Business Model and Strategy for Sustainable Lending of State-Owned Banks in Indonesia
, Hermanto Siregar 2, Dedi Budiman Hakim 2,3, Idqan Fahmi 1 and Tanti Novianti 1Round 1
Reviewer 1 Report
Comments and Suggestions for Authorsreferences are not according to the formatting requirement and are not even APA.
background of the study must be extended, the loopholes in the models before TLBMC must be discussed.
add more recent studies in identifying the gap.
write the full names of the abbreviations used in the study like AHP and TOPSIS
add some description of relevance of the topic with risk management.
Author Response
Thank you for your review. The response is attached below.
Author Response File: 
Author Response.pdf
Reviewer 2 Report
Comments and Suggestions for AuthorsThis is a very interesting approach for sustainable banking which, coming from the financial side of the field, I was not aware of.
Yet, like most of the literature, the paper abstracts from the business case of sustainability; why a bank, or any enterprise, should engage in sustainable business unless these business have a positive impact on their bottom line. A counterargument is that state-owned banks take additionally into account the externality benefits.
Even in this case, the discussion, especially in Section 2, should be more specific to banking -- as it stands now, it is very general and does not take into account the peculiarities of banking and of financial products and services. It should also introduce the key stakeholders (some are introduced in Figure 4) along with the ways they can affect the costs, revenues and risks of banks.
Taken together, the paper starts from the current practices of state-owned banks and provides an algorithm to summarize them, without considering the possibility that these practices may not be efficient or even sustainable. The last reservation reflects the reality that all sustainable practices have side-effects which may fully negate their sustainability benefits.
Author Response
Thank you for your review. The response is attached below.
Author Response File: Author Response.pdf
