This survey aims to compare the fiscal public presentation and bank efficiency between conventional Bankss and sharia Bankss in Indonesia in the period of 2008-2011 by utilizing fiscal ratios to mensurate the fiscal public presentation. every bit good as SFA ( Stochastic Frontier Approach ) to the step bank efficiency. Fiscal ratios that are used are consisted of CAR. NPL. ROA. ROE. and LDR. Meanwhile variables that are used to mensurate the efficiency are receivables. arrangements with Bank Indonesia and other Bankss. third-party financess. and issued capital and to the full paid capital. The samples consist of 11 conventional Bankss and 11 sharia Bankss. T-test is conducted to find whether there is any important difference in fiscal public presentation between sharia Banks and conventional Banks. The consequences of hypothesis testing and multiple arrested development analysis indicate that there are important differences of CAR. ROA. ROE. net income efficiency between conventional Bankss and sharia Bankss. Keywords: fiscal public presentation. bank efficiency. SFA. conventional Bankss. Islamic laws bank.

ABSTRAK Penelitian ini bertujuan untuk melakukan perbandingan kinerja keuangan serta efisiensi Bank Umum Konvensional dan Bank Umum Sharia di
Indonesia pada periode 2008-2011 dengan menggunakan rasio keuangan untuk mengukur kinerja keuangan. serta SFA ( Stochastic Frontier Approach ) untuk mengukur efisiensi bank. Rasio keuangan yang digunakan terdiri Dari CAR. NPL. ROA. ROE. dan LDR. Sedangkan variable untuk mengukur efisiensi laba diantaranya Pembiayaan yang diberikan. Penempatan pada Bank Indonesia dan bank lainnya. Dana pihak ketiga. dan Modal yang disetor dan dibayar penuh. Sampel yang digunakan adalah 11 Bank Konvensional dan 11 Bank Sharia. Uji t dilakukan untuk mengetahu apakah terdapat perbedaan yang signifikan kinerja keuangan antara Bank Konvensional dan Bank Sharia. Hasil dari uji hipotesis dan regresi berganda tesebut menunjukkan bahwa terdapat perbedaan yang signifikan CAR. ROA. ROE. efisiensi laba diantara Bank Konvensional dan Bank Sharia. Kata kunci: kinerja keuangan. efisiensi bank. SFA. bank konvensional. bank syariah.

Introduction It has been about a one-fourth of century since the first Islamic law bank was established. Sharia Bankss non merely have large enlargement in Muslim states. but besides in Non-Muslim states. Some people choose sharia Bankss because of the differences between conventional Bankss and sharia Bankss. Actually there are non many differences between them but. the chief ground why people choose sharia Bankss is because there is no riba system like in conventional Bankss. In the treatment of banking in Indonesia. it is of import to analyse the public presentation. Performance represents the status of the bank. it represents whether the direction of the bank can run the operational well or non. It is of import for Bankss to mensurate their public presentation in order to be able to better its service to fulfill the clients. There are several ways to measure bank’s public presentation. Performance rating is an of import tool to measure the success of any concern including Islamic laws fiscal establishment. In the public presentation rating. puting the bench grade is critical in order to do comparing between the desired and the existent public presentation. In 1979. the usage of the CAMEL factors in measuring a bank’s fiscal wellness has become good known among regulators. Piyu ( 1992 ) stated that fiscal ratios are frequently used to mensurate the overall fiscal sound of a bank and the quality of its direction. Bank regulators. for illustration. utilize fiscal ratios to measure a bank’s public presentation as a portion of the CAMELS system. CAMELS system consists of
Capital adequateness. Asset quality. Management. Net incomes. Liquidity. and Sensitivity to market hazard. An overall composite Camel evaluation. which is runing from one to five is so developed from this rating. As a whole. the CAMELS evaluation. which is determined

after an on-site scrutiny. provides a agency to categorise Bankss based on their overall wellness. fiscal position. and direction. Another of import facet in mensurating public presentation and competition in banking industries is efficiency. Efficiency is improved by cut downing cost in production procedure or by increasing gross. If there is a rapid alteration of fiscal construction. we have to place the fund efficiency and gross. Banks which is more efficient is hoped to be able to deduce maximal net income and give better service quality for costumier. One of the ways to mensurate the efficiency of a bank is by utilizing parametric attack with Stochastic Frontier Approach ( SFA ) through alternate net income efficiency. SFA has an advantage. which is it is able to compare other measurement methods that involve disturbance term. Disturbance term is stand foring perturbations. measuring mistake and exogenic dazes beyond the control. environment variables which are easy treated. possibility to carry on hypothesis testing by utilizing statistical trial. and easiness in placing the outliers. SFA efficiency value scope is between 0 and 1. If the value of SFA peers to 1. it means that the bank’s public presentation is efficient. Meanwhile. if the value of SFA peers to 0. it means that the bank’s public presentation is inefficient. Banks’ efficiency is besides needed as an of import index to analyse bank’s public presentation and as a tool to better the effectivity of pecuniary policy. By and large. there are 3 basic constructs of efficiency theoretical account in banking sector. They are cost efficiency. standard net income efficiency. and alternate net income efficiency.

