Abstract :

The study uses the Independent Test Analysis approach to calculate the business model bank performance of Indonesian commercial banks, focusing on digital banks. The research uses quarterly reports from 2020 to 2023 to collect secondary data. The study includes Digital Banks in Indonesia, including 4 neo-banks and 14 unit business banks. The results show a significant difference in bank business model performance between unit business banks and neo-banks. The Non-Interest Income (NII) results show no significant difference, but the mean results show a slight difference in performance. The author assumes that unit business banks have a diverse and comprehensive ecosystem in banking activities due to their wider scope of business activities compared to neo-banks.  

---

Keywords :

Bank Business Model, Bank performance, Ecosystem Digital Bank, Independent Test.

---

References :

1. Gerald, B. (2018). A Brief Review of Independent, Dependent and One Sample t-test. International Journal of Applied Mathematics and Theoretical Physics, 4(2), 50. https://doi.org/10.11648/j.ijamtp.20180402.13
2. Hanafizadeh, P., & Marjaie, S. (2021). Exploring banking business model types: A cognitive view. Digital Business, 1(2). https://doi.org/10.1016/j.digbus.2021.100012

3. Hie Prawira, B. Dr. (2021). Transformasi Digital Bank di Indonesia.
4. Erins and J. Erina. (2013). Bank Business Models and The Changes in CEE Countries.
5. Indonesia Financial Service Authority (OJK). (2021). Blueprint for Digital Transformation in Banking.
6. James, C. (2021). Open banking for dummies: Everything you need to know. https://wonderful.co.uk/blog/open-banking-fordummies-clear-explanation
7. Judith Böb, M., & Maier, R. (2017). Devising the bank of the future. Bankinghub by Zeb.
8. Lagasio, V., & Quaranta, A. G. (2022). Cluster analysis of bank business models: The connection with performance, efficiency and risk. Finance Research Letters, 47. https://doi.org/10.1016/j.frl.2021.102640
9. Miles, B. M., & Huberman, A. M. (1994). Qualitative Analysis.
10. Rijali, A. (2018). Analisis Data Kualitatif (Vol. 17, Issue 33).
11. Sekaran Uma, & Bougie Roger. (2009). Research Methods for Business (John Wiley & Sons Ltd., Ed.; Fifth). www.wileypluslearningspace.com
12. Sudrajad, O. Y. (2021). The implication of banking regulation on bank business model: evidence from the ASEAN countries. Journal of Financial Regulation and Compliance, 29(5), 580–603. https://doi.org/10.1108/JFRC-11-2020-0109
13. Sudrajad, O. Y., & Hübner, G. (2019). Empirical evidence on bank market power, business models, stability and performance in the emerging economies. Eurasian Business Review, 9(2), 213–245. https://doi.org/10.1007/s40821-0180112-1