Securitization: economic stimulus with strengthening of banking intermediation in facing the Covid-19 Pandemic

The function of financial institutions as intermediaries is to fund back from the community in the form of loans or credit to real business sectors in an effort to develop businesses. But, since Covid-19 was confirmed, the role of financial institutions began to weaken. This paper investigates an economic stimulus effort to learn from the experiences and practices of foreign countries. In this paper, the authors suggest implementing credit asset securitization. The research method that will be used in this research is descriptive qualitative method that is used to obtain a comprehensive picture related to the solution to strengthen intermediation and banking performance in the face of slowing economic growth due to the impact of the Covid-19 disease pandemic. This research is a systematic review based on the literature using qualitative descriptive analysis by describing research results through several sources and drawing conclusions from several related articles and journals. So the source of the data obtained from this research is secondary data in the literature review related to banking securitization in an effort to strengthen banking intermediation. From this analysis, the authors conclude and recommend the implementation of asset securitization policies as the right step that securitization which aims to increase credit to businesses that needs and the stability of the banking intermediation function based on the theory of securitization and learning from several countries.