Tuesday, September 1, 2009

Mahendra Siregar lead Indonesian Export Credit Agency

Deputy Coordinating Minister for Economic Affairs for International Partnership Mahendra Siregar lead Indonesian Export Multifinance Agency (Lembaga Pembiayaan Ekspor Indonesia).
Indonesia Eximbank is targeted to boost up the assets up to IDR48 trillion as from early position of IDR1.2 trillion in the next five year following the cooepartion with export multifinance company today.
The institution under the Law on LPEI is expected to boost the export contribution to the Indonesian economy growth by 5 percent.
The function of the Indonesian export multifinance institution will be performed by PT Bank Ekspor Indonesia (Persero) and will use Indonesia Eximbank as the brand.
Not only disbursing export, Indonesia Eximbank will also have insurance and consultancy service on export.

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