ANALISIS KINERJA KEUANGAN CIMB NIAGA SEBELUM DAN SESUDAH MERGER

This research aimed to find out whether there are any differences in banking financial performance before and during the global crisis viewed from indicators. The indicators are capital as measured by the CAR, asset quality measured by the NPL, the management measured by the NPM, ROA and profitability with BOPO, as well as liquidity measured by the LDR. Samples of this study are Lippo Bank, Niaga Bank, and CIMB Niaga. The data processed in this study is a secondary data from bank’s financial statements used as sample in the period before the merger in 2005-2007 and the period at the time of the merger in 2008-2010. The results shown in this study as it seen from the average value represented by the ratio of NPL, BOPO, and LDR experienced an increased in financial performance. Yet when it viewed from the average ratio of CAR, NPM, and ROA after CIMB Niaga was merged it showed a decline in financial performance. The advice given to the banking is to improve more its performance, especially on the ratio that declined during post-merger performance. While suggestions for further research is to increase the ratio or use other ratios in CAMEL