The Priority of Microprudential Indicators in Indonesia

Financial system stability is an important prerequisite for sustainable economic growth. Within the framework of financial stability policies, microprudential policies play a role in maintaining the health of individual financial institutions through the supervision of various key indicators. This study aims to determine the priority of microprudential indicators that are relevant to Indonesia based on the views of experts. The method used is the Delphi method by involving nine respondents consisting of academics and practitioners in the fields of economics and finance. The data was analyzed using statistical measures in the form of mean values, standard deviations, and interquartile range (IR) to assess the consensus level. The results showed that out of the 19 microprudential indicators analyzed, 13 indicators reached expert consensus. The three main priority indicators are non-performing loans, exchange rate risk, and liquid liability. These findings confirm the importance of credit risk indicators, market risk, and liquidity in maintaining the stability of Indonesia's financial sector.