ANALYSIS OF FINANCIAL PERFORMANCE IN GO-PUBLIC SHARIA BANKING WITH ECONOMIC VALUE ADDED (EVA) METHOD Rafika Rahmawati, Purnama Putra, Isfandayani, Rizal Fahlevi, Mas Deden Tirtajaya, Arief Widyananto
Universitas Islam 45 Bekasi
Abstract
The integration of ASEAN financial services in 2025 will make competition between banks even tighter. This requires Islamic banks to improve their performance. A good financial performance in a bank cannot be separated from the amount of capital and assets it owns. This study will measure the financial performance of Islamic banks based on value added, namely the Economic Value Added (EVA) approach. The object of research is the first Islamic bank to go public, namely Panin Dubai Syariah Bank, because in terms of increasing capital, one of the things that Islamic banks can do is through an initial public offering (IPO). The results showed that the level of financial performance of Panin Dubai Syariah Bank with the EVA approach in the 2015 to 2018 period fluctuated. The highest EVA value in the 2016 period was 109,610.21 and the lowest EVA value was -157,385.25 in the 2017 period. Forecasting the level of financial performance of Panin Dubai Syariah Bank with the EVA approach in the period 2019 to 2021 is increasingly experiencing a setback. Strategies that can be implemented by the Bank include increasing profits, minimizing the ratio of problem financing, and maintaining the value of capital so that it continues to increase and is not eroded by the low profit generated.
Keywords: Financial Performance, EVA, Islamic Bank
