DIVESTMENT ANALYSIS: COMPARATIVE STUDY BANK MUTIARA AND BANK DANAMON DI BURSA EFEK INDONESIA

Irawan; Yunita Sari Rioni;

Abstract

The purpose of this study is to determine and analyze the divestment process carried out by Bank Mutiara and Bank Danamon and to compare the financial performance of Bank Mutiara with Bank Danamon before and after divestment. The target population companies are divesting banking companies, namely two banking companies listed on the IDX by taking the entire target population into a sample, namely PT. Bank Sentury (Mutiara) Tbk and PT. Bank Danamon Indonesia Tbk. The data analysis technique used is descriptive analysis with a comparative approach that compares the two data namely before and after divestment. Based on the results of the divestment analysis at PT. Bank Mutiara, Tbk, it can be concluded that PT. Bank Mutiara, Tbk divested because it was forced to with deteriorating financial conditions. While Bank Danamon can be concluded that PT. Bank Danamon, Tbk divested voluntarily because it wanted to expand its business and produce better financial performance.