Indicators of Giving Interest Rates to Customers and Debtors at PT. Bank X in Medan, Indonesia

Abstract

This paper aims to examine how efficient contracts in providing credit, especially in PT. Bank X. The issues that will be raised in this paper are, first, what is the basis for the credit extension of PT. Bank X to customers, the second analysis of which financial statements are used by PT. Bank X, and the third system of providing and credit supervision that should have been implemented by PT. Bank X. The approach used in this paper is a qualitative approach, namely the research method used to study scientific objects. The academic implication of this paper is that there is a theoretical understanding of efficient contact in providing credit to customers. Meanwhile, the practical implications for this journal are expected to be taken into consideration for business actors, particularly the banking service industry in terms of efficient contracts and providing credit.