Pengaruh Pinjaman Peer To Peer (P2P) Terhadap Kredit Perbankan untuk UMKM Dan Non UMKM Saat Pandemi COVID-19

Abstract

P2P lending has grown rapidly in Indonesia so that the presence of P2P lending has the potential to substitute, complement, or influence the performance of traditional banking credit. This study aims to examine the effect of P2P lending on MSME and Non-MSME loans during the COVID-19 pandemic. This study used panel regression because the data used in this study involved cross section and time series data. The cross-section data used in this study consists of 33 provinces in Indonesia and the time series data from this study are from January to December 2021. The results of study indicate that P2P loans and third-party funds significantly positively affect MSME loans and non-MSME financial loans.