Abstract:
This research purposes to find out the changes in Bank Tabungan Negara’s financial performance before and after go public. The researcher specifically wants to analyze the changes in its Non-Performing Loan (NPL), Loan to Deposit Ratio (LDR), Net Interest Margin (NIM), Return on Assets (ROA), Return on Equity (ROE) and Capital Adequacy Ratio (CAR). The researcher will be using these financial ratios which are considered as some of the indicators of RGEC Method. In this study, the research will be comparing the financial performance of Bank Tabungan Negara from 2006 to 2012. The data that will be used will be analyzed and calculated to seek if the differences are significant. In addition, there will be explanations on what caused those significant differences. Descriptive analysis, Year to year analysis, Comparative analysis, and Horizontal analysis are necessary research analysis that will be used to achieve the purpose of this research. Results of the analysis found that there is significant different in Non-Performing Loan (NPL) Net, Loan to Deposit Ratio (LDR), Return on Equity (ROE) and Capital Adequacy Ratio (CAR). The significant different can be seen from the contrast pattern of ratios before and after the IPO.
