@article{Jamal Wiwoho_Nugroho Saputro_Putra Pamungkas_Irwan Trinugroho_Moch. Doddy Ariefianto_Francisca Sestri Goestjahjantie_2021, title={Rural Bank and Regional Economic Development: Evidence from Indonesia}, volume={22}, url={https://publisher.unimas.my/ojs/index.php/IJBS/article/view/3761}, DOI={10.33736/ijbs.3761.2021}, abstractNote={<p>This paper investigates the relationship between fund reallocation on economic growth and poverty by using 1860 rural banks. Our quarterly data allow us to merge bank-level data and province level-data from 2010-2016. We find that loan-to-deposit ratio as our proxy of intermediation function could boost economic development. Our non-linear regression shows that too much finance reduces regional GDP growth but, in the long term, could help to reduce poverty. Our results provide some important policy implications that rural banks could contribute to economic development in a good way but should be highly supervised in terms of risk and competition.</p&gt;}, number={2}, journal={International Journal of Business and Society}, author={Jamal Wiwoho and Nugroho Saputro and Putra Pamungkas and Irwan Trinugroho and Moch. Doddy Ariefianto and Francisca Sestri Goestjahjantie}, year={2021}, month={Aug.}, pages={818-827} }