Transformation Without Profitability? An Econometric Study of Cost Efficiency, Credit Risk, and Regional Economic Constraints in Bank Papua, 2015–2025
This study examines why Bank Papua’s institutional and digital transformation did not result in sustained profitability improvement during 2015–2025. As a Regional Development Bank (RDB), Bank Papua must balance commercial profitability with regional development in Tanah Papua, despite high-cost geography, limited infr...