Indonesia Eximbank

What Indonesia Eximbank does

Indonesia Eximbank (Lembaga Pembiayaan Ekspor Indonesia / LPEI) is Indonesia's official Export Credit Agency, established by Law No. 2/2009 and operating as a Special Mission Vehicle (SMV) under the Ministry of Finance with 100% government ownership. The institution provides export financing (Pembiayaan), guarantees (Penjaminan), insurance (Asuransi), and consulting services (Jasa Konsultasi) to Indonesian exporters — including large corporations, SMEs, cooperatives, and individual producers — with a particular mandate to underwrite transactions commercial banks consider non-bankable but strategically important for national export policy.

Its core product portfolio centers on five pillars: Pembiayaan Modal Kerja Ekspor (working capital financing), Penjaminan Proyek (project guarantees), Asuransi Pengangkutan (freight/transport insurance), Jasa Konsultasi (advisory), and Penugasan Khusus Ekspor (PKE), a government-assigned special export program with sub-products targeting trade finance, non-traditional markets (Kawasan), SMEs (UKM), and pharmaceutical industries. Supporting programs include Desa Devisa (2,379 export-oriented villages developed as of March 2026, with 179,205 farmers/craftsmen/fishermen and 6,011 SME partners empowered), and the Coaching Program for New Exporter (CPNE) which has created 1,774 new exporters cumulatively. A planned Komodoin marketplace platform aims to digitize export ecosystem services.

The institution operates through a direct distribution model: 9 offices nationwide (Jakarta HQ, 4 regional offices in Jakarta/Semarang/Surabaya/Medan, 4 branch offices in Surakarta/Denpasar/Balikpapan/Makassar), supplemented by partnership banking channels with Maybank, Bank Mandiri, BRI, BCA, ICBC Indonesia, PermataBank, and insurance partner PT Asuransi Asei Indonesia. Q1 2026 results showed Rp32.3T financing (+13% YoY), Rp4.2T guarantees, Rp1.4T insurance, Rp77B net profit (+81% YoY), NPL ratio of 1.77% (improved from 2.41%), and CAR of 37.3%. Backed by Rp4T initial capital plus Rp3.2T (2017) and Rp5T (approved) PMN injections, the institution's pricing model includes subsidized 6% PKE facilities for strategic sectors. Indonesia Eximbank is a member of the Forum Asian Exim Banks and is pursuing OECD accession via its partnership with Indonesia Infrastructure Finance.

Name

Indonesia Eximbank

Legal name

Lembaga Pembiayaan Ekspor Indonesia

Website

https://indonesiaeximbank.go.id

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Indonesia Eximbank (LPEI) is the Indonesian government's official Export Credit Agency, providing financing, guarantees, insurance, and consulting to Indonesian exporters, including SMEs and large corporations, to support national export growth and non-traditional market access.

Ownership category

akta.pro rank

Product category

Export Credit Agency Services

NAICS

Process, Physical Distribution, and Logistics Consulting Services (541614), All Other Business Support Services (561499)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Export Credit Agencies (ECAs) & Official Export Finance (FSABAKAC)

akta.pro secondary industry

Export Promotion & Market Access Support (BPADAMAC)

Keywords

• Export credit agency
• Trade finance services
• Export guarantee insurance
• Exporter financing programs
• National export development

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D, Infrastructure

Revenue model

1. Export Financing (Pembiayaan Ekspor): Provides financing facilities to Indonesian exporters for working capital and investment needs. Financing business unit recorded Rp32.3 trillion as of Q1 2026.
2. Export Guarantee (Penjaminan): Provides guarantee facilities to protect exporters from default risks. Guarantee volume reached Rp4.2 trillion in Q1 2026.
3. Export Insurance (Asuransi Ekspor): Provides insurance coverage for export transactions to protect against commercial and political risks. Insurance volume was Rp1.4 trillion in Q1 2026.
4. Consulting Services (Jasa Konsultasi): Provides advisory services including export training, capacity building, and business matching to support Indonesian exporters.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Indonesia Eximbank (Lembaga Pembiayaan Ekspor Indonesia / LPEI) is Indonesia's official export credit agency providing four core service lines: Pembiayaan (export financing), Penjaminan (guarantee), Asuransi (export insurance), and Jasa Konsultasi (consulting services). It also administers the government-mandated Penugasan Khusus Ekspor (PKE) program for commercially difficult but strategically important transactions, alongside the Desa Devisa village export development program and CPNE coaching for new exporters. Services are delivered to Indonesian businesses, both legal entities and individuals, domiciled within or outside Indonesia, engaged in export activities.

