ABSTRACT

Henny Medyawati & M. Yunanto Faculty of Economics, Gunadarma University, Indonesia

ABSTRACT: Research on the role of technology in banking is still an interesting topic. This paper aims to analyze the banking indicators, economic growth indicators and banking technology indicators to economic growth in Indonesia. Data processing results indicate that BI-RTGS has positive response to the shock of the economic growth. The percentage contribution of the BI-RTGS variables also showed consistency ranging from period to six months until the eleventh. Overall it can be concluded that the BI-RTGS variables show the effect on economic growth indicated by optimum lag of VAR models obtained in the two months.