Indonesia Eximbank is a financial institution owned by the Government of the Republic of Indonesia that was established pursuant to the Act No.2 Year 2009 to perform the National Export Financing (PEN)
Indonesia Eximbank has the roles in promoting Indonesian exporters as respectful business players in the global markets with world-class export products and services.
National Export Financing is provided by Indonesia Eximbank for the business entities having the form of a legal entity, including individuals domiciled within and outside the territory of the Republic of Indonesia. The purposes of providing the national export financing is to accelerate Indonesia’s foreign trade growth and increase competitiveness of the business agents and support the government policies in the framework of encouraging the national export program.
Indonesia Eximbank also continuously increases funding capacity through bonds issuance and third-party borrowings to support Institution business segment. Through consistent empowerment and development efforts for SMEs engaged in export activities, Indonesia Eximbank keeps on raising the new number of exporters.
One of the efforts of Indonesia Eximbank to cover the needs of the business agents all over Indonesia, currently Indonesia Eximbank has 6 (six) office networks that consist of 1 (one) Head Office located in Jakarta, 4 (four) Regional Offices, namely in Medan, Surabaya, Surakarta, Makassar and 2 (two) Representative Offices in Balikpapan and Batam.
Functions and duties of Indonesia Eximbank are :
Becoming the Eximbank that is superior and credible to encourage the national export that is highly competitive at the global level.
Indonesia Eximbank also provides Advisory Services to the Banks, Financial Institutions, Exporters, export goods producers, particularly in the micro, small and medium enterprises segment, and cooperatives; and carries out other activities that support the duties and authorities of Indonesia Eximbank that are in line with Law No.2/2009.
The Board of Directors is the sole organ of Indonesia Eximbank. The Board of Directors is responsible for formulating and establishing policies, as well as supervising the operations of Indonesia Eximbank. The Executive Director performs Indonesia Eximbank’s operational activities, and is assisted by a maximum of 5 (five) Managing Directors.
The initial capital of Indonesia Eximbank was set at a minimum of Rp4.00 trillion. The capital consists of state treasury that is separated and is not divided into shares. At the end of 2017, Indonesia Eximbank received a State Capital Investment (PMN ) of Rp3.20 trillion, comprising of Rp1.00 trillion for operational capacity improvement and Rp2.20 trillion for the National Interest Account program implementation.
Since established in 2009, Indonesia Eximbank commits to conduct its mandate to boost national export. Here are some of our achievements.
In creating a pool of human resources with optimum work ethics, responsibility and productivity in support of the vision, mission and objective of the institution, Indonesia Eximbank has established a code of conduct that reflects the core corporate culture of the institution, known as TRUST.
Management of risk exposure at Indonesia Eximbank is supported by good organisation structure, adequate policies and SOPs.