.30 indicates that only 30% of credit growth variations can be explained by third-party funds and interest rates, while the rest is influenced by other factors such as NPLs, internal policies, and macroeconomic conditions. Overall, the results of this study confirm that although deposits remain the main source of funding for BNI, their effectiveness in driving credit growth is influenced by external conditions and the bank's managerial strategy.