IMPLEMENTATION OF CREDIT RESTRUCTURING DURING THE COVID-19 PANDEMIC PERIOD (CASE STUDY ON RURAL BANKS)

The banking sector is one of the sectors affected, several policies to reduce the impact of COVID-19 have caused productivity to decline, productivity has decreased, the next impact is hampered liquidity. Rural Bank is a form of banking on a micro-scale that substantially has a function like banking in general, where liquidity risk is also one of the risk exposures for Bank Perkreditan Rakyat Nusantara. In particular. Based on this background phenomenon, further research will be conducted to examine the health of the bank's financial ratios and profitability after the impact of the implementation of the credit restructuring policy at Bank Perkreditan Rakyat Nusantara. The research method used is a qualitative method with inductive data analysis and qualitative research emphasizes the meaning or data behind what is observed. From the results of this study, it can be concluded that in general, the financial health and profitability ratios at Credit Banks during the Covid 19 period experienced a decline in performance throughout 2020 compared to 2019. The strategic steps taken by the Nusantara Credit Bank Bona Pasogit 10 during the Covid 19 period were: (a). Develop an internal policy for restructuring debtors affected by COVID-19 (b). Establish a team and task force for handling debtors affected by covid-19 (c). Restructuring debtors affected by Covid-19 and (d). Reporting to the Financial Services Authority as mandated in POJK 48/POJK.02/2020.