ANALYSIS OF RISK OF THE CUSTOMER FOR DEPOSIT PRODUCTS IN ISLAMIC BANKING AND CONVENTIONAL BANKING WITH VALUE AT RISK METHODS (IN CASE OF BANK SYARIAH MANDIRI AND BANK MANDIRI PERIOD 2011-2013)
Faris Azka dan badria Muntashofi
Universitas Pendidikan Indonesia
The growth of third party funds decreased (years 2011-2013) strongly influenced by the customer. Customers who acted as investors not only consider the profitability of investment instruments, but also the level of risk. Investment instruments in the financial field is the most desirable customer deposits. Currently, profits from the repayments, the deposit is two deposit mudharabah that use profit sharing mechanism. And deposits which uses a system of interest.
The author tries to analyze the risk level of the customer on deposit with the method of Value at Risk (VaR) approach to variance-covariance. VaR is the risk measurement methods to determine the maximum loss that can occur in a certain time period and at a certain confidence level.The results are shown in the 2011-2013 period the average value of VaR (mean) and VaR (zero) Mudharabah deposits in Islamic banking is higher than deposits in conventional banks. It means that in the period 2011-2013 with a confidence level of 95% of customers will obtain more possible losses when investing in Mudharabah deposits rather than investing in time deposits in conventional banks.Better risk management of the bank will increase the interest of people to invest in banks. Increased awareness is important to increase the assets held by the bank to then be able to improve the performance of banks in disbursing funds. Increased performance of the bank, will ultimately have an impact on the increase in the banks profits.
Topic: Financial Management and Accounting