Analysis of Bank Health Levels Using Risk-Based Bank Rating (RBBR) With Rgec Factors: A Case Study of 4 Digital Banks Listed on the IDX for the Period 2019-2024

Jihan Afifah Nur Rocmah; Tony Seno  Aji

doi:10.55927/ijbae.v4i6.455

Authors

Jihan Afifah Nur Rocmah Universitas Negeri Surabaya
Tony Seno Aji Universitas Negeri Surabaya

DOI:

https://doi.org/10.55927/ijbae.v4i6.455

Keywords:

IDX, RGEC, Digital Bank, Financial Report, Bank Health

Abstract

This study analyzes the financial health and performance of four digital banks listed on the Indonesia Stock Exchange (IDX), namely Bank Amar, Bank Jago, Allo Bank, and Bank Neo Commerce, during the 2019–2024 period using RGEC method. A quantitative approach was applied by secondary data obtained from audited financial reports officially published by each bank and verified by the Financial Services Authority (OJK). The assessment includes NPL and LDR as indicators of risk profile, GCG composite for governance, ROA, ROE, NIM, and BOPO for profitability analysis, and CAR for capital adequacy evaluation. The results indicate that overall, these banks possess strong capital resilience, improving asset quality, and positive profitability trends, though several still face liquidity and income fluctuation risks.

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