Factors Affecting the Success of Regional Development Bank (Bpd) Transformation in Indonesia in 2024

Abstract

This study aims to examine several distinguishing factors that are considered to influence the success of Regional Development Bank (BPD) transformation in Indonesia in 2024. This study uses discriminant analysis. The study shows that there are 7 variables that are predictive factors for the success of BPD transformation in Indonesia in 2024, namely learning and growth perspective,nation's culture,organizational culture,public policy,bank health level,regional autonomy and BPD's sustainable competitive advantage. Nation's culture variable is a differentiator that acted as the strongest driver. BPD's sustainable competitive advantage variable is the strongest obstacle to predict the success of BPD transformation in Indonesia in 2024.