[ABSTRAK
Tesis ini membahas mengenai pengaruh pendalaman pasar keuangan(financial deepening) terhadap kinerja perbankan di Indonesia. Penelitian inimenggunakan pendekatan uji ko-integrasi dengan melalui beberapa tahapanuji dengan metode uji ADF, Johansen Cointegration Test, VECM danGranger Causality. Penelitian ini bertujuan untuk menganalisis pengaruhpendalaman pasar keuangan (financial deepening) terhadap beberapa indikatorkinerja perbankan yaitu CAR, ROA dan NIM. Dari penelitian ini, secaraumum dapat diketahui bahwa pendalaman pasar keuangan di Indonesiamemiliki pengaruh yang cukup signifikan terhadap kinerja perbankan. Namun,dengan semakin dalamnya pasar finansial maka tidak akan mengancamperformance industri perbankan yang memiliki struktur permodalan yangkuat. Hasil penelitian menyarankan agar kebijakan pendalaman pasarkeuangan lebih selektif dan mempertimbangkan skala size bank. Menghimbaubahkan mendesak kepada pemilik dan pengelola bank-bank kecil danmenengah untuk melakukan merger guna memperkuat strukturpermodalannya. Perbankan agar mempertimbangkan kebijakan pendalamanpasar keuangan dalam merumuskan rencana bisnis bank (RBB) tiap tahunnya.

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ABSTRACT
The focus of this thesis is the impact analysis of financial deepening tobanking industry performance in Indonesia. This research was conductedusing co-integration test approach through several stages of testings withmethods ADF Test, Johansen Cointegration Test, VECM and GrangerCausality. This research aims to analyze the effect of financial marketdeepening to banking performance indicators i.e CAR, ROA and NIM. Thegeneral findings showed that financial deepening in Indonesia significantlyaffects banking performance. However, with a deeper financial market, thiswill not pose as a threat to the performance of a banking industry with strongcapital structure. Research results suggested that financial deepening policyshould be selective and considerate towards bank size scale, urging small andmiddle-sized bank owners to merge in order to strengthen their capitalstructure. The banking industry should put financial deepening policy intoconsideration in composing their yearly business plan (RBB).;The focus of this thesis is the impact analysis of financial deepening tobanking industry performance in Indonesia. This research was conductedusing co-integration test approach through several stages of testings withmethods ADF Test, Johansen Cointegration Test, VECM and GrangerCausality. This research aims to analyze the effect of financial marketdeepening to banking performance indicators i.e CAR, ROA and NIM. Thegeneral findings showed that financial deepening in Indonesia significantlyaffects banking performance. However, with a deeper financial market, thiswill not pose as a threat to the performance of a banking industry with strongcapital structure. Research results suggested that financial deepening policyshould be selective and considerate towards bank size scale, urging small andmiddle-sized bank owners to merge in order to strengthen their capitalstructure. The banking industry should put financial deepening policy intoconsideration in composing their yearly business plan (RBB)., The focus of this thesis is the impact analysis of financial deepening tobanking industry performance in Indonesia. This research was conductedusing co-integration test approach through several stages of testings withmethods ADF Test, Johansen Cointegration Test, VECM and GrangerCausality. This research aims to analyze the effect of financial marketdeepening to banking performance indicators i.e CAR, ROA and NIM. Thegeneral findings showed that financial deepening in Indonesia significantlyaffects banking performance. However, with a deeper financial market, thiswill not pose as a threat to the performance of a banking industry with strongcapital structure. Research results suggested that financial deepening policyshould be selective and considerate towards bank size scale, urging small andmiddle-sized bank owners to merge in order to strengthen their capitalstructure. The banking industry should put financial deepening policy intoconsideration in composing their yearly business plan (RBB).]