BI Announces the Winners of the 2017 Science Competition on FSS - Bank Sentral Republik Indonesia
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January 21, 2020
Bank Indonesia announces the Winners of the 2017 Science Competition on Financial System Stability (LKISSK) today (23/11) in Surabaya. LKISSK is a routine activity conducted by Bank Indonesia since 2008 to encourage people, especially academicians, to have more in-depth understanding on financial system stability (FSS). The competition is expected to give more education and obtain public perception of FSS to enrich the authority in policy determination. This year, the theme is "Systemic Risks, Financial System Stability, and Macroprudential Policy".
This competition has been conducted since 17 March 2017 with the deadline for scientific works submission on 29 September 2017. Out of the incoming 86 (eighty-six) scientific works, 5 finalists are selected to present their scientific works before the judges from 3 (three) universities in Indonesia.   Based on the judges' judgment, the list of winners is as follows:
Note Name University Paper Title
Dominikus Otto Krisnandi, Kelvin Yohanes, and Zacharia Eucharistio Kemur 
Prasetiya Mulya University
Influence of Industrial Competition on   Systemic Risks in Commercial Banks in Indonesia
Runner Up
Vira Cania Arman
Vrije Universiteit Amsterdam
The Role of Consumer’s Acceptance and Financial Literacy in Reshaping the Fintech Industry: A Case Study in Indonesia
First Runner Up
Sugiyanto, Anis Nur Aini, Meganisa Setianingrum, Shania Puspita Sari, and Vivi Rizky Aristina Suwardi
Sebelas Maret University
Early Detection System for Financial Crisis in Indonesia by Using Combination of Volatility and Markov Switching Model Based on Macroeconomic Indicators
Second Runner Up
Achmad Fawaid Husein
Jember University
Spillover Effect, Banking Stability and Effectiveness Macroprudential Policy From Capital Flows Channel
Second Runner Up
Harjoni Desky
IAIN Lhokseumawe
Risk Measurement by PCA Model against Financial Sector Stability in Indonesia


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