PREVIOUS RESEARCH Islamic Banks Sole ( 2007 ) on his diary entitled Introducing Islamic Banks into Conventional Banking System. From his diary. can be concluded that over the last decennary. Islamic banking has experienced planetary growing rates of 10-15 per centum per annum. It has been traveling into an increasing figure of conventional fiscal systems at such a rapid gait that Islamic fiscal establishments are present today in over 51 states. Despite this consistent growing. many supervisory governments and
finance practicians remain unfamiliar with the procedure by which Islamic Bankss are introduced into a conventional system. Banks Performance Wirnkar ( 2008 ) on his diary entitled CAMELs and Banks Performance Evaluation: The Way Forward. said that the findings revealed the inability of each factor in CAMEL to capture the wholistic public presentation of a bank. Besides revealed. was the comparative weight of importance of the factors in CAMEL which resulted to a call for a alteration in the acronym of CAMEL to CLEAM. In add-on. the best ratios in each of the factors in CAMEL were identified. For illustration. the best ratio for Capital Adequacy was found to be the ratio of entire shareholders’ fund to entire hazard weighted assets. The paper concluded that no one factor in CAMEL suffices to picture the overall public presentation of a bank. Among other recommendations. banks’ regulators are called upon to return to the best identified ratios in CAMEL when measuring Bankss public presentation.

Banks Efficiency Majid ( 2010 ) in his diary entitled Efficiency in Islamic and Conventional Banking: An International Comparison. can be concluded that he was with Saal and Battisti investigated the efficiency of a sample of Islamic and conventional Bankss in 10 states that operate Islamic banking for the period 1996-2002. utilizing an end product distance map attack. They obtain steps of efficiency after leting for environmental influences such as state macroeconomic conditions. handiness of banking services and bank type. While these factors are assumed to straight act upon the form of the engineering. we assume that state silent persons and bank size straight influence proficient inefficiency. The parametric quantity estimations highlight that during the sample period. Islamic banking appears to be associated with higher input use. Correlation between Bankss public presentation and Bankss efficiency Kosmidou ( 2008 ) on his diary entitled Measurement of Bank Performance in Greece can be concluded that Bankss have been forced to be more competitory and to implement bank evaluation systems to measure their fiscal hazards. The present survey evaluates the public presentation and efficiency of the commercial and concerted Bankss in Greece for the period 2003-2004. The consequences obtained indicate that commercial Bankss are be givening to increase their histories. to pull more clients and better their fiscal indices. thereby going more competitory and maximising their net incomes. Refering the concerted Bankss in Greece. the decisions are non so
uniform. since there are Bankss that are basking well increased net incomes and market portions. and others whose fiscal indices seem to be deteriorating.

RESEARCH METHOD Type of Study This research usage secondary informations which gathered from several beginnings such as web site of Bank Indonesia. web site of each Bankss and incorporate all information needed. Then. the informations analyzed by utilizing SPSS. Population and Sample The populations in this research are conventional Bankss and sharia Bankss. Meanwhile. the samples are the Bankss ( 11 conventional Bankss and 11 Islamic laws Bankss ) listed in Bank Indonesia which have been published their fiscal study from 2008-2011. Research Variables In this survey. the dependent variable is SFA ( Stochastic Frontier Approach ) while the independent variables are CAR. ROA. ROE. NPL. LDR. receivables. 3rd party fund. arrangement in Bank Indonesia and other Bankss. and issued capital & A ; to the full paid capital.

ANALYSIS Classical Assumption Test Multicollinearity Test: The consequence showed that all of the independent variables used in this research have tolerance value greater than 0. 10 and VIF less than 10. Therefore. . independent variables are free from multicollinearity symptoms or there is no multicollinearity among the independent variables.

Autocorrelation Test: Based on the consequence of Durbin Watson trial. it is known that Durbin Watson value is 1. 368 which is between -2 to 2. It means that there is no autocorrelation in the arrested development theoretical account. Heteroscedasticity Test: The graph spread secret plan shown that that there is no clear form and the points spread above or below the figure 0. Then. it can be stated that there is no heterocedasticity. The consequence of T-Test The independent t-test consequence obtained for CAR is -2. 329. with the chance of 0. 022 which less than ?=0. 05. Therefore. the first hypothesis in this survey which states that “There is important difference in CAR between conventional and sharia Bankss in Indonesia” is supported. The independent t-test consequences obtained for NPL is 1. 494. with the chance of 0. 139 which is greater than ?=0. 05. Therefore. the 2nd hypothesis in the survey which states that “There is important difference in NPL between conventional and sharia Bankss in
Indonesia” is non supported. The independent t-test consequences obtained for ROA is 2. 278 with a chance of 0. 025 which is less than ?=0. 05. Therefore. the 3rd hypothesis which states that “There is important difference in ROA between conventional and sharia Bankss in Indonesia” is supported. The independent t-test consequences obtained for ROE is 4. 040 with the chance of 0. 000 which less than ?=0. 05. Therefore. the 4th hypothesis in the survey which states that “There is important difference in ROE between conventional and sharia Bankss in Indonesia” is supported.