Product overview

Indonesia Eximbank (Lembaga Pembiayaan Ekspor Indonesia/LPEI) operates as a state-owned export financing institution under the Government of Indonesia, established in 2009. The institution provides a comprehensive suite of export support services through five core products: Pembiayaan (export financing), Penjaminan (guarantee), Asuransi (export insurance), Jasa Konsultasi (consulting services), and Penugasan Khusus Ekspor/PKE (special government-assigned export programs). The PKE program encompasses three sub-programs: PKE Trade Finance, PKE Kawasan for regional non-traditional markets, and PKE UKM for SME exporters. Additional programs include the Desa Devisa village-based export development initiative, the Coaching Program for New Exporter (CPNE), and the planned Komodoin marketplace platform. The institution also operates an e-procurement system for supplier engagement.

Differentiator

Problem solved

Functional benefit

Brands

• Desa Devisa: Program to develop villages into foreign exchange earning communities through export-oriented local products
• Coaching Program for New Exporter (CPNE)
• Penugasan Khusus Ekspor (PKE)

Products and services

• Pembiayaan (Export Financing) National export financing facility providing working capital and investment financing to Indonesian businesses (both legal entities and individuals) domiciled within and outside Indonesia to accelerate foreign trade growth and enhance competitiveness. Financing book reached Rp32.3 trillion in Q1 2026, up 13% from Rp28.6 trillion in Q1 2025.
• Penjaminan (Export Guarantee) Export guarantee facility protecting Indonesian exporters and project owners from non-payment and counterparty risks in international trade and project execution transactions. Total guarantee volume reached Rp4.2 trillion in Q1 2026.
• Asuransi (Export Insurance) Export insurance covering Indonesian exporters against commercial and political risks associated with export activities, including transport and freight risks. Insurance volume was Rp1.4 trillion in Q1 2026.
• Jasa Konsultasi (Consulting Services) Consulting and advisory services for Indonesian exporters covering training, capacity building, market access, and business matching. Includes the Desa Devisa (Export Village) program which by March 2026 had developed 2,379 villages, empowered 179,205 farmers/craftsmen/fishers, and trained 6,011 SMEs.
• Penugasan Khusus Ekspor (PKE) - Special Export Assignment Government-assigned special export financing program for transactions or projects that are commercially difficult but deemed necessary for national export policy. Includes PKE Trade Finance, PKE Kawasan (for non-traditional markets in Africa, South Asia, and the Middle East), PKE Industri Farmasi (pharmaceutical industry), and PKE UKM (for SMEs). PKE disbursement increased 39% YoY to Rp3.6 trillion in Q1 2026, with a 6% interest rate facility targeting textile and furniture companies.
• Coaching Program for New Exporter (CPNE) Training program designed to develop new Indonesian exporters by coaching them on export procedures, market access, and international trade requirements. Has cumulatively created 1,774 new exporters since program inception, with 209 new exporters added in Semester I 2025 reaching Rp4.3 billion in actual export value.

Quantifiable outcome

• 2,379 Desa Devisa developed supporting rural export-oriented communities
• +3 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered major, core and minor.

