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Legal Paradigm Shifting Rural Credit Bank of Indonesia (BPR) to Enhance Indonesia Banking in the Global Market: A Normative Legal Study

Journal of Law and Legal Reform · Vol. 7 No. 1 (2026) · pp. 457–488

DOI
10.15294/jllr.v7i1.20687
ISSN
2715-0968, 2715-0941
Published
2026-01-26
Publisher
Faculty of Law, Universitas Negeri Semarang, Indonesia
Language
eng
License
creativecommons.org/licenses/by-nc-sa/4.0

Abstract

The development of regulations resulting from the Financial Sector Development and Strengthening Act (P2SK Act) has changed the acronym of the People’s Credit Bank to the People’s Economic Bank, which, of course, changes the needs of today’s society. This research also aims to analyze the extent to which the government adapts to technological and informatics developments through progressive regulatory updates as evidenced by the emergence of new financial regulations, namely the P2SK Law. The research method used in this study is a comparative approach that analyzes the comparison of credit lending institutions before and after the P2SK Law. The analysis applied in this research is the Qualitative Method of Comparative Analysis Model, which compares two objects under study based on the author’s framework of thought. This normative-empirical legal research is studied based on regulations and examined based on social empirical facts in the field. The data processed comes from literature studies of previous studies collected and analyzed by the author. The results of this study interpret that the monetary and real sectors are integrated with regulations created by the government, which are mutually compatible. Regulatory updates must also follow the rapid development of the times in the economic sector, which is the main factor supporting the prosperity of a country. The substance of the new regulations of the P2SK Law is also adjusted to the needs of the community through the functions and principles of the People’s Economic Bank itself.

Keywords

Collaboration network of the authors

40 authors · 142 co-authorship links · 1 across different organisations · showing the 40 most connected

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Universitas Halu Oleo
  • State University of Semarang
  • Universitas Gadjah Mada
  • National Taiwan Ocean University
  • Affiliation unknown
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Irawaty IrawatyUniversitas Halu Oleo5
Dewi SulistianingsihState University of Semarang4
Pujiono PujionoAffiliation unknown2
Yuli Prasetyo AdhiAffiliation unknown2
Eko MukmintoAffiliation unknown2
Widhiyanto WidhiyantoAffiliation unknown2
Dani MuhtadaAffiliation unknown2
Winarsih WinarsihUniversitas Gadjah Mada2
Mutmainah Nur QoiriAffiliation unknown2
Ratih DamayantiAffiliation unknown2
Destika Santi Putri SarfitriAffiliation unknown2
Jamaluddin Jamal MuhsenAffiliation unknown2
LAGA SUGIARTOAffiliation unknown2
Ubaidillah KamalAffiliation unknown2
Kresna Adi PrasetyoAffiliation unknown2
Lilis Eka LestariAffiliation unknown2
Andry SetiawanAffiliation unknown1
Ivan Bhakti YudistiraAffiliation unknown1
MUHAMMAD SHIDQON PRABOWOAffiliation unknown1
Rindia Fanny KusumaningtyasAffiliation unknown1
Sudijono SastroatmodjoAffiliation unknown1
Syukron SalamAffiliation unknown1
Holy Latifah HanumAffiliation unknown1
Rahayu Fery AnitasariAffiliation unknown1
Edward Michael SimangunsongAffiliation unknown1
Hafidz DaffaAffiliation unknown1
Samuel Adi NugrohoAffiliation unknown1
Erin ChanniagoAffiliation unknown1
Rayyan AlkhairAffiliation unknown1
Ratna LaniatiAffiliation unknown1
Bayangsari WedhatamiAffiliation unknown1
Riska AlkadriAffiliation unknown1
Anhar Dana PutraAffiliation unknown1
Taih-Cherng LirnNational Taiwan Ocean University1
Diandra Preludio RamadaAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://journal.unnes.ac.id/journals/jllr/oai, first harvested 6 Nov 2026, last seen 6 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">Legal Paradigm Shifting Rural Credit Bank of Indonesia (BPR) to Enhance Indonesia Banking in the Global Market: A Normative Legal Study</dc:title>
	<dc:creator xml:lang="en">Ningsih, Ayup Suran</dc:creator>
	<dc:creator xml:lang="en">Fidiyani, Rini</dc:creator>
	<dc:creator xml:lang="en">Haryakusuma, Adil Putra</dc:creator>
	<dc:creator xml:lang="en">Nion, Norhaini Binti</dc:creator>
	<dc:creator xml:lang="en">Wardhani, Harumsari Puspa</dc:creator>
	<dc:subject xml:lang="en">People’s Economic Bank</dc:subject>
	<dc:subject xml:lang="en">Banking Law</dc:subject>
	<dc:subject xml:lang="en">Legal Paradigm</dc:subject>
	<dc:description xml:lang="en">The development of regulations resulting from the Financial Sector Development and Strengthening Act (P2SK Act) has changed the acronym of the People’s Credit Bank to the People’s Economic Bank, which, of course, changes the needs of today’s society. This research also aims to analyze the extent to which the government adapts to technological and informatics developments through progressive regulatory updates as evidenced by the emergence of new financial regulations, namely the P2SK Law. The research method used in this study is a comparative approach that analyzes the comparison of credit lending institutions before and after the P2SK Law. The analysis applied in this research is the Qualitative Method of Comparative Analysis Model, which compares two objects under study based on the author’s framework of thought. This normative-empirical legal research is studied based on regulations and examined based on social empirical facts in the field. The data processed comes from literature studies of previous studies collected and analyzed by the author. The results of this study interpret that the monetary and real sectors are integrated with regulations created by the government, which are mutually compatible. Regulatory updates must also follow the rapid development of the times in the economic sector, which is the main factor supporting the prosperity of a country. The substance of the new regulations of the P2SK Law is also adjusted to the needs of the community through the functions and principles of the People’s Economic Bank itself.</dc:description>
	<dc:publisher xml:lang="en">Faculty of Law, Universitas Negeri Semarang, Indonesia</dc:publisher>
	<dc:date>2026-01-26</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://journal.unnes.ac.id/journals/jllr/article/view/20687</dc:identifier>
	<dc:identifier>10.15294/jllr.v7i1.20687</dc:identifier>
	<dc:source xml:lang="en">Journal of Law and Legal Reform; Vol. 7 No. 1 (2026): January, 2026; 457-488</dc:source>
	<dc:source>2715-0968</dc:source>
	<dc:source>2715-0941</dc:source>
	<dc:source>10.15294/jllr.v7i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://journal.unnes.ac.id/journals/jllr/article/view/20687/8371</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2026 Ayup Suran Ningsih, Rini Fidiyani, Adil Putra Haryakusuma, Norhaini Binti Nion, Harumsari Puspa Wardhani (Author)</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by-nc-sa/4.0</dc:rights>
</oai_dc:dc>