Analisis Perbandingan Financial Distress pada PT. Bank Pembangunan Daerah Jawa Barat & Banten, TBK (Bank BJB) dan PT. Bank Pembangunan Daerah Jawa Timur, Tbk. (Bank Jatim) menggunakan Model Altman Z-Score dan Grover G-Score
The Bank is a form of financial institution that is a milestone in the Indonesian economy. Regional Development Bank (BPD) as one of the public banks whose share ownership is owned by the Provincial Government in various regions has a significant function and role in supporting regional economic development because BPD is able to open a service network in areas that are not economically carried out by private banks. Although BPD's business development is quite good, the contribution to the regional economy is still limited. Financial distress can cause a company to default on contracts, and may involve financial restructuring between the company, creditors, and equity investors. The Altman Z-Score and Grover G-Score methods are several methods for analyzing bankruptcy. This study aims to analyze the financial distress comparison in the Regional Development Banks of West Java & Banten and the Regional Development Bank of East Java using the Altman Z-Score and Grover G-Score methods. The data used are secondary data from the company's financial statements of the West Java & Banten Regional Development Banks and the East Java Regional Development Bank for the 2015-2017 period. The results of the study revealed that the West Java BPD using the Altman and Grover method in 2015 - 2017 will not experience bankruptcy/ non financial distress, while the East Java BPD is in a gray area or "warning" zone experiencing the risk of bankruptcy using the method Altman and Grover in 2015 - 2017.