• Saudi Exim BankmajorStrategic or Co-development PartnerIndonesia Eximbank and Saudi Exim Bank signed a Memorandum of Understanding (MoU) to boost bilateral trade and economic cooperation between the two countries.
• Bank MandiricoreChannel Partner/ Reseller/ DistributorStrategic collaboration to accelerate national exports. Bank Mandiri participated as lender in syndicated loans and cooperation in export financing programs.
• Bank Rakyat IndonesiacoreChannel Partner/ Reseller/ DistributorBRI participated as lender in syndicated loans and collaborates on export financing programs.
• Maybank IndonesiacoreChannel Partner/ Reseller/ DistributorStrategic partnership signed June 17, 2025 to strengthen national export ecosystem, leveraging Maybank's branch network and Indonesia Eximbank's export financing expertise.
• PT Asuransi Asei IndonesiacoreStrategic or Co-development PartnerPartnership to strengthen export ecosystem through development of Credit Insurance Cooperation for Export SME Special Assignment. Both Export Credit Agencies commit to provide complete solutions including PKE financing and credit insurance with up to 70% coverage.
• Bank Central Asia (BCA)coreChannel Partner/ Reseller/ DistributorCollaboration to develop priority tourism destinations including Labuan Bajo to create tourism foreign exchange.
• PT Sarana Multi Infrastruktur (SMI)coreStrategic or Co-development PartnerStrategic cooperation for Bank Guarantee issuance, combining SMI's infrastructure expertise with Indonesia Eximbank's export financing capabilities.
• Indonesia Infrastructure Finance (IIF)majorStrategic or Co-development PartnerStrategic collaboration to accelerate international standards integration, strengthen ESG integration, and prepare for OECD accession.
• Indonesian Diaspora in CanadaminorChannel Partner/ Reseller/ DistributorCollaboration to open market access for thousands of Indonesian SME products in Canada through diaspora networks.
• PT PermataBankcoreChannel Partner/ Reseller/ DistributorPartnership renewal to strengthen strategic cooperation in export financing through extension of cooperation agreement.
• Forum Asian Exim BankscoreOthersIndonesia Eximbank is an active member of the Forum Asian Exim Banks, a regional cooperation among major Exim banks in Asia. Forum members include Indonesia, Australia, China, India, Japan, South Korea, Malaysia, Philippines, Thailand, Turkey, and Vietnam, with ADB as observer.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Saudi Exim Bank (Saudi EXIM): Saudi Arabia's official export credit agency providing financing, guarantees and insurance for Saudi exporters. Direct peer in product catalogue and government mandate; Indonesia Eximbank holds an MoU with Saudi Exim.
• Japan Bank for International Cooperation (JBIC): Japan's policy-based financial institution supporting Japanese overseas investments and exports through lending, guarantees and equity. Comparable as a state-owned ECA delivering large-scale project finance alongside trade financing.
• Export-Import Bank of India (India Exim Bank): India's official export credit agency providing financing, guarantees, insurance and advisory to Indian exporters under a similar statutory mandate. Both serve large, geographically diverse emerging-market exporters with mixed corporate/SME clients and a national-development role.
• Export-Import Bank of Thailand (T-EXIM): Thailand's state-owned export credit agency providing financing, guarantees and insurance to Thai exporters. Regionally comparable in mandate, government ownership and product catalogue with focus on SMEs and non-traditional markets.
• Korea Trade Insurance Corporation (K-SURE): South Korea's official export credit agency providing trade insurance, guarantees and financing for Korean exporters. Peer in offering integrated export-credit solutions with strong SME focus and government backing.
• Export Credit Guarantee Corporation of India (ECGC): Indian government-owned export credit insurance provider covering exporters against commercial and political risks. Directly comparable to Indonesia Eximbank's Asuransi (export insurance) and Penjaminan (guarantee) product lines.
• Export-Import Bank of Malaysia (Malaysia Exim): Malaysia's statutory ECA offering export financing, guarantees, insurance and advisory to Malaysian exporters. Closely comparable in scale, Southeast Asian footprint, and product mix (financing + guarantee + insurance + advisory).

Broad incumbents

• Export Development Canada (EDC): Canada's state-owned export credit agency offering financing, insurance and bonding solutions to Canadian exporters. Comparable as a Crown corporation ECA with similar integrated service offering.
• Bpifrance Export Guarantee / Euler Hermes (Germany): Euler Hermes, the German Euler-Hermes-managed export credit agency, provides trade credit insurance and guarantees for exporters. Comparable as an established OECD export credit insurer with similar guarantee/insurance products.
• Export-Import Bank of China (China Exim Bank): China's policy-based state bank providing large-scale export credits, guarantees and concessional loans for Chinese exporters and overseas projects. Comparable as a state-mandated ECA though much larger in scale and balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/indoeximbank
• Facebookid-id.facebook.com/EximbankID
• LinkedInid.linkedin.com/company/indonesia-eximbank
• Instagraminstagram.com/indonesiaeximbank

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indonesia Eximbank