COMPARATIVE ANALYSIS OF COMPANY’S FINANCIAL PERFORMANCE OF PRE AND POST MERGER ( A CASE STUDY OF PT BANK OCBC NISP, TBK. YEAR 2007-2010 AND 2012-2015 )

Abstract

This research is aimed to find out the change of financial performance at PT Bank OCBC NISP Tbk of post-merger in 2011 when it is compared to the financial performance of pre-merger. To measure the financial performance of the bank used CAMEL ratios. CAMEL ratios used in this research are Capital Adequacy Ratio (CAR), Operational Efficiency Ratio (OER), Loan to Deposit Ratio (LDR), and Return On Equity (ROE). The sampling method used is purposive sampling with criteria, financial statements of pre-merger period 2007-2010 and the financial statements of post-merger period 2012- 2015. Quantitative approach is used in this research by using secondary data which has been obtained from Bank Indonesia website and official website of PT Bank OCBC NISP Tbk. The performance before and after the merger has been calculated by using Paired Sample t – test with the assistance of Microsoft Excel 2010 program. LDR and ROE of PT Bank OCBC NISP Tbk of post-merger are higher than pre-merger. While, OER and CAR of PT Bank OCBC NISP Tbk of post-merger are lower than pre-merger.