Analysis of Bank Health Level Using the RGEC Method (Case Study on PT Bank SMBC Indonesia Tbk for the Period 2016-2023)

Aurelius Nathanael Gunawan; Muliawati Muliawati

doi:10.55927/jfbd.v4i4.531

Authors

Aurelius Nathanael Gunawan Universitas Katolik Parahyangan
Muliawati Muliawati Universitas Katolik Parahyangan

DOI:

https://doi.org/10.55927/jfbd.v4i4.531

Keywords:

Bank Health Level, Digitalization, Going Concern, Merger, RGEC

Abstract

Technological advancements and digitalization have transformed the banking industry, including PT Bank SMBC Indonesia Tbk, which shifted from conventional to technology-based services. The 2019 merger further affected its performance, structure, and long-term stability. These changes increased operational complexity and risks, making it essential to evaluate the bank’s going concern and bank health level. This study analyzes PT Bank SMBC Indonesia Tbk’s condition during 2016–2023 using the RGEC (Risk Profile, Good Corporate Governance, Earnings, and Capital) approach. Employing descriptive and case study methods with secondary data, the results show the bank is generally healthy in terms of credit risk, governance, profitability, and capital, though liquidity needs improvement. Continuous monitoring of liquidity and digital risks is recommended for sustainable growth.

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