DIGITALIZATION, BANKING COMPETITION, AND CREDIT RISK AS ANTECEDENTS OF BANK STABILITY MEDIATED BY PROFITABILITY: DIGITALIZATION, BANKING COMPETITION, AND CREDIT RISK AS ANTECEDENTS OF BANK STABILITY MEDIATED BY PROFITABILITY

Hartini Hartini

doi:10.56107/penanomics.v4i3.280

Authors

Hartini Hartini Trisakti University, Jakarta

DOI:

https://doi.org/10.56107/penanomics.v4i3.280

Keywords:

Banking Competition, Bank Stability, Credit Risk, Digitalization, Profitability

Abstract

This study aims to analyze the effects of digitalization, banking competition, and credit risk on bank stability, with profitability as a mediating variable in conventional banking in Indonesia. This study employs a quantitative research design using hypothesis testing to examine the relationships between independent and dependent variables. The sample is selected using purposive sampling, consisting of conventional banks, including state-owned banks, private banks, regional development banks, and foreign banks. The observation period covers quarterly data from the first quarter of 2019 to the second quarter of 2025. Using panel data, a total of 2,366 observations are obtained. The analytical method applied is panel regression. The results indicate that digitalization does not have a direct effect on bank stability, but it has a positive effect on profitability. Profitability is found to have a positive effect on bank stability and mediates the relationship between digitalization and stability. Banking competition positively affects bank stability but does not significantly influence profitability. Profitability does not mediate the relationship between competition and stability. Credit risk does not directly affect bank stability and does not significantly influence overall profitability. However, when examined through individual profitability measures, credit risk shows a positive effect on profitability. Furthermore, profitability does not mediate the relationship between credit risk and bank stability when measured in aggregate, but partial mediation is observed through specific profitability indicators. The findings suggest that digitalization should be positioned as a strategic tool to enhance profitability, which in turn strengthens bank stability. Banking competition needs to be effectively managed to maintain systemic stability, while credit risk remains a critical instrument in supporting profitability and ensuring long-term sustainability in the banking industry. Digitalization, Banking Competition, Profitability, Credit Risk, Bank Stability

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DIGITALIZATION, BANKING COMPETITION, AND CREDIT RISK AS ANTECEDENTS OF BANK STABILITY MEDIATED BY PROFITABILITY