Pengaruh Tingkat Suku Bunga, Inflasi dan Rasio Kecukupan Modal terhadap Penyaluran Kredit UMKM oleh Bank Umum di Indonesia Tahun 2007 – 2013

Abstract

The Indonesian Government has been providing a business credit program to small and medium enterprises (SMEs) for financing and working capital. The government wants SMEs to grow more rapidly because wider access to capital can accelerate a country's economic growth. This study aims to obtain empirical evidence of the influence of interest rate, inflation and the capital adequacy ratio on the distribution of SMEs credits by banks in Indonesia. This research focuses on three independent variables expected to affect interest Rate, inflation and capital adequacy ratio. The data used are secondary data from the Indonesian bank directory. The subjects of this research are eight banks that were awarded the Excellent Service Experience Award (ESEA) in Indonesia for the period 2007 - 2013. Fifty-six areas were investigated. We used quantitative analysis with multiple linear regression analysis tests to analyze the data. The results of this study show that interest rate andinflation affect the distribution SMEs credits by banks in Indonesia while capital adequacy ratio has no significant effect.The results of this study will be of interest to the public, banks, SMEs and academics.