The independent t-test consequences obtained for LDR is -1. 275 with the chance of 0. 206 which is greater than ?=0. 05. Therefore. the 5th hypothesis which states that “There is important difference in LDR between conventional and sharia Bankss in Indonesia” is non supported. The independent t-test consequences obtained for efficiency ratio ( SFA ) is 4. 345 with the chance of 0. 000 which is less than ?=0. 05. Therefore. the 6th research hypothesis which states that “There is efficiency difference between conventional Bankss and sharia Bankss in Indonesia” is supported. Multiple Regression analysis consequence The equation is as follows: SFA = 0. 368 – 0. 001CAR + 0. 071NPL + 0. 022ROA + 0. 008ROE + 0. 001LDR + 0. 002REC + 0. 00018PBI + 0. 00004TPF + 0. 002ISSUED + ? The the relationship between bank’s public presentation and bank’s efficiency is indicated by the multiple correlativity coefficient ( R ) which is equal to 0. 674. This means that there is a strong relationship between the bank’s public presentation and bank’s efficiency. To clear up whether the relationship between the independent variables and dependent variables are important or non. it can be tested with the F trial. The trial showed that F value is 7. 213 with the chance 0. 000 which is less than ?=0. 05. This shows that the Sig F is smaller than the 0. 05 value therefore. the public presentation of Bankss as measured by CAR. NPL. ROA. ROE. LDR. receivable. arrangement with Bank Indonesia and other Bankss. 3rd parties fund. and issued capital and to the full paid capital are at the same time related to the efficiency of Bankss. Therefore. the 7th hypothesis which stated that “There is influence between bank’s public presentation and bank’s efficiency” is supported.

Shutting Conclusion Based on the consequence of informations treating. there are some
decisions: 1. There is important difference between sharia Bankss and conventional Bankss in footings of CAR. This survey finds that Islamic law banks’ CAR is greater than conventional Bankss. 2. There is no important difference of fiscal public presentation between sharia Bankss and conventional Bankss in footings of the NPL ratio. This means that NPL in sharia Bankss are equal to conventional Bankss. which all Bankss have NPLs below 5 % . 3. There is important difference between sharia Bankss and conventional Bankss in footings of ROA. The difference that occur shows that the conventional banks’ ROA is higher than Islamic laws Bankss which means that the ability of conventional Bankss in gaining net income based on the owned plus is higher than Islamic laws banks’ . 4. There is important difference between the profitableness public presentations of sharia Bankss and conventional Bankss in footings of ROE. The difference that occurs shows that conventional banks’ ROE is higher than sharia Bankss. It means that the ability of conventional Bankss in gaining net income based on the owned equity is higher than sharia Bankss. 5. There is no important difference in the public presentation of Bankss on LDR ( Loan to Deposit Ratio ) . This means the liquidness of sharia Bankss and conventional Bankss are equal.

6.

There is important difference in bank efficiency between sharia Bankss and conventional Bankss in footings of SFA. In this instance. conventional Bankss are more efficient comparison to sharia Bankss because their SFA value is higher comparison to sharia banks’ .

7.

Banks’ public presentation has influence on banks’ efficiency. This means that the higher public presentation of the bank. the more efficient the bank in carry oning its operations. Among all of the public presentation ratios. they are NPL and ROE that have important influence on efficiency. Meanwhile for the CAR. ROA. LDR. Receivable. Placement with Bank Indonesia and other Banks. Third Parties Fund. and Capital Issued does non hold important influence on bank’s efficiency.

Research Limitation This research focused on comparing conventional bank and sharia bank on the footing of fiscal public presentation by utilizing CAEL merely. because the informations used is merely fiscal ratio and effectivity utilizing SFA. The fiscal public presentation and effectivity can be assessed by analysing the one-year study published by Bank Indonesia. This research uses one-year studies from 2008 to 2011 and quarterly informations. taken from 11 sharia Banks and 11 good known conventional Bankss. Recommendations Some suggestions for the future research on this subject based on the restriction that research worker found are mentioned as follows: 1. For Sharia Banks. this research found that sharia Bankss have lower profitableness ratio and efficiency comparison to conventional Bankss. Therefore. the research worker would

like to urge sharia Bankss to increase those ratios by minimising bank’s operational costs. bettering the market to acquire more client through advanced Islamic law merchandises. 2. For Conventional Banks. this research found that conventional Bankss have lower capital facet comparison to sharia Bankss. Therefore. they need to cut down recognition hazard by bettering recognition direction in order to cut down the value of risk-weighted assets ( RWA ) . 3. For Banks in general. to better the efficiency of the bank’s public presentation. Bankss should better the overall public presentation. both from the capital. assets. direction. net incomes and liquidness 4. For the Future Researchers. this survey uses merely five ratios in mensurating the bank’s fiscal public presentation. the hereafter research workers should utilize more ratios to mensurate public presentation